Buying a New Home
March 14, 2024
Do I Need A Home Inspection On A New Build?

When you’re investing in a new home, it’s natural to feel excited and perhaps a bit overwhelmed. You might believe that since everything is brand new, there’s no need for a home inspection. After all, what could possibly go wrong with a brand-new house? The answer is usually nothing, but it’s always a good idea to be prepared.

An inspection is a crucial step in the home-buying process, whether the property is old or new. It gives you an unbiased view of the condition of the house and can uncover potential issues that might not be visible to the untrained eye.

In this article, we’ll talk about the reasons why you might consider a home inspection for your new build, understand its importance, and look at the role it plays under Canadian law. We’ll also guide you on how to choose a qualified and professional home inspector and what steps to take if any problems are discovered.

So, before you finalize your purchase, let’s explore why a home inspection is something you may consider in your new home journey. Read More

Buying a New Home Financing
March 11, 2024
How Do Mortgage Rates in Canada Affect Your Home Purchase in Edmonton?

Buying a home is one of the most significant financial decisions you’ll ever make. This decision becomes even more critical when you factor in the complexities of the Canadian mortgage market and its influence on your home purchasing power. One key element that potential homeowners need to understand is the concept of ‘mortgage rates.’ But what are they? And how do they affect your ability to purchase a home in Edmonton, one of Canada’s vibrant cities?

Mortgage rates are essentially the interest rate you pay on the money you borrow from a lender to buy your home. These mortgage interest rates can significantly impact the total cost of your home over time and your monthly payments. Knowing how these rates work and their current status in your local market can be a game-changer when shopping for your dream home.

In this article, we’ll dive deep into the world of mortgage rates in Canada, their impact on your home purchasing power, and specifically how they play out in the Edmonton housing market. Whether you’re a first-time buyer or looking to invest in another property, understanding these rates will equip you with the knowledge to navigate the home-buying process more confidently. So let’s get started! Read More

Buying a New Home Financing First Time Home Buyers
February 28, 2024
How To Get A Mortgage With Low Income In Canada

Navigating the real estate market and securing a mortgage on a low-income in Canada can seem daunting. This article aims to demystify the process of acquiring a mortgage for those with limited financial resources and guide you through the necessary steps to enhance your eligibility.

However, with the right strategies and understanding of your available options, homeownership can be within reach. From government programs to various financial planning tips, we’ll explore how to get a mortgage with low income in Canada and turn your dreams of owning a home into reality. Read More

Buying a New Home
February 22, 2024
Draw vs. Completion Mortgages: What’s the Difference?

When embarking on the exciting journey of building your dream home, understanding your financing options is critical. In Canada, you’ll likely encounter two main types of mortgages for a new home build: draw and completion. These are different from traditional mortgages and the one you choose will be largely based on your financial situation. 

In short, a draw mortgage provides funds in stages as construction progresses, offering flexibility and ensuring home builders meet certain milestones. On the other hand, a completion mortgage sidesteps the incremental inspections, providing the total loan amount upon project completion, which could mean less red tape for you.

This article will cover all of the important details of a draw vs. completion mortgage, helping you make an informed decision that aligns with your financial landscape and personal peace of mind – so you can focus on the joy of watching your personal haven come to life! Read More

Buying a New Home First Time Home Buyers New to Canada
December 28, 2023
Edmonton vs. Winnipeg: Where Should I Choose To Live?

Are you trying to decide between Edmonton and Winnipeg for your new home in Canada? Not sure which city has the lifestyle, cultural attractions, and economic future that’s right for you? Look no further! This article will give a comprehensive comparison of each city’s offerings to help you make the best choice. Get ready to learn about local culture, entertainment options, job opportunities, housing prices, and more. It’s time to compare Edmonton vs. Winnipeg and discover where you should call home. Read More

Buying a New Home Investing 
December 21, 2023
The Top Home Models For Real Estate Investors

When it comes to real estate investment, Canada is seeing an increasing number of people who are opting to invest in brand-new homes to attract tenants. In addition to being desirable to renters, new construction homes offer cost savings as they require fewer repairs and are automatically covered by the Alberta New Home Warranty. Here, we present the top home models for real estate investors. Read More

December 20, 2023
Sterling Homes’ Superior Window Solution: Redefining Comfort and Efficiency

At Sterling Homes, our commitment to excellence is unwavering. We understand the significance of balancing efficiency and affordability in crafting homes that not only stand the test of time but also provide unparalleled comfort. Within our pursuit of quality, our window solutions take center stage, offering a standard that transcends… Read More

Buying a New Home
December 14, 2023
Who Are the Best Home Builders in Edmonton (and 9 Tips for Comparing Them)

Are you looking for the best home builders in Edmonton? You’ve come to the right place! Edmonton’s home-building industry is home to some of the best home builders in the country, and we’re here to help you find the perfect one for your needs.

Whether you’re looking for a custom home builder, a top ten home builder in Edmonton, or just a list of house builders, we’ve got you covered. We’ll provide you with a list of the best home builders Edmonton has to offer, as well as some tips for comparing them. With our help, you’ll be able to find the best builder in Edmonton for your project. Read More

Buying a New Home First Time Home Buyers
December 7, 2023
New Edmonton Zoning Bylaws for January 2024

The City of Edmonton is introducing new zoning bylaws for January 2024. These bylaws will help to ensure that Edmonton’s land use is managed in a way that’s consistent with the city’s vision for the future. The new zoning bylaw changes will provide clarity and guidance for developers, businesses, and residents alike.

This will help to ensure that everyone is aware of the zoning regulations in their area and can make informed decisions about their land use. But what exactly are these new zoning bylaw changes? Read on to find out! Read More

Buying a New Home Homeowner Tips
November 23, 2023
What Are The Different Types of Property Ownership in Alberta?

In Alberta’s real estate landscape, navigating property ownership can often seem like a daunting task. Nevertheless, understanding the nuances of property ownership is crucial to making informed decisions. This article aims to demystify this process by introducing the three primary types of property ownership prevalent in Alberta: Sole Ownership, Joint Tenancy, and Tenancy in Common. 

Each of these ownership types comes with its unique set of regulations, benefits, and downsides. Read on to gain a comprehensive understanding of these property ownership types to aid in your property acquisition journey. Read More

Financing Investing 
November 16, 2023
Tips for Buying and Owning Multiple Real Estate Investment Properties

Buying and owning multiple real estate investment properties can be a great way to generate rental income and build wealth. Whether you’re looking to purchase multiple properties in Edmonton or elsewhere, there are a few key things to consider before taking the plunge. 

First, you’ll need to decide whether you’ll be using your primary residence as an investment property or if you’ll be buying a new rental property. You’ll also need to consider the down payment, mortgage fees, and cash flow associated with owning multiple properties. 

Additionally, you’ll need to research mortgage loans and other financing options to determine the best way to fund your investment properties. Finally, you’ll need to keep an eye on real estate prices in the area to ensure you’re making a sound investment. 

With the right research and preparation, learning how to buy multiple properties in Canada can be a great way to generate extra income and build wealth. Read More

Buying a New Home
November 9, 2023
Affordable Housing Grants in Edmonton

As Canada’s fifth largest city, Edmonton holds a myriad of opportunities for its residents. However, with the escalating rise of the housing market, affordable homes are becoming harder to find. For many residents, the dream of owning a home or adding an income suite seems to slip further away. But there’s hope for homeowners in Edmonton in the form of housing grants. 

In this article, we’ll explore various initiatives that the city of Edmonton offers, intended to aid both potential homeowners in building or adding an income suite to their homes, and those individuals seeking affordable housing solutions. Stick with us as we delve into the details of these grants, making the dream of home ownership in Edmonton a reality. Read More