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.

home buying company, sell your house fast, sell your house in Calgary, selling your home online, sell your house privately

Guide to Selling Your Home Online

Guide to Selling Your Home Online

home buying company, sell your house fast, sell your house in Calgary, selling your home online, sell your house privately

Selling your house online can be a risky job, Especially if you’ve never done it before. While the internet has many potential buyers, who can help you sell your house fast, there are some untrustworthy people out there. Hence, it is essential for you to have a lay of the land before you start selling your home online.

Here is a rundown of what you need to do to sell your house in Calgary:

Inspect Your Home

Before beginning the entire process to sell your house in Calgary, it is vital for you to give your home a thorough inspection. Go from room to room and check on important things like walls, bathrooms, pipes, door handles, and flooring, etc. before putting your house up for selling. Moreover, ensure that you settle all dues and payments on the house.

Paint, Plaster, & Fix

Suppose you found any torn-off wallpaper, cracked paint, non-functional doorknobs, or leaky pipes, it’s time for you to call a handyman. Your house should be fully functional before you put it up for sale, online or otherwise. Getting a fresh coat of paint is an excellent way to go as it can help you secure a good offer on the house.

Take Professional Photos

Professional-looking photos are super important when you are trying to sell your house online. Each picture needs to make your house look appealing. Ensure that the pictures do not capture any apparent flaws because they can give the buyer something to negotiate a lower price.

Research on Legitimate Property Selling Platforms

As mentioned earlier, many online platforms buy and sell properties in Canada. Always pick a platform after reading reviews or successful client stories. If a platform seems shady or doesn’t have updated reviews, steer clear of it. Here are some platforms you can try: Realtor Canada, RE/MAX, Dupropio, Century 21 Canada, etc.

Post an Advertisement

Once you’ve decided on a platform, post your advertisement. Choose clear wordings on your ad that go well with the pictures that you’ll upload. If your house has some good qualities, make sure you boldly highlight them to attract buyers.

Consider a Home Buying Company

A home buying company can be helpful if you want to take a cash offer on the house. Home buying companies in Calgary are stress-free and save you from negotiations with demanding buyers. In turn, they can make a smooth cash offer on your house, sometimes in less than 3-4 days. If quick asset liquidation is your goal, then there is no harm opting for a home buying company over an independent buyer.


Even though there are several online options for you to choose from, home buying companies in Calgary can help you sell your house privately and save you on a ton of other costs. With their expertise, professionalism, and real estate market knowledge, you can sell your house fast in less than five days. Do not hesitate to reach out to Maxx Cash Home Buyers today!

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!