Geoff Antrum &    Matt Antrum Welcome to Search Calgary Homes

Calgary Move-Up Buyers! Why it May be a Good Time to Buy and Sell in Calgary in 2016

Sat, 03 Oct by Geoff Antrum & Matt Antrum (Father & Son Team)

CIR_newLogo_final As media outlets are currently busy focusing on Canada’s downturned market, technical recession, and the hit to our economy  due to low oil prices, many Calgarians are receiving the message that “the sky is falling”. However, while we all need  to  sympathize with Albertans who are having difficult times, families also need to look at their own situation and if you need to  “Move-Up” due to an expanding family then you should not be in a “hold mode” due to the negative news.

In reality, this is a very good time to move up in the Calgary housing market. For example, let’s take a young couple living in a townhouse or starter home that want to expand into the larger family home market. The townhouse may not have moved up in price over the past 12 months, however the family home you plan to buy has not moved in price, either. The “price differential” has not change from this time last year, i.e. the family home price minus the townhouse price is essentially the same. Even if home prices have dropped 2% or 3 % in past 12 months, the “price differential” is steady.

The other good news is mortgage rates have come down over the past 12 months. Right now Buyers have the best opportunity for very low mortgage rates. For example, a five year fixed rate has dropped down to 2.50% (today’s rate) from approx. 3.00% (12 months ago). These low mortgage rates can translate into large savings on your overall monthly payments. Are you curious just how much you may save? Please contact us for your pre-approval needs.

Obviously, as a seller you have to be realistic when you list your home and price is key to selling, as this also applies to the home you will be buying.

REALTOR© Tip for Calgary Move Up Buyers: It is optimal to have your home listed with a firm Offer in place before you buy your next home. This reduces stress and allows you to be in financial control. Speak to your REALTOR© about planning the sale of your home and purchase. The timing & planning of your “Move Up” is essential.

Wanted: Full Time REALTOR® to Join Our Team

Wed, 26 Mar by Geoff Antrum & Matt Antrum (Father & Son Team)
Wanted: Full Time REALTOR® to Join Our Team
Are you looking for Buyer/Seller leads? We are looking for a Licensed REALTOR® (less than 5 years) to join our team of three REALTORS®. We need a  REALTOR® that is full time in residential real estate. Must be motivated and have the ability to close 3 or more deals per month, and work all over Calgary and area. 2014 could be your year to expand and improve your business. Ideally we are looking for a  based in south Calgary.
Check us out at http://www.searchcalgaryhomes.ca  and http://www.AntrumRealEstate.com
Please contact Geoff Antrum, REALTOR® at CIR REALTY.
403 608 5682
The trademarks REALTOR®, REALTORS®, MLS®,  are controlled by The Canadian Real Estate Association (CREA). Used under license.

Calgary Home Buyers: Conditions have been removed what is next?

Sat, 11 Jan by Geoff Antrum & Matt Antrum (Father & Son Team)

Conditions Have Been Removed! Congratulations. What is Next for Buyer?

Once Conditions have been removed the purchase is a firm sale and the property is sold.

Please make sure you stay in contact with the three most important professionals to assist you through your next phase to Possession day:

REALTOR®: will ensure the document conveyancing is done and the two lawyers involved are informed. Your REALTOR®  will complete the Walk Through, usually day before the Possession day with the Buyer to ensure the property is in a similar condition as the Showing Day.  REALTOR® will also hand over the keys to the Buyer on Possession Day. Your REALTOR®  will ensure a smooth purchase and ensure any details with lawyers, mortgage agent, and seller are completed.

Lawyer: will complete necessary documents for Land Title transfer, Title Insurance if required, RPR compliance, mortgage document signing, etc. The Buyers will meet your lawyer to sign all documents the week before possession.

Mortgage Agent: will assist you with the mortgage documents and ensure you have house insurance in place. Payment schedule will be set up with frequency of payments, etc. Life insurance will usually be discussed. The Buyer usually has the option to choose their life insurance company.

Other activities to be completed by Buyer are:

House Insurance: this is mandatory especially if you have a mortgage. Shop around for best rates. It’s often a good idea to check out the Insurance Broker/Company where you have car insurance. They may give you discount for house insurance if you have car insurance at same place.

Moving Contractor: make sure you plan ahead and book a Contractor.
Important: don’t book Contractor for the Possession day in the morning. You don’t get the keys until approx. 1 pm.

Life Insurance: is not mandatory but needs thinking about if you have a family to support. Can be purchased through Mortgage Lender you have chosen, or you can go to an independent life insurance Broker.

Utility companies need to be notified that you are moving in on possession day.
Such as gas, electricity, water, telephone, internet. Don’t forget to cancel your utilities at your present residence.

Property Taxes: speak to City of Calgary (if you are in the city) or municipality and set up
your tax payments. Can be done on a monthly basis with TIPP program in Calgary.

The trademarks REALTOR®, REALTORS®, MLS®,  are controlled by The Canadian Real Estate Association (CREA). Used under license.