In the journey of home buying, mortgage brokers and mortgage lenders play a pivotal role in connecting buyers with lenders and securing the financing they need. While their assistance is invaluable, it’s important to demystify the question of how mortgage brokers earn their income. Mortgage brokers work in your best interest, finding you the best… Continue reading Understanding Mortgage Broker Fees: How Do Mortgage Brokers Get Paid?
When it comes to house hunting, the allure of new construction is undeniable. The idea of being the first to live in a pristine home with brand-new appliances and custom finishes tailored to your taste is truly appealing. However, before you get too excited, it’s essential to understand the importance of having your own real… Continue reading The Indispensable Role of a Realtor in Buying New Construction Homes
When you’re ready to embark on the exciting journey of purchasing a new home, one of the most crucial factors to consider is the down payment. Understanding how much you need to put down for your dream house is vital to ensure you are financially prepared for this significant investment. In this guide, we will… Continue reading How Much is a Down Payment on a House? A Complete Guide for Home Buyers
Buying or selling real estate can be a complex and overwhelming process, but having the right real estate lawyer on your side can make all the difference. In today’s digital age, where virtual signings have become more prevalent, finding a real estate lawyer who can facilitate these transactions efficiently is crucial. In this blog, we… Continue reading How to Choose a Real Estate Lawyer Who Can Do Virtual Signings
If you’re in the process of buying or selling a house in Calgary, you may be wondering how long it takes to close the deal. The closing process is a critical phase of any real estate transaction, involving various steps and timelines. At Passgo, we understand the importance of a smooth closing, and we tailor… Continue reading How Long Does Closing on a House Take? A Comprehensive Guide for Calgary Buyers and Sellers
Buying a new home is an exciting venture, but it also comes with its fair share of challenges. One crucial aspect of purchasing a new home is reviewing the builder’s contract. These contracts, which are typically drafted in favor of the builder, outline your rights and obligations as a buyer. It is essential to understand… Continue reading Unlocking the Secrets: A Comprehensive Review of New Home Builder Contracts
In today’s rapidly evolving digital world, the COVID-19 pandemic has brought about significant changes in conducting legal business. To adapt to the new normal, various legislations have been enacted to facilitate virtual signings, witnessing, and electronic signatures. Alberta’s Initial Response to the COVID-19 Pandemic, in May 2020, Alberta introduced temporary legislation allowing for the virtual… Continue reading Virtual Real Estate Signings in Alberta: Navigating Legal Changes and Zoom Conferencing Requirements
Closing day is an exciting time for homebuyers, as it signifies the completion of a long and often arduous process. However, imagine the shock when the new owners arrive at their new property, only to discover that the seller is still occupying the house, seemingly unaware of the need to vacate. Such a scenario can… Continue reading Caught in a Closing Conundrum: What to Do When the Seller Won’t Leave
The real estate industry has undergone significant transformations in recent years, largely due to the advancements in technology. One area that has seen considerable progress is the implementation of virtual ID verification processes. With the rise in fraudulent activities, particularly related to property transactions and mortgage registrations, virtual ID verification has emerged as a powerful… Continue reading Unlocking Opportunities Safely: The Power of Virtual ID Verification
Are you considering buying a house privately? It can be an exciting and rewarding experience to skip the traditional route and deal directly with the seller or listing agent. However, it’s important to proceed with caution to avoid potential pitfalls. In this comprehensive guide, we’ll walk you through the essential steps and provide valuable tips… Continue reading The Ultimate Guide to Buying a House Privately: Avoiding Costly Mistakes
