COVID-19 UPDATE: YES, we are still buying houses.
First-Time Home Buyer Calgary Your Comprehensive Guide

First-Time Home Buyer Calgary: Your Comprehensive Guide


Becoming a first-time home buyer in Calgary is an exciting and significant milestone in your life. It’s a decision that comes with both anticipation and responsibility. While the journey to homeownership can be thrilling, it can also be overwhelming, especially if you’re unfamiliar with the Calgary real estate market. This comprehensive guide is designed to assist you in making informed decisions, from assessing your financial readiness to navigating the legal intricacies of buying a home in Calgary.

Getting Started: Assessing Your Financial Readiness

Understanding Your Budget

Your first step on the path to homeownership is to establish a clear and realistic budget. Take a close look at your income, monthly expenses, and savings to determine how much you can comfortably allocate to your new home. This budget will serve as your guiding light throughout the home-buying process.

Saving for a Down Payment

In most cases, you’ll need to save for a down payment on your future Calgary home. Understand the various down payment options available and create a savings plan to meet your down payment goal. The more you can put down upfront, the lower your monthly mortgage payments will be.

Checking Your Credit Score

Your credit score plays a crucial role in securing a mortgage with favorable terms. Obtain a copy of your credit report and check your score. If your score is less than stellar, take steps to improve it by paying bills on time and reducing outstanding debts.

Exploring Calgary’s Real Estate Market

Researching Neighborhoods

Calgary boasts a diverse array of neighborhoods, each with its unique charm and character. Dive into the city’s different areas to find the one that aligns with your lifestyle, needs, and preferences. Consider factors like proximity to work, schools, and amenities.

Working with a Realtor

Enlisting the expertise of a qualified real estate agent can simplify your home search. Realtors have extensive knowledge of the local market, access to listings, and negotiation skills. Learn about the benefits of working with a realtor and how to choose the right one for your needs.

Home Buying Trends in Calgary

Stay informed about the latest trends in Calgary’s real estate market. Market conditions can vary, affecting factors such as pricing and competition. Staying up-to-date ensures you make well-informed decisions.

The Home Buying Process

Mortgage Pre-Approval

Before you start house hunting, it’s essential to get pre-approved for a mortgage. This step provides you with a clear understanding of your buying power and narrows down your search to homes within your budget.

House Hunting

Now comes the fun part—searching for your dream home. Utilize online listings and visit open houses to get a sense of what’s available. House hunting can be an exciting adventure, but it’s also important to stay focused on your budget and needs.

Making an Offer

Once you find the perfect home, it’s time to make an offer. Understand the negotiation process and what elements to include in your offer. Be prepared for counteroffers and negotiations with the seller.

Home Inspection and Due Diligence

Before finalizing the purchase, it’s crucial to conduct a thorough home inspection. This step can uncover any hidden issues or concerns that might affect your decision. Ensure that you’re satisfied with the inspection results before proceeding.

Navigating the Legal Aspects

Closing the Deal

After your offer is accepted, you’ll move toward closing the deal. This involves completing the necessary legal paperwork and paying closing costs. Ensure you have all the required documents and funds in place for a smooth closing process.

Legal Assistance

Consider seeking legal assistance during the home-buying process. A real estate attorney can provide valuable guidance, review contracts, and ensure that all legal requirements are met.


Congratulations! You’ve successfully navigated the intricate journey of becoming a first-time home buyer in Calgary. Armed with knowledge and a well-thought-out plan, you’re ready to embark on this exciting adventure. Remember that the right home is waiting for you, and with careful consideration, it’s only a matter of time before you settle into your new Calgary abode.

Frequently Asked Questions (FAQs)

FAQ 1: What is the average cost of a home for first-time buyers in Calgary?

The average cost of a home for first-time buyers in Calgary can vary depending on the neighborhood and property type. It’s essential to research specific areas to get a more accurate estimate.

FAQ 2: Do I need a down payment to buy my first home in Calgary?

Yes, most first-time buyers will need a down payment. The amount required can vary, but it’s typically a percentage of the home’s purchase price. Saving for a down payment is an essential step in the process.

FAQ 3: How can I improve my credit score before applying for a mortgage?

To improve your credit score, pay your bills on time, reduce outstanding debts, and avoid opening new credit accounts. It’s also helpful to review your credit report for any errors and have them corrected.

FAQ 4: Should I hire a realtor when buying my first home in Calgary?

Working with a realtor can be highly beneficial, especially for first-time buyers. Realtors have local knowledge, access to listings, and negotiation skills that can help you find the right home at the right price.

FAQ 5: What are the closing costs associated with buying a home in Calgary?

Closing costs typically include legal fees, property transfer taxes, and other expenses. It’s essential to budget for these costs in addition to your down payment and mortgage.

The Ultimate Home Buying Guide for First-time Home Buyers: Steps & Tips to Find Your Dream Home

The Ultimate Home Buying Guide for First-time Home Buyers: Steps & Tips to Find Your Dream Home

The Ultimate Home Buying Guide for First-Time Home Buyers: Steps & Tips to Find Your Dream Home

Are you a first-time homebuyer eager to navigate the exciting yet complex world of real estate? Look no further than “The Ultimate Home Buying Guide for First-Time Home Buyers.” This comprehensive guide is your essential companion on the journey to purchasing your dream home.

Buying your first home is a significant milestone, and it’s crucial to make informed decisions every step of the way. This guide empowers you with knowledge, tips, and insights for confident home-buying decisions.

Inside this guide, you will find:

  1. Getting Started: Discover the key considerations to address before diving into the home-buying process. Assess your financial readiness, define your priorities, and set realistic goals.
  2. Understanding Your Budget: Learn how to create a budget that not only covers the purchase price but also considers ongoing expenses like maintenance, property taxes, and insurance.
  3. Mortgage Basics: Demystify the world of mortgages, including different types, interest rates, and how to secure pre-approval to strengthen your position as a buyer.
  4. Working with Real Estate Professionals: Understand the roles of real estate agents, mortgage brokers, and inspectors, and learn how to choose professionals who best suit your needs.
  5. House-Hunting Strategies: Discover effective techniques for searching for homes, attending open houses, and evaluating properties to find the perfect fit.
  6. Making an Offer: Get tips on crafting a compelling offer, negotiating with sellers, and understanding contingencies.
  7. The Inspection Process: Understand the importance of home inspections, what to expect during the inspection, and how to interpret the results.
  8. Closing the Deal: Navigate the final steps, from reviewing documents to closing costs, and ensure a smooth transition to homeownership.
  9. Moving In and Beyond: Prepare for the transition into your new home, and explore tips for maintaining your property and building a sense of community.
  10. Common Pitfalls to Avoid: Learn about common mistakes first-time homebuyers make and how to steer clear of them.
  11. Resources and Checklists: Access handy checklists, resources, and links to further information to streamline your home-buying journey.

Whether you’re dreaming of a cozy starter home or a long-term investment, “The Ultimate Home Buying Guide for First-Time Home Buyers” equips you with the knowledge and confidence to make the right decisions and secure your place in the world of homeownership. Your path to the perfect home starts here.

How can a Home Buying Company help sell my house privately in Calgary

How can a Home Buying Company help sell my house privately in Calgary?

How can a Home Buying Company help sell my house privately in Calgary?




Selling a house privately on your own in Calgary, Alberta, can be a challenging job. Luckily, a well-established home buying company can reduce the stress and risk of selling a property in today’s highly saturated real estate market.

How can a Home Buying Company help sell my house privately in Calgary

If you’ve ever asked, who can help sell my house in Calgary? Then this guide is for you:

A Home Buying Company Keeps Things Simple

Hiring a home buying company for selling a house privately can save you both time and money. The process is relatively simple. The home buying company takes care of all the legal paperwork, while you just have to think about handing over the property from your end. However, you’ll have to ensure that there are absolutely no due payments on the house.

You don’t Have to be Wired to Your Phone 24/7

With a home buying company looking after the homebuyers, you don’t have to entertain any direct calls. Listing your property with a real estate agent or any other public forum can be a nuisance. Choosing a home buying company is a great option, especially if you are looking for a method that requires the least amount of active involvement from your end.

Home Buying Companies Work Fast

Real estate companies usually take several months and sometimes even up to a year to sell a property. However, home buying companies are as quick as three days and do not make you wait as long for payments. Home buying companies usually deal in cash, allowing them to complete the task faster than other home selling methods.

You’ll have to Sell for Under Market Value

One of the most crucial things you’ll have to consider while opting for a home buying company is that they often buy properties for less than what you would get in the market. The price they offer will not be significantly low; however, it is fair based on the hassle-free house selling service they provide in return.

Say Goodbye to Dealing with Demanding Housebuyers

There is nothing worse than attending calls where homebuyers become increasingly demanding through their offers and negotiations. Not only is it mentally draining, but it is also a waste of your time.

Homebuyers will constantly try to undervalue your property so that they can get a good price for it. With a home buying company at your disposal, you won’t have to deal with any of this.

Your House Can Serve as a Liquid Asset

There could be a situation where you need cash to settle another payment or a problem that needs to be straightened with your funds. A property that is tied up in the market can take months to liquidate. A home buying company can offer direct cash payments, becoming a quick source of liquid assets.


Home buying companies in Calgary, Alberta, can help you sell your property fast with their expertise, professionalism, and knowledge of the real estate market. Do not hesitate to reach out to Maxx Cash Homebuyers today!

Best Pricing and Valuation Strategies for Home Sellers in Canada

Best Pricing and Valuation Strategies for Home Sellers in Canada

Best Pricing and Valuation Strategies for Home Sellers in Canada

Best Pricing and Valuation Strategies for Home Sellers in Canada

Saying goodbye to the place you have called home can a difficult thing to do. To make the experience better is to sell the home for a good price, ensuring that it falls in good hands. Here are some strategies you may find helpful when selling your property in Canada.

Online Websites for Valuing Your Home

When trying to find out the value of your home, online websites can be a good foundation. All you need to do is provide your address after searching for a valuation website online, and you will be displayed with results based on your home size and past sales in the area where your home is located. Bear in mind, these estimates about the value of your home may not always be correct.

Taking Help from Professionals

If you want to be sure of your home’s price, taking help from a real estate professional such as realtors or homebuyers is the best idea because of their vast knowledge regarding the subject matter. Contact Maxx Cash Home buyers for an appraisal regarding the value of your home today.

Value Range Pricing

Value range pricing is one of the best methods when it comes to pricing your home. The idea behind it is simple. Instead of a particular list price, you provide a range. For example, writing $285,000-$315,000 rather than just $300,000 when posting your home for sale.


There are several benefits of using value range pricing. Here are a few relevant for home sellers.


In many cases, the listed price for most houses is negotiable. This depends how much traction the listing gets and the number of bids a property gets. If the person selling the home gets multiple bids, the price may go up or vice versa if the buyers do not pay much attention to the listing. Value range pricing allows you to flexibility apparent to potential buyers.


One more benefit of value range pricing is the higher traffic generation that results from the variable price range. Most homebuyers search for a home using price as the first determinant, among others. Say, for example, a person searches for homes up to $400,000, and your house is listed at $410,000, the search will not show up your house. This would be unlucky for those willing to accept a slightly lower offer for their home.


Lastly, you can limit the lowest you will sell your house for by using a value range pricing approach. This saves a lot of time from offers that try to snag a deal for a price that you are not willing to sell your home.

Positives of Value Range Pricing for The Buyers

Value range pricing allows home buyers to consider a lot more options than they usually would. Moreover, sellers are more confident offering lower prices – if they are in range –they would otherwise as some people are shy of offering below the list price.

Should You Go for Value Range Pricing?

When determining your home’s selling price, value range pricing can be helpful in markets where there is not a lot of demand for properties. In case the demand for your properties in your area is high, offering a range of prices can be redundant.


If you are still confused about anything in this blog, get help from us by calling or visiting our website at

How to Ascertain the Value of Your Home as A Home Seller in Calgary

How to Ascertain the Value of Your Home as A Home Seller in Calgary

How to Ascertain the Value of Your Home as A Home Seller in Calgary

How to Ascertain the Value of Your Home as A Home Seller in Calgary

If you are contemplating selling your house, it is imperative to learn the best ways to determine the estimate. its value so that you can obtain a market-competitive price for your home. Here are four ways to gauge the value of your home as a Home Seller in Calgary.


Online Valuation Tools



If you want a fast estimate of how much your house is worth, the best way to do so is to go online and search “how much is the worth of my house?” Search results will show up several websites that estimate home value. These tools are called automated valuation models (AVM), usually operated by lenders and real estate website owners. The metrics employed for determining your home value include mathematical modeling and public records of previous sales. Moreover, the latest sales and listing information in your area influence the final prediction. This is one of the fastest ways to determine home value, although it may not always be correct.

Comparative Market Analysis

An alternative way to determine your home value is to take help from a real estate agent and who will draw up a comparative market analysis (CMA). Using the information about the real estate market and houses, the agent provides you with a value that he considers right for your home. Mostly, CMAs are utilized by realtors when they are going to list your home for selling purposes. It reflects the specific features of your house and compares them to similar properties in other areas to come up with a final value.

Taking Help from a Home Appraiser

Hiring an appraiser is another way of getting an accurate figure of what your house is worth. The appraiser will evaluate information about your property, the market, and other similar properties to write an official report comprising of your property’s value, among other things. This is a great option though it could be costly for some people.

Using Comparable Properties

One last way of determining your home value is to assess the sale of recent properties that are comparable to your property. When thinking of the properties to include in your estimate, ask yourself what a potential buyer looks when the property isn’t up for sale.


Only consider properties that have similar condition, location, and size. Get sales figures for three such properties, which will help you determine the selling price of your home. The next step is to adjust for differences between your home and the ones you are comparing to. An example is comparing the number of bedrooms in your house and the tone you’re considering.


Another thing is to consider the condition of your exterior. Add or subtract these differences and then take the value of the house sold for the most money and the least money. Somewhere in this range is an estimate for the value of your home. This option could be tricky to perform and does consider some guesswork.


If this information is confusing, too complicated, or time-consuming, get in touch with Maxx Cash Homebuyers. They will assist you every step of the way to come up with a reliable estimate of your home’s worth.