Monday 27 August 2018

Where do I go for rental questions and forms?

When you become a landlord you will need contracts and notices. You can go to your local landlord and tenant advisory board and you can pick up brochures on the rules and regulations in your area. He’s a great thing to have and give your tenets a copy of as well. That way if there’s ever any disagreement on things you can refer them to the information provided in the pamphlet. Also there is a great website that we often use it’s cold law depot. You can go on and the first time you use it is free. It has all the contracts he will ever need and you can personalize them to your specifications. It is a very user friendly and The lease contract will look very professional and it can spell out everything that you need to make note of. For example if you want to add in that there’s a $25 a month pet fee you can type that in. If you want there to be a $30 in our fee for mowing the lawn if they don’t look after it you can write that in. If there’s a $25 a day late fee you can type that in as well.professional looking contract site

https://www.lawdepot.com/ (I use this site to create all of my rental forms)
http://www.servicealberta.gov.ab.ca/pdf/tipsheets/Information_for_tenants.pdf 


Sell the shovel!

People tend to be afraid of buying a condo because of the monthly condo fees so I did a little survey and asked people what they spent on maintenance, utilities, etc. on their own houses.
SURVEY SAYS...It’s cheaper to live in a condo!

There are a lot of savings because you basically have a whole bunch of people helping you care for your house.
Typically condo fees cover:
*Insurance (except you pay contents insurance)
*Utilities (sometimes you pay your own electricity)
*Garbage/Recycling
*Snow removal
*Lawn Care
*Maintenance and Repair of the condo building. A little bit every month (maybe $100 or $110 of your condo fees) goes towards a big fund that replaces everything in your building. The nice thing too is that if you need a new roof you don’t have to fork over 5-10 thousand dollars to pay for it. The condominium Corporation has already factored that in and they pay for it.

All of these things you would have to pay for anyway if you lived in your own home and the amount could be much less predictable than knowing what your condo fees will be each month.

SOOO don’t be afraid of condo fees. If you look at the overall picture it’s actually a lot less expensive to live in a condo and have it maintained well as opposed to owning your own home. Just make sure when you buy a condo that the reserve fund is in good shape. That it’s fully funded, and that the property is in good repair. Other than that you should be good to own a condo. AND you don’t have to shovel your snow, mow your grass, weed your lawn, or paint your house.
#DontLetCondoFeesScareYou
#CommunalLivingSavesMoney
#NoMoreSnowToShovel
#SellTheLawnMower
#TeamKander

If Bitcoin got you started; let Real Estate take you home!

If Bitcoin got you started; let Real Estate take you home!

OK...you have made a bundle with bitcoin; now what?
You could take the money you have made and use it for a down payment on a house. Let’s say you are now leveraging a $200,000 house with $5000 down payment. If the property goes up in value even 10 percent you have made four times your initial investment!
You could also buy a suited property; rent out half and live for less.

You can live in a house but you can’t live in your bitcoin.
#Bitcoin
#TeamKanderInvesting
#ToTheMoon

Free siding, not half!

This fall I was showing a house and when I looked at the siding there were what looked like large bullet holes in the siding & dents on the soffits. So you can imagine what the shingles looked like. Turns out that a very short but intense hail storm had gone through the area that week. The homeowners were afraid to phone the insurance company because they thought that if they did then they would have to pay the $2000 deductible just to have the adjuster come and look. Please know that's not the case! If you have insurance come and look and you decide not to go through insurance you don't have to pay the deductible. At least that’s the way it has been with any insurance companies I have dealt with. PLUS even though it was only the front siding that was damaged they probably would have gotten an entire house with new siding because new stuff is obviously not going to match the 13-year-old siding that was on the rest of the house. Often times you will get new shingles, new siding, new soffits, new eavestrough's. Sometimes even new screen doors just depending on the amount of devastation this storm has wrought on your house. That is an awesome bonus for the price of your deductible and if it's your first claim the insurance should not go up so it's a win-win for everyone.

So as a buyer, when you're looking at homes; look for those type of things because you as the purchaser will end up with all of those things for free or maybe just sharing a bit of the cost. When you're looking at a house, look at the end of the downspouts that come out the eavestrough's and if you see tons of pieces of shingle that is a sign that there may have been a storm and more investigation is definitely needed.
#TeamKanderHelps
#ThatsWhyIGetAHomeInspection
#HailCanBeAGoodThing
#ThatsWhyWePayInsurance

Wednesday 22 August 2018

What is an Infill Home?


 


What is an Infill Home? 
It is a brand new home built in an existing, older neighborhood. Infill homes are often built on lots that had an older house on them. Sometimes the combined value of the lot and location is too great to just have a small, older home on it. This situation is common in established areas where there is high value in the lot, but not much value in the existing house itself. Therefore, one great strategy is to buy a premium lot in a fantastic location, tear down the old house and build a new one rather than buying an average lot in a new neighborhood for the same price. 
This Parkvale home is exactly that type of property. The location is premium and the cost of the lot is much less than a similar newer lot in a brand new subdivision. It’s what every buyer dreams of...a brand new house, in a rare location on a park, at a phenomenal price!  http://bit.ly/InfillLotForSaleRedDeer
#TeamKander
#InfillHouses
#ParkLocation

Monday 20 August 2018

Divorce, don't give away your equity!

Unfortunately in my job we see a lot of situations of divorce or separation. I normally sit down and discuss the option of one of the parties buying out the other person. That way they save the real estate fees and they don't have to pay extra lawyers fees, payout penalties etc. This makes the division of assets much simpler and more affordable for the person buying it and the person selling it will get their money much sooner. Deciding about the home or waiting for it to sell adds stress to an already difficult situation as often both parties are living in the house and they don't wish to be there but they feel stuck because their equity and buying power is tied up in the home. This solution can save a lot of stress, time, and money. So if you know anybody in that situation we would be happy to sit down with them and explain the process and the benefits and introduce them to mortgage brokers that understand and can get this done quickly.
#TeamKanderCares
#DivorceDoesntHaveToBeMessy
#SaveYourselfSomeMoney
#EasiestSolutionLessStress

Most money, quickest sale, fewest problems possible

When you are choosing a realtor, you need to consider the whole picture; the process AND the end result.
At TeamKander, we sell 95% of all our listings. They sell for the most money, quickest sale, and with the fewest problems possible.
It’s like choosing a doctor...lets say a heart specialist. Maybe his price is a lot less than other options but the process of recovery is brutal and only 30% of his patients survive.
I think I would go down the street and find a doctor with a higher success rate and better results even if I had to pay more.

#TeamKanderAdvantage
#HireTheBest
#WeWantYouToSurvive
#YouGetWhatYouPayFor
#YouAreWorthIt