Kelly's Articles and Market Updates

Are you looking to sell or buy and wondering what is required to achieve municipal compliance? Are you looking to tear down and get permits to build and develop a new home? Are you looking to legalize an existing or new basement suite? These are important questions that require clear answers before homeowners; renovators; and homebuilders proceed with a development or writing / acceptance / r ...

Many investor Buyers are often looking for great deals on foreclosures, court-ordered sales, estate sales, and listings with high days on the market. Below are my important considerations that Buyers need to know before focusing on these specific categories:   (1). Foreclosures occur primarily when a property owner defaults on a mortgage payment or other related bills tied to the property. Wh ...

If you are a current homeowner looking to make a move, in addition to selecting the best REALTOR® available, your next biggest decision will be whether to sell first and then buy or buy first and then sell.  Supposing you decide to sell first before buying – what are the risks, ramifications, and benefits? Below are Kelly Grant's important considerations:  (a). BENEFIT – You would not buy u ...

With some devastated foreign economies edging towards a potential freefall, many Albertans (and other Canadians) with disposable income contemplate the possibility of scooping up timeshares or vacation homes at reduced rates. Before you embark on this risky venture, below are Kelly Grant's ten important concepts to understand before buying a foreign-based timeshare or vacation home:  (1). Wh ...

Buying a house, condo, or acreage is a big investment and most first-time Buyers will likely need some type of mortgage assistance to finalize their purchase. Hiring a good mortgage broker can be almost as important as selecting a good REALTOR®. Below are Kelly Grant's ten important groups of factors to consider and analyze (along with questions you should ask) when selecting a good mortgage ...

Owning an apartment building or 4-plex can be an exciting prospect, but does one have what it takes to become a successful landlord? Below are my top 20 important considerations one should understand and discuss in detail with their REALTOR® before embarking on this new and exciting venture:  (1). Have you been recently pre-approved for financing with a commercial mortgage broker and for wha ...

Think buying a condo is easy? Guess again - buying a townhouse, attached bungalow, or apartment-style condominium in many ways is more complicated and requires more attention to detail than buying a single-family house. In addition to buying the suite, a Buyer is also purchasing common property divided among all unit owners based upon the assigned unit factor (out of 10,000) in the complex. B ...

Buying a lot and building a new home can be exciting, but whether one is a builder or a single homeowner below are some important items one should always discuss in advance with their REALTOR® before making an offer to purchase on a vacant lot: (1). Is GST included in the advertised list price or is it payable and redeemable as a future tax rebate? For futher information on this topic, becau ...

A commonly heard term in real estate: ’Buyer to accept the property as-is, where-is ...’, but how does this relate to Real Property Report (RPR) and Compliance issues specifically applied to houses, duplexes, and bare land condominiums? [Background: an RPR is constructed by a certifed land surveyor where they chart structures and dimension in relation to the property boundaries; Compliance is ...

Moving sounds easy - call up a mover, load up the truck, and you’re off, right? Wrong - below are Kelly Grant's important details you might have overlooked but must be handled in advance to make sure your next move is a success: (1). Plan out everything weeks or months in advance, starting with selecting the right mover. Call up various movers in the Yellow Pages, and also ask your REALTOR®, ...