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Year Closes on the Up-And-Up Photo Real estate activity in the City of Calgary enjoyed an upward boost at the end of 2017, with a rise in both monthly sales and the quantity of inventory available for buyers to choose from. The Calgary Real Estate Boa

February 1st, 2018, Chris Tarves

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Year Closes on the Up-And-Up Real estate activity in the City of Calgary enjoyed an upward boost at the end of 2017, with a rise in both monthly sales and the quantity of inventory available for buyers to choose from. The Calgary Real Estate Board (CREB®) reported that sales activity for all product types improved in December and pushed monthly sales to long-term averages for the seco ...
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Condo vs. Co-op Ownership

January 30th, 2018, Chris Tarves

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Condo vs. Co-op Ownership A condominium (condo) owner owns real property, while a cooperative (co-op) owners owns shares in the corporation that owns their building. Condominium ownership usually includes distinct ownership of an individual unit and joint ownership of common areas, while a cooperative apartment house is typically owned and managed by a corporation, and shareholders who ow ...
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Terminology Tips: Housing Starts

January 29th, 2018, Chris Tarves

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Terminology Tips: Housing Starts "Housing start" refers to the beginning of construction work for a new single or multi-family housing unit — the pouring of the foundation of the building. "Housing starts" refers to the number of new properties begun during a particular period. This number is used as a key economic indicator as it has an important impact on building-dependent industries, inc ...
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Out With the Junk, In With the Car!

January 28th, 2018, Chris Tarves

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Out With the Junk, In With the Car! The weather outside is frightening ... so why is your car suffering the elements on the driveway, while your junk sits protected and cozy inside your garage? Don't wait for spring cleaning — pull on some gloves, crank up your playlist and head into the garage to toss what you don't need, organize what you do need, and clear the way for a protected environm ...
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Air Quality in the Great Indoors

January 8th, 2018, Chris Tarves

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Air Quality in the Great Indoors The winter season typically draws people indoors for long periods of time, often resulting in an increased incidence of airborne health concerns. Read on for some tips on how to maintain better indoor air quality, and subsequently better health! While homeowners recognize the need to seal leaks around windows and doorframes to prevent expensive heat and ai ...
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New Year, New Rules

January 8th, 2018, Chris Tarves

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New Year, New Rules As you may have heard, the newest residential mortgage guidelines issued by the Office of the Superintendent of Financial Institutions Canada (OSFI) are now in effect. If you have moving plans this year, you'll want to find out how this mortgage news might affect your affordability parameters. Under previous bank rules, only insured mortgages (mortgage insurance is nec ...
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Summer Tip: Natural Solutions For Mosquito Bite Relief

July 31st, 2017, Chris Tarves

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Summer Tip: Natural Solutions For Mosquito Bite Relief Mosquitoes don't time their meals according to when you've had time to protect yourself with bug repellent, so if you find yourself bugged by bites, look no further than your kitchen for natural relief: • Ice: An ice cube or ice pack will temporarily soothe and numb the skin, while reducing inflammation. • Baking soda or oatmeal: Make ...
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Terminology Tip: Gift Letter

July 31st, 2017, Chris Tarves

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Terminology Tip: Gift Letter This is a letter stating that the gift giver, typically an immediate family member, is making a gift of a specific amount to the gift receiver for purpose of a down payment on a home. Check with your lender for their specific requirements, but typically the letter must state the amount of the gift, the subject property address, the relationship of the gifter to ...
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Terminlolgy Tip Joint Tenancy

April 25th, 2017, Chris Tarves

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Terminology Tip: Joint Tenancy When a property is held in joint tenancy, it means that when one partner dies, the entire property then belongs to the surviving joint tenant(s). Most couples set up their home ownership in this way so that the remaining spouse automatically receives full ownership of the family home without having to go through probate. Homeowners need to consult with their ...
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Backyard of the week

April 24th, 2017, Chris Tarves

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christTarves-footer-photo Chris Tarves Royal Lepage Mission

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