Archive for the ‘Dream Home’ Category

You Ask, We Answer: When is the Right Time to Upgrade to a Larger Home

Monday, November 6th, 2017

Upgrading to a Larger Home – Are you ready?

Many homebuyers face the question of size when looking for their next home. Do they downsize, stay the same, or upgrade to a larger home? To help answer this question, here are some factors to take into consideration when determining if you should upgrade to a larger home.

 

Affordability

With larger homes come more financial responsibility. Typically larger homes will come with a larger mortgage, repair/maintenance, utilities, and insurance payments as well as increased property taxes. Are you ready financially for these larger expenses? Take into account these estimated expenses when going over your household budget. Remember, ideally you’ll want to be able to maintain a comfortable quality of life and still be able to save for the future when these larger expenses are taken into account with your budget.

 

Down Payments

There is a need in most cases during the property buying process to make a down payment and to pay for closing costs. You should include these expenses in your estimations while keeping in mind that selling the existing property and accessing equity will yield most or all of the funds that are needed to make a new purchase. Working with a real estate professional and a mortgage broker will help you to get more information about these two factors before making a sound financial decision.

 

When the time is right for you to upgrade to a larger home, you should consider working with an experienced real estate agent to sell your existing property and help you in the process of buying a new home!

For all of your Greater Calgary Real Estate needs, we are here for you!

Home Sweet Home Team

The Top Producing Team at Century 21 Bamber Realty Ltd.

 

Call this Private Fantasy Island Your Home Today

Wednesday, February 27th, 2013

Ever dreamt of walking out of your front door, jumping on to your jet ski and going for a short ride to Cuba?

Well then you have a found your dream home. For the minimal cost of $15.8 Mil you can call this island your home. One can dream right?

Take a look at this amazing private island equipped with a breathtaking home, jungle, a local caretaker and an entire island to practice your golf skills!

 

 

 

 

 

 

 

 

 

 

 

If you are interested in looking at a photo gallery of this little piece of heaven, visit http://curbed.com/archives/2013/02/27/jet-ski-to-cuba-from-this-158m-key-west-isle-estate.php#512d2db6f92ea17b54013d56

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