This weeks question pertains to the deposit on an offer to purchase.
I get the deposit if the buyer doesn't buy my house right? (asked from a seller)
A common question this is on what happens to the deposit and why we would ask and hold one. The deposit is part of the offer to purchase and would only be forfeited to the seller if the buyer removed conditions and failed to close on the ...
Posted by Patrick Galesloot
on April 30, 2012
What do I have to disclose to a buyer?
Great question, and quite a common one. In real estate transactions it is often the best course of action to always disclose when it comes to defects in the property or troubles from days gone by. The last thing you would want is for the basement to be wet come spring time and the new owner learns from the neighbor that "oh ya they had water there ...
Posted by Patrick Galesloot
on April 19, 2012
What is an RPR and why do I need one?
An RPR first off is an abbreviation for "Real Property Report". Previously it may have been referred to as an Alberta Land Survey or Property Survey. The RPR shows the corners and dimensions of your lot as well as where your home sits on that lot in relation to the boundaries and the improvements that are also present (detached garage, deck, and fence). ...
Posted by Patrick Galesloot
on April 12, 2012
Finding a home by the Internet keeps getting better and better but it just isn't the same as walking through the house now is it?
When you find the right house, it's a feeling you get that tells you "ya this is the one". Getting a helping hand with a real estate agent makes this part more convenient for you. We can assist you with only showing you properties that fit your needs and budget ...
Posted by Patrick Galesloot
on April 10, 2012