Wow property! Beautiful, elegant home with gorgeous view on the Lake. Total of 3 bedrooms,3 full bathrooms, it is loaded with lots of extras such as air conditioning, over sized heated garage, high end appliances, in-floor heating, custom built gas fireplace, vaulted ceilings. Master bedroom has walk-in closet, 5 piece ensuite complete with Jacuzzi tub and full steam shower. Downstairs offers bedroom, full bathroom, amazing entertainment/games room, an access to the covered stone patio. This executive property is beautifully landscaped with custom stone fountain and fire pit, exposed aggregate driveway, large balcony overlooking the lake. Beautiful home with a beautiful view of the lake, it will make you feel like you are on vacation. Please, call for…
Real Estate Blog
RSS FeedM-R Real estate Alphabet
Good Morning Readers!
Hope everyone had a wonderful weekend and got to spend some time with family and friends. Today I will be covering letters M-R of the real estate alphabet
Mortgage : Legal document that promises a property to the lender as security for payment of a debt.
Mortgage broker: A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals.
Original principal balance : Total amount of principal owed on a mortgage before any payments are made.
Owner financing: Property purchase transaction in which the property seller provides all or part of the financing.
Partial payment: Payment that is not sufficient to cover the scheduled monthly payment on a mortgage loan. In most cases, a lender will…
ABC's E-L**
Good Afternoon Readers,
Hope everyone is enjoying the beautiful weather! As promised today I will be going through letters E-L
Equity: Homeowners financial interest in a property. It's the difference between the fair market value of the property and amount that is still owed on mortgage.
Estate: Ownership interest of an individual in real property. The sum total of all real property and personal property owed by the individual at time of death.
Exclusive listing : A written contract that gives a licensed real estate agent the exclusive right to sell a property for a specified time.
Fair Market Value: The highest price tat the buyer is willing but not yet convinced to buy and the lowest price the seller is willing to accept.
…
ABC's of RealEstate
Hi Readers!
Sorry that I’ve been MIA for a few months now but I am back and ready to share informal and insightful information about our beautiful city’s real estate market. With summer amongst us now is the perfect time to find your dream home, many times I find that clients get confused by Real Estate terms so I’m here to help you with the ABC’s of the Real Estate language… Today I will do A- D!
Appraised value: An opinion of a property's fair market value, based on an appraiser's knowledge, experience, and analysis of the property.
Assessment: The placing of a value on property for the purpose of taxation.
Adjustable rate mortgage: A mortgage in which the interest changes periodically, according to corresponding fluctuations in an…
Backing on the Ravine!
Please, check my new listing E3407932/ 7805 112South Ave, what an amazing location! Summer time is so beautiful you would like to spend all day looking on the Ravine, walking, running, going down the steps(123). This home has been totally renovated in 2010, $300000 was spent and a list is long, The front veranda was added, sun room wow you have to check it out, upstairs bathroom, deck was added to the master bedroom, rear deck and the list goes on. everything top quality, this home is a must to see!
Better then a show home!
Please, Check my listing in North Central, E3401935/8848 180 Ave. This home is better then new, it features 3 bedrooms, master bedroom with ensuite, walk-in closet, upstairs laundry, hardwood floors, large island perfect for entertainment, stainless steel appliances, large nook/dinette area, fully finished basement with family room, wet bar and lots of storage. Outside low maintenance backyard, large low deck with extra lighting. Backyard is fully fenced, double detached garage. Asking price $411000. This home is located close to 2 schools, walking trails, parks, and man made lake. If you choose to buy this home you will be 20 minutes from Downtown, 5 minutes to Anthony Hendey and 10 minutes to CFB, Edmonton Military Base/ Garrison.
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Tips and Tricks when renovating your home
1) Transform your kitchen & Open Space -Buyers often want open spaces that over see the main floor. It is much more pricier to renovate a kitchen and open up walls but if you do so I can guarantee that you will see a major up sell of your home. Remember, In todays day and age a family does not want to be cramped up in a kitchen and not see what is going on in the living room. So tear down the walls and give the family what they…