Yes, Local house sellers are still getting cash for houses in Calgary, Airdrie, Cochrane, Okotoks, Chestermere Alberta even in this current real estate market. Years back, selling Calgary, AB house for cash was quite easy and fun. All you had to do was hang a “For Sale” tag on your front yard and wait for potential buyers to call you… and sometimes you’d get 5 above asking price offers before dinner time. However, in today’s tough economy, coupled with an unstable (but stabil

When you can’t pay your mortgage and you owe more than your home is worth, a short sale may be the best way to sell your home. You may not want to lose your home, and the bank may not want to lose the additional money through foreclosure. If you have the time, the short sale process puts you in a position to recover your life. How do you do a short sale The short sale process has a number of steps you must follow precisely. Since the process is time consuming, you must be pre

If you are you are having financial problems that lead to foreclosure or short sale, your credit report will tell the story long after you have moved on. What is the impact? Is there a difference in the impact of foreclosure vs. a short sale when you sell your home? Recently, Equifax Canada, the company that produces the credit score used by many lenders to evaluate credit worthiness, offered some surprising answers to these questions – and added some new insights as well. Ba

What do I do if I’m forced into selling my home but I want to avoid foreclosure? Can foreclosure even be avoided when experiencing financial troubles? Surprisingly, the answer is usually, “Yes you can avoid the legal process which strips you of your home!” Whether the end result is that you can or should stay in the home is another question. After attempting the steps to avoid foreclosure, you will be in a better position to make that call. What are the steps to prevent forec

Two words can bring a home seller to his knees: “Buyer’ s Market.” This means that there is an abundance of homes on the market, where prices are falling or stabilizing after a fall, and where homes linger on the market for a while. When you sell a home in a buyer’s market, the buyer has the advantage. Plan a strategy to make your home the one that stands out. Buyers should not expect to buy a million dollar house for $10,000, but they know they have the chance to get a lot o

Do you speak “real estate”? When you sell a home, you need to be familiar with the language. Some common words already in your vocabulary have a special meaning in real estate transactions. Though there is a dictionary full of words to consider, let’s think about a few that might be of concern to you when you go to sell a home, depending upon the situation. Mortgage The legal documents that oblige you to pay for the property over a certain length of time constitute your mortg

Did you inherit a home that you’re now thinking about selling? While an inherited property can be a wonderful gift from a loved one who has passed on, it can also be a costly burden. Often selling it makes sense and allows you to use the gifted equity for some other purpose. But you may not find it so easy to sell an inherited property, especially if it needs a lot of work. Here are some tips, along with a few stories about other home sellers who have been in your shoes. How