LIZ AND RICHARD BERGERON

Re/Max Realty Professionals

LIZ AND RICHARD BERGERON

Re/Max Realty Professionals

FACTS YOU NEED TO KNOW BEFORE BUYING A CONDO IN CALGARY

As a Realtor working in the business for a number of years, I can assure you that the experience a Reatlor has gained in negotiating, overcoming obstacles in a deal and knowing the best way to market a property is invaluable to you. An experienced Realtor will be able to discuss with you the different issues that arise during each transaction and work to resolve any issues that may come into play. He/She will also have a number of trusted professionals that he/she can recommend to you to assist you throughout the sales process, thereby ensuring your peace of mind.

No. Your home is your greatest asset so, choose carefully. When deciding which Realtor you want to hire to sell your home, interview several, ask for testimonials and examine the quality and professionalism of the presentation and marketing plan they have prepared to sell your home. Then make your decision. Remember, you are the customer.

In almost all cases, the seller compensates the buyer’s representative, so you will not be responsible for paying as a buyer. There can be circumstances where the buyer compensates their Realtor fully or partially, however, this is rare. Ask your Realtor about this.

 Yes! Your Realtor can represent you in the purchase of a new property. These transactions can be slightly different from purchasing a resale property, so it is highly recommended to use a Realtor to help navigate the process and negotiate on your behalf.

For sure! Your Realtor can show you any properties listed on MLS.

Yes, almost all self-represented sellers will work with your Realtor. It is recommended a Realtor be used when buying a For-Sale by Owner property to protect everyone in the transaction.

There is no particular order that is required. It is strongly advised to have an understanding of your financing requirements prior to viewing homes, but you can speak with either a lender or your Realtor first. Depending on the situation, your Realtor may be able to provide you with some trusted lender recommendations.

These are both vital. Purchasing a home is a big deal and making sure your property is in good repair is crucial and can save you from costly repairs down the road. When buying a condo, it is very important to review the condo documents so that you have an understanding of the financial health of the complex.

These are the legal, financial, insurance, and other important documents that relate to a condominium. It is advised to make a purchase conditional on the review of these documents (just like a home inspection) to ensure you’re minimizing your risk of purchasing a condominium that is not well operated.