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Calgary Real Estate Buyers

The Home Buying Process – From Searching To Closing

With decades of combined experience in the Calgary real estate market, our team understands the nuances and complexities of buying a home. We believe in educating our clients by providing them with the tools and resources required to make a smart and informed decision.

  • Where What Why Icon

    Step 1: The Where, The What & The Why

    When shopping the Calgary real estate market, start by defining your ideal location and the kind of home you envision by creating a list of your must-haves and your wants. Remember, pinpointing your priorities now makes the search smoother later on.

  • PreApproved For Mortgage Icon

    Step 2: Getting Pre-Approved For A Mortgage

    When it’s time to apply for a mortgage pre-approval make sure you consult with a few mortgage specialists or brokers, as they can offer a variety of options tailored to your needs. A pre-approval not only gives you a clear budget, it also serves as a strong negotiating tool.
    Mortgage Calculator

  • Find A Realtor

    Step 3: Finding A REALTOR®

    Buy with confidence by having a trustworthy guide at your side. A REALTOR® is more than just an agent; they’re a dedicated partner in your home buying journey. Through Coldwell Banker Mountain Central you’ll receive valuable insights and ensure you’re informed every step of the way. From strategic negotiations to revealing critical property details, we put your interests first.

Buyers’ Services

Every property is as unique as the buyer. We provide resources for buyers searching in the Calgary real estate market, including insights into local neighbourhoods and the home buying process itself.

Buy Your Dream Home

Our real estate agents know the city because we live and work here. As locals, we understand the intricacies and characteristics of our city’s unique housing market.

  • Information icon


    Receive up-to-date information on the Calgary real estate market, recent property listings and new neighbourhoods

  • Representation icon


    Work with an agent who represents your best interests and works to find a property that meets all your criteria.

  • Negotiation icon


    Get a Master Negotiator on your team to ensure you’re receiving the best price and contract details.

Home Buyers’ Resources FAQ

Buying a home is one of the most important investments you’ll ever make. Our Buyers’ Resources are designed to keep you informed about home buying and the Calgary real estate market. For more information, browse our complete resources or contact us today for help with all your real estate needs.

How do I buy my first home?

Step one is getting pre-approved for a mortgage. When you get pre-approved, you know exactly what you can afford. That knowledge informs all the other choices you make, from neighbourhood to home style.

How long does it take to buy a house?

Depending on market conditions as well as the neighbourhood you select, buying a house can take several months. Our community pages have market statistics on homes for sale in that area, including how long they generally stay on the market.

What’s the minimum down payment I need for a house?

You’ll need 5% for homes under $500,000. For more expensive homes, budget 5% for the first $500,000 home value and another 10% for the remaining amount. For homes priced at a million dollars or more, the down payment minimum is 20%.

Can you show me properties in a specific development?

We have up-to-date MLS® listings of Calgary homes, including new developments, condos, and townhouses. Contact us and let us know the development you’re interested in. We’d be happy to look into available properties for you.

How many neighbourhoods are there in Calgary?

At the most recent count, there are over 200 distinct neighbourhoods in Calgary and the surrounding area! This means you’ll have plenty of options to choose from as you determine where to find your new home.

How do I decide what neighbourhood to buy in?

We’ve developed comprehensive guides to Calgary’s communities that can help you narrow down your search. When you first meet with your Calgary real estate agent, you can discuss the life you envision for yourself and the property type that you think will suit your needs. From there, our Agents can make a neighbourhood recommendation.

What is the best neighbourhood to live in?

Every neighbourhood has its own character, charm, and amenities. The best neighbourhood for you depends on your lifestyle and the type of property you’re looking to own. According to a recent evaluation by Avenue Magazine, the current top-rated neighbourhoods in Calgary are Brentwood, Huntington Hills, and Bowness.

Do I need a home inspection when buying a condo?

You’re not required to obtain a home inspection by law, but in practice it’s a good idea. A home inspection can alert you to problems within the condo before you commit to buying. If you’re buying a brand-new condo, you will instead receive a PDI (pre-delivery inspection) which you can supplement with your own private inspection if you choose.

What does it mean to offer a “pre-construction sale”?

Pre-construction sales are condos sold before construction is complete. Sale of existing condos is usually referred to as condo resale. You’ll want a real estate agent with experience in pre-construction sales when buying a new condo, as there are many complexities and differences compared to resales.

When I buy a pre-construction condo, what is my mortgage rate?

In general, pre-approval mortgage rates have a limited window in which they can be claimed. Your pre-approval rate will likely be held for 30-120 days. If your condo construction will extend beyond that window, you will have to determine your new mortgage rate. An experienced pre-construction Agent can explain the options to you.

What’s the difference between a townhouse and a condo?

A townhouse typically has a separate front and back entrance, multiple floors, and one or more communal walls. A townhouse can be a nice balance between the space and indepence of home living and the communal ownership and community spirit of condo living.

Do townhouses have an owner’s association?

Most townhome complexes have a board or owner’s association to handle groundskeeping, communal area maintenance, hiring of contractors, etc. As a townhouse owner, you’re generally responsible only for the interior of your unit, not the outdoor properties.

Will I have to pay fees if I purchase a townhouse?

In general, you will have to pay fees to your townhouse association. These fees cover general maintenance, repairs, landscaping, service costs, and other expenses that are shared throughout the community. Your Calgary real estate agent can help you understand the costs and fees associated with a townhouse purchase.

Searching for Calgary real estate? Our team is committed to providing you with the highest quality of customer service, whether you’re a first-time home buyer or an investor looking for properties with secondary suites. Contact us at 403-870-8704 for expert advice from local Agents. Your dream house at the right price awaits you in Calgary.

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