Buying a home can be risky from a financial and emotional point of view. Our educational blogs are intended sure to make your experience and home buying journey is enjoyable plus rewarding...

1. You Won’t Save Any Money

The seller has agreed to pay a commission to both the selling and buying REALTOR®. The commission is ‘baked in’ to the process and was agreed to be paid by the seller at the time of engagement with the listing REALTOR®.

Buy direct and the listing REALTOR® will collect both commissions.

Buy with your own independent REALTOR® and the seller will pay a commission to your REALTOR® from the proceeds of the sale.

2. You May Lose Out to Other Buyers

The seller has engaged the listing REALTOR® to represent them and their interests.

If you approach the listing REALTOR® directly, you put the listing REALTOR into a very awkward position and a potential conflict of interest.

The listing REALTOR® cannot represent…

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Is your home an investment or an asset? Some people would say both, but the Government of Canada describes an investment as having the following 3 qualities:

Income,

Risk and,

Liquidity,

Home ownership does not provide income (unless you rent out part of your home) it carries risk in terms of maintenance and upgrades and it’s not very liquid. Selling your home for full retail value takes several months to complete.

According to some, an asset on the other hand has the following attributes:

It has a long life,

It has utility, that is it does something for you and

Its value can be depreciated over time,

Based on these criteria your home, is an asset not an investment.

For most people, owning a home is better than renting…

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According to several sources in the banking industry, interest rates will go UP one more time in December 2022, before a measured and slow retraction commences at some point in 2023 and extending into 2024.

Why are interest rates still going up?

Because our inflation rate is nudging 7%. Interest rate increases make borrowing money more expensive and therefore we are encouraged to curb our spending.

As inflation backs off, the government will reduce the cost of borrowing with the intention that by the end of 2023, inflation will be back down to less than 3%.

What does this mean if you are considering buying a home?

Your payments will be more expensive than before. And you may have to look at a less expensive home.

It also means that…

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Home inspections are not cheap. Most inspectors these days are charging north of $500 plus GST in the Edmonton market. And if you choose to attend your inspection, you will be committing perhaps 3 or 4 hours of your day whilst your inspector goes through your prospective new home and build the report.

Are they worth the money? Would it be a good idea just to skip this step?. Let’s explore 3 good reasons as to why you should order an inspection when buying your next home.

1.  A Second Set of Eyes

You might be one of the handiest people on the planet. Perhaps you work in construction? Even the most technically competent people are going to miss something and in the same way that airlines employ a pilot and a copilot it could be a very good idea…

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The October condo market continued to be very active. Abundant supply is holding prices down.

Sales Prices

In October 2022, average sales prices were around $209,000 compared to over $220,000 in October 2021. This is a decrease of about 5%. However, the annual market performance for condos is tracking neutral.

Sales Volume


In October 2022, around 313 sales were registered compared to around 375 units sold in 2021. It should be noted that the last 4 months of 2021 saw a dramatic increase in units sold. For 2022 sales volumes are still ABOVE those number for 2020 and we expect to see sales volume for 2022 track about 600 units above last year an increase of around 13%

Days on Market

Condo buyers were snapped up quickly in…

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Its easy to get confused. There is so much information available to you on the internet that many people get overwhelmed and procrastinate often to their detriment later.

Some people wait for home prices to come down when in fact they go up, Others wait for a better interest rate than the one offered now and at the time of writing our government is planning to increase them again to calm down an overheating economy,

The best time to buy a home is when you are ready.

When you can commit to one home for the next 3 or possibly 5 years and in many cases longer.

That is the time to buy a home.

Let us examine the 10 steps you might wish to follow. I like to call this “The Ambergate Method”. All members of my team will encourage you to follow…

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Available with immediate possession & situated in the popular Gold Bar community, this 4-bedroom, 2-bathroom home backs onto Gold Stick park & the trails can easily be accessed. Perfect for a young family, first time buyers or perhaps downsizers. Walk in & notice the wonderful tigerwood hard floor, the modern kitchen with stainless appliances & the lovely view out of the picture window. On this floor you will also find the master bedroom with a 3-piece ensuite, 2 other bedrooms & a 5-piece family bathroom. Head into the basement & you will notice a fourth bedroom, a rec room, a storage room, additional under stair storage perfect for a deep freeze & a mechanical room with sufficient space to create a third bathroom. Features include upgraded…

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If you can overlook some of the gorier decorations that some folks install, searching for a home during Halloween can be a great time to really learn about a community and the folks that live in it.

Perhaps, the home you have your eye on has lots of decorations? This could signal that the owner is fastidious in other areas of their life like home maintenance. Worth noting.

Driving down the street and noticing how many decorations are in place, or the quality of the work could also suggest the level of commitment your prospective neighbours have to the general wellbeing of the area.

A street with no decorations, suggests an isolated group of people who don’t communicate with each other.

A street awash with complementary decorations that…

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COMING SOON! An exclusive Ambergate Realty Advisors listing. This home may not yet be on the open market. To view it first, contact us today. 

Available with immediate possession & situated in the popular Paisley community in south west Edmonton, this 3 bedroom, 3 bathroom home would be perfect for first time buyers or perhaps a young family. On the main floor you will enjoy a large living room, modern galley kitchen, dining area, bathroom & storage. The upper floor offers you a laundry, master bedroom with ensuite & walk in closet, 2 more good sized bedrooms & a bathroom. The basement features a larger window, a rough in for a bathroom & is ripe for development. Outside you will enjoy a view onto green space, a smaller landscaped yard for your…

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COMING SOON! An exclusive Ambergate Realty Advisors listing. This home may not yet be on the open market. To view it first, contact us today.

Move in before Christmas. Immediate possession. Situated in the popular family friendly Kilkenny community, this 4/5 bedroom, 2 bathroom home would be perfect for first time buyers, a young family or even investors. On the main floor you will enjoy a large living room, modern kitchen, 3 good sized bedrooms & a family bathroom. The lower level is partially finished & offers 2 rooms suitable for bedrooms, a bathroom & a wide open space ready for finishing. Outside the home offers a larger lot, attractive landscaping & an oversize double garage. The home benefits from a program of upgrading to include:…

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