Geoff Antrum &    Matt Antrum Welcome to Search Calgary Homes

Ten Key Opportunities (Tips) To Selling Your Calgary Home

Fri, 09 Mar by Geoff Antrum & Matt Antrum (Father & Son Team)

Ten Key Opportunities (Tips) To Selling Your Home Quickly!

1) Price Your Home Right! Your home must be priced at market value for Calgary, your community and street. This is the most important tip of all. If you don’t do this your home will sit on the market and become an old listing, buyers will become suspicious and think there is something wrong with the property. Your Realtor has the responsibility to prepare you a detailed Comparative Market Analysis (CMA) of your home, so you know the market value range of your home. The List Price has to be accounted for when doing the CMA.

2) Choose a Listing REALTOR that will get the job done & energize you the Seller to complete these key Tips. I understand that it is not always possible to do every tip. For example if you have tenants it can be a challenge to sell your property. You may want to wait until tenants have moved out! Or market the property to Investors/Landlords that want to buy a property with a paying tenant!

3) Property Presentation is a Must. The properties that sell quickly are staged, de-cluttered, and cleaned ready for selling. Inside and out!

4) Online Marketing Works. Your Realtor must have an online presence and know how to do online marketing to attract buyers. Google, social media, Kijiji, websites, Facebook, and many more online tools.

5) Professional Photographs. How do you get buyers to come to your property? Make sure the photographs have been done professionally and are shown on as many websites as possible. The property need exposure.

6) Property Repairs. The seller should not put off repairs & maintenance jobs that need to be done for selling. Such as ceiling stains, loose door handles, painting where required. Renovations may be necessary. But be careful, are you going to get your money back? Discuss with your Realtor any expensive renovations to determine if it makes financial sense.

7) Negotiating with Buyers. When an Offer comes in ensure you look at all offers and you are reasonable and negotiate in “good faith”.  Be sensible when Home inspection comes back with issues that the seller should have sorted out. Price reduction may be necessary to close the deal if there are repair issues, such as roof repairs!

8) Seller must allow showings! Sellers need to allow their REALTOR to make appointments and not continually turn away buyers. This can be stressful for sellers but if the house is not shown to buyers it will not sell.

9) Remove Pets & People. Pets should be removed for all showings. Buyers are put off property very quickly when pets are in the house. Seller ideally should not be at home.

10) No bad smells! Here are the worst sort of smells that put off buyers: cigarette smell, pet urine smell, spicy food smells, smelly/moldy carpets and smelly basements.

Finally, Listen to Your REALTOR. Selling your property can be stressful. However if you follow these tips and listen to your Realtor then the job of selling you home can be done in an efficient way and you can move onto your next home. The selling process does need the Seller and the Listing Realtor to work together as a “Team” so things are not forgotten and Selling Your Home is achieved.

Thinking of selling your Calgary Home or Condo please check out these links:

We are here to help you Sell Your Calgary Home with less stress!
Geoff Antrum (403 608 5682) Matt Antrum (403 608 5684) at CIR REALTY.

Moving to Calgary in Alberta Canada in 2018

Sat, 24 Feb by Geoff Antrum & Matt Antrum (Father & Son Team)

Are you planning to move to Calgary in Alberta Canada?
Please check out this video and also Calgary Homes for Sale

What is My Calgary Home Worth?

Tue, 30 Jan by Geoff Antrum & Matt Antrum (Father & Son Team)

Planning to Sell Your Calgary Home?

What are the Top Two Question Sellers want to know before Selling their home?

1) What is My House or Condo Worth right now? We can give you the market valuation for your home.
Let you know the locak market conditions and how we can market your home.

2) What do I have to do to get my home ready to sell? We have the answer and will list key features of your home that will maximise the dollar value of your home. Its not always about major renovations, but can be more about presentation and staging.

Discount & Savings: We can keep the costs under control for Sellers. Here are two ways to save: Buy Your Next Home with Us & Receive Discount to Sell Your Present Home! Savings: If we list your home and bring a buyer we can save you money. We can explain at the Home Evaluation.

Detached sales activity boosts February housing market Feb. 2017

Thu, 02 Mar by Geoff Antrum & Matt Antrum (Father & Son Team)

DetachCIR_newLogo_finaled sales activity boosts February housing market Feb. 2017

Calgary Housing Market Report , March 1, 2017 – After the first two months of the year, Calgary’s detached sector continues to drive a slow transition in the housing market. February sales totaled 1,342 units, which is still 19 per cent below long-term averages, but an improvement over the past two years. As sales kept trending upward, detached inventory levels continued to ease in February. These conditions caused months of supply to fall to 2.4 months, putting less downward pressure on pricing. Unadjusted detached benchmark prices totaled $501,900 in February, which is one per cent lower than prices recorded last year, but slightly higher than January figures. “There seems to be a new sense of optimism these days,” said CREB® president David P. Brown. “Some sellers are feeling upbeat about the changing landscape and the improved chances of selling their home. Other people are looking at the spring market with caution and wondering if we’re going to see a higher than expected surge of listings. While there’s less product on the market right now, sellers still need to be realistic with their pricing.” The amount of excess inventory eased in the overall market in February, setting the stage for a transition to a more stable market this year. Months of supply totaled 3.4 months, down from five months over last February. At the same time, the sales-to-new-listings ratio trended from a near record February low of 39 per cent last year to 55 per cent this February. With sales improving and new listings and inventories contracting—two key measures of market balance, there’s good evidence to show that the housing market has started a trend toward more balanced conditions. “The transition in the housing market appears to be underway,” said CREB® chief economist Ann-Marie Lure. “However, it is important to note that this change is primarily being driven by improvements in the detached market and stability in the labour market.” “It will take some time for these conditions to translate into all housing segments and achieve price recovery,” said Lurie. “But all indicators continue to point toward a slow transition from a contracting market toward one that is stabilizing at lower levels.”

Calgary Housing Forecast: A slow transition for 2017

Thu, 12 Jan by Geoff Antrum & Matt Antrum (Father & Son Team)

Calgary Housing Forecast: A slow transition for 2017

After calgary_skyline_bow2_0 updatea long period of economic downturn, Calgary’s housing market is expected to see some price stability in 2017, but not across all market segments and property types. Both detached and attached prices remain unchanged over 2016 levels, while apartment is forecasted to contract by another two per cent.

“The transition in the housing market will be a slow process,” said CREB®chief economist Ann-Marie Lurie. “We are entering the year with high unemployment rates and the possibility that job growth will not occur until the latter portion of 2017. These conditions will continue to weigh on housing demand, but supply is adjusting to weaker sales activity, which will eventually translate into price stability.”

City-wide sales are forecasted to total 18,335 units in 2017, a three per cent gain over 2016, but 12 per cent below long-term averages. This modest demand change will merge with declining listings and easing inventory in the new home market to support more balanced conditions and prevent further downward pressure on prices.

“This year is about moving away from extremely challenging conditions,” said 2017 CREB® president David P. Brown. “The transition is going to take some time, which means sellers need to stick with the fundamentals of pricing their homes correctly against other comparable product in the market. There’s still lots of choice out there for buyers, but major price declines are unlikely in most segments.”

What Are The New Canadian Mortgage Rules?

Wed, 02 Nov by Geoff Antrum & Matt Antrum (Father & Son Team)

What Are The New Mortgage Rules?  As of 17th October 2016.

  1. The government will restrict insurance on mortgages to loans on owner-occupied dwellings with amortization periods less than or equal to 25 years, purchase prices (not loan amounts) of less than $1 million, and for borrowers who meet a minimum credit score standard of 600.
  2. All insured mortgages in Canada (i.e. any mortgage where the borrower puts less than 20% down OR portfolio insured mortgages – i.e bulk insured loans with MORE than 20% down) will be underwritten using posted rates to qualify borrowers based on their income. For perspective, based on today’s rates, that means a borrower that could qualify for a mortgage at a 5-year fixed rate of 2.29% now will have to qualify – as of the 17th of October – at the qualifying rate of 4.64%.
  3. Foreign buyers will need to prove that a home they sell is their primary residence to avoid capital gains tax exemption abuse.

For example, if you have an annual household income of $60,000 and all other variables remain the same, the difference between the old rules and the new rules are a $338,000 home vs. a $272,000 home. Your purchasing power just went down by $66,000.

Another example, a home buyer currently qualified to purchase with 10% down for a mortgage of $527,000. After October 17th, this home buyer would qualify for a $420,000 mortgage. This equates to a 20% drop in buying power. (All things being equal in terms of property taxes, income, debts, etc).

Useful Tip: If you’re a homebuyer and you have a pre-approval, then talk to your mortgage broker because the numbers you qualify for probably just changed. It maybe more difficult for Sellers to find a quailifed Buyer, and it may affect property prices in Alberta, we will have to wait and see.

Some of this information was provided by First Foundation, please check out this link for more information.

Calgary Neighborhoods and the Best Rocky Mountain Views

Sun, 10 Jul by Geoff Antrum & Matt Antrum (Father & Son Team)

Calgary Neighborhoods and the Best Rocky Mountain Views
f1a87ec6-29d4-4b5a-b5d5-950116af7072Have you ever wondered which neighborhoods in Calgary have the best Rocky Mountain views?  And, how much additional that view may cost you?

Why is having the Rocky Mountain View important?  Having a spectacular view of the Rocky Mountains out your window not only increases the value of your property, it can bring a feeling of peace, serve as a reminder of the great outdoors and also be very pleasing to the eye.

Will the view in each neighborhood be made equal?  No.  Calgary being part of the rolling foothills has many communities built on hillsides giving the opportunity for some homes within a community to have impressive mountain views, while offering other residents perched lower on a hill to have walking pathways to view the mountains if they venture out for a stroll.  Neighborhoods on the north sides of Calgary such as Tuscany, Rocky Ridge, Royal Oak, Arbour Lake, Edgemont, Hawkwood, Scenic Acres and Silver Springs will all have a certain amount of homes with splendid views.   Neighborhoods along the west side of Calgary such as Valley Ridge, Cougar Ridge, West Springs, Aspen Woods and SpringBank Hill will also have many homes offering sprawling Rocky Mountain views.

Houses in these luxury neighborhoods in and around Calgary are almost all guaranteed a panoramic Rocky Mountain view:  Watermark, Bearspaw, SpringBank, and Elbow Valley – as these executive type homes are usually designed with the Rocky Mountain view in mind.

In downtown Calgary, you have a great chance of finding a Rocky Mountain view if you are on the west side of a condo building and at least 20 floors up.

Certain neighborhoods in Calgary are known for having a double whammy – Rocky Mountain views as well as a Calgary Downtown city skyline. Just north of the downtown core, and centrally located you’ll find: Crescent Heights, Briar Hills, St. Andrew Heights and Rosedale with houses perched on the ridge and containing homes with gorgeous Calgary city skyline views with the Rocky Mountains behind it almost covering the entire horizon, a photographers dream.  More unique is Edgemont, in NW Calgary, where the Rocky Mountain sights are off to the right while the City Skyline view is to the left.

Also, for a sweeping, uninterrupted Rocky Mountain View you can expect the price tag of a house to go up from 100K$ – 200K$ to a comparable house with no mountain view.  This number can vary greatly depending on community.  Contact your Realtor for more price specific information!

Living in Calgary and don’t have a Rocky Mountain view at home?  Try going for a stroll or bike ride along the Glenmore Reservoir, or drive out to walk through Glenbow Ranch Provincial Park, in these areas and you are sure to have a beautiful back drop of spectacular, rolling mountain peaks!


Mortgage Approval Pitfalls

Thu, 23 Jun by Geoff Antrum & Matt Antrum (Father & Son Team)

Mortgage Approval Pitfalls.  We work with Jencor Mortgage (Brooke Bartlett) for new and existing Buyers for mortgage approval. We recommend that buyers read this article about mortgages and approval.  There is a big difference between  “pre-qualification” for a mortgage and a “pre-approval” for a mortgage.

Pre-approval is a lot more detailed process, and includes you taking the time to complete a full mortgage application, providing documentation and allowing your lender to pull a full credit rating (or three). While you are unlikely to have a property in mind at this stage, you should have a general idea of how much you will need to include in your loan. During the pre-approval process, you might even be able to lock in your interest rate. This pre-approval is considered a conditional commitment that allows you to search for a home below the approved loan amount. This can provide a huge advantage to a home buyer, as some loan companies consider your pre-approval as “cash in hand” that you can provide to a potential seller to show your interest in the property and your ability to pay. Having your financing arranged upfront can offer you a tremendous advantage if you get into a competitive bidding situation with another buyer, as you’re one step closer to a mortgage.


284 Hawkwood Dr Nw, Calgary For Sale

Wed, 13 Jan by Geoff Antrum & Matt Antrum (Father & Son Team)
Family Homes For Sale with Finished Walk Out.

Hawkwood Family Homes For Sale with Finished Walk Out, in NW Calgary.

Hawkwood Real Estate, Matt Antrum & Geoff Antrum – CIR Realty  Call at Cell 403 608 5684 for details.

This home has sold. Contact us for the sold price. Welcome to this standout 2 Storey, well maintained home with finished WALKOUT, offering 4 bedrooms, vaulted knockdown ceilings, high efficient furnace, newer roof, central air and new intercom system throughout. Main floor boasts open concept living room w/ traditional fireplace, formal dining with bay window, main floor home office, and main floor laundry. Upstairs you will find 3 good sized bedrooms including a private master bedroom w/ walk-in closet, and 5pc ensuite. Walkout basement has been developed with Rec room, 4th bedroom, full bathroom, and gas fireplace. A bright spacious layout, this home is perfect for the growing family to surround yourself with all the amenities a community needs. Only a short walk to Schools, playgrounds & bus stops. Easy access to the Crowfoot Shopping Center, LRT & the University of Calgary. Don’t miss your opportunity to own this beautiful home at a great value in the established community of Hawkwood.

New Alberta Government – How Does This Affect Alberta Home Buyers? Its Good News!

Wed, 06 May by Geoff Antrum & Matt Antrum (Father & Son Team)

One major tax that Jim Prentice was planning went under the RADAR for most Albertan’s.

It was part of the PC Budget and dramatic fee hikes coming to Alberta real estate market.

This was one major over reaction by Prentice and would of hit first time buyers very hard.

The tax will rise six times its current level. (What gave anyone the right to raise them by this amount!)

Here is what it will mean for a buyer who purchases a $500,000 new home this summer.

The average price for a standalone house in Calgary for Buyer who takes out a $400,000 mortgage.

Currently, Buyer pays $150 for New Land Title and $140 for Mortgage Registration. Total of $290.

Proposed PC (Prentice) Budget:

Buyer pays $675 for New Land Title and $555 for Mortgage Registration.  Total of $1,230.

This major tax increase was not called for!

Notley (NDP) makes buying a home more affordable by cancelling PC Mortgage Tax hike!

Rachel Notley’s NDP will make homes more affordable for Buyers and families by cancelling the PC plan
to increase Mortgage and Land Title Taxes by 600 percent!