Ladies! Single? New Ways to Go House Hunting

Well Done Ladies!

Ladies! Single? New Ways to Go House Hunting

Congratulations Ladies!

Perhaps, despite being single, you have finally decided to buy your own home to fulfill that life-long dream – Well done Ladies!

Why? Think Investment

Your first choice may be a good buy but not be your perfect dream home. It at least gets you into the market. Remember that your first home is just a stepping stone. Think condo. Once you have lived in it for a while and see condo prices continue to rise in Calgary as they are, you may then be ready to upgrade and buy a single-family house.

First the Money

Getting a pre-approved for a mortgage before you start is crucial when house hunting. You don’t want to fall in love with a house that's not within reach. Have you reached the ‘Money Wall’? Try family and friends for loans. This is a great strategy. Agree on an interest rate that's lower than what you'd pay a bank but slightly higher than what they could receive from similar investments.

Women Want Security

Think security. You don’t want to be afraid if you are walking home alone and putting the key to the lock at the front door. Make sure the parking area is safe so that you don’t worry about coming and going. Don't lose sleep. Pick a condo unit on the top floor of the building for example to minimize the chance of a balcony break-in.

What Else Women Want

Women want more than more pretty pictures of stainless steel fridges and sweeping granite counter tops. If the contractor plans are still in the works, ask about including noise-muffling walls to drown out upstairs laundry machines. What about the possibility of storage hidden in the bathroom walls for reading materials and feminine products?  Ask for amenities such as mud rooms, ‘drop zones’ for groceries and walk-in pantries.

Be well-informed

When it comes to real estate single women need to do a lot more due diligence. Don’t be afraid to ask a lot of questions until you understand the process. Your Real Estate agent will be happy to answer any questions you may have. In Calgary give Chris a call at 403-680-4479
Visit: http://www.liveinokotoks.com/
Visit: www.yourhomeinalberta.com/

Single Women Buy Houses

Five Reasons Single Women are Buying Homes
Twice the Rate of Single Men
Record numbers of single women are buying homes.  Twice as many unmarried women are buying homes than single men, according to a study from the Joint Center for Housing (Harvard University). As women delay marriage, they are steadily taking charge of their own finances.  They are increasingly recognizing that home ownership is often more affordable than renting.
Studies are Revealing
Based on a 2011 report from the American National Association of Realtors, it is believed that close to 20% of homebuyers in North America are single women, making them the second largest home buying demographic after married couples. Looking for ways to invest in their future women find that investing in real estate increases their financial security in a lasting way.
The Market is Wide Open
Women have a strong desire to own their own home. Call it the nesting instinct or a need for security. Women buyers are varied in age and demographics. They are not people that you can stereotype. They can be divorced, never married, separated, with children or without or grandmothers. They can afford to live alone or with friends.
Hard to Pin Down
Although it is hard to pin down the type of home most women are looking for, there are some common elements. Some surveys have uncovered familiar themes such as two or more bedrooms, close to downtown and not out in suburbia, a condo with a well-run homeowner association and also a home in a community with gated access. Of course close to good schools, fitness centres and shopping is high on the list.
The Door is Wide Open
With women’s financial situation growing in credibility, banks are ready to talk. For the current generation of single women who now have a strong desire to feather their nests they have the opportunity and the means to finally do so. Now is the best time to buy a house.
Why not give Chris a call at 403-680-4479
Visit: http://www.liveinokotoks.com/
Visit: www.yourhomeinalberta.com/