FAQ
Got questions? Check out our FAQ for quick answers to common real estate queries.
DO I NEED A PRE-APPROVAL?
Getting pre-approved for a mortgage helps you understand your budget, shows sellers you’re a serious buyer, and streamlines the home-buying process.
DO I NEED A LAWYER?
Yes, a real estate lawyer is essential to ensure all legal aspects of your transaction are handled correctly, protecting your interests during closing.
MY OFFER WAS REJECTED
If your offer is rejected, you can negotiate, submit a counteroffer, or move on to explore other properties that meet your needs.
WHAT'S THE DOWN PAYMENT?
In Alberta, the minimum down payment is 5% of the purchase price for homes under $500,000, with higher rates required for more expensive properties.
DO I NEED A HOME INSPECTION?
A home inspection is a crucial step in the buying process, helping uncover potential issues and giving you confidence in your investment before finalizing the purchase.
WHAT'S MY PROPERTY WORTH?
The value of your property is determined by factors like location, condition, and recent comparable sales (comps). We can provide a detailed market analysis to give you an accurate estimate based on the latest comps in your area.
