Terry Paranych Real Estate Group Blog

9 Things You’ll Need For Your First Home

There’s nothing quite like buying your first home. After months (maybe even years) of saving for a down payment, dreaming and searching, you finally have a place to call your very own. But before you rush out in search of paint colours and home décor, we recommend grabbing these first-time homeowner essentials (you’ll be glad you did)!

1) Window Treatments 

Relaxing in your new home may prove difficult if you don’t have any privacy. Be sure to purchase curtains or blinds, keeping in mind which areas of your home see the most sunlight. For example, if you have an eastward facing bedroom, you may want to install heavier drapery to avoid that early morning glare.  

2) New Locks  

It’s common practice for new homeowners to replace the entryway…

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First-Time Home Buyer FAQs

How Do I Know If I’m Ready to Buy My First Home?  

While the “right” time to buy will vary based on your unique circumstances, here are a few signs you might be ready:

1. Your credit is in good standing (more on that below) 
2. How have a stable job 
3. You’re planning on staying put 
4. You’ve saved a down payment 
5. You can afford monthly mortgage payments (as well as current debt payments, taxes, bills etc.) 
6. You can afford maintenance and upkeep 
7. You’ll still have money left over after you buy

Will My Credit Score Impact My Ability to Buy?  

Your credit score is one of the first things a lender will look at when deciding to qualify you for a mortgage. This is because your credit history is a clear indication as to whether you…

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Home Seller FAQs

When Is the Best Time to Sell?  

While the right time to sell will always come down to the time that works best for you, there are a few things you may want to take into consideration. These include the time of year, market conditions and interest rates. To learn more, see the information provided under “Is Now the Right Time to Sell Your Edmonton Home?” on our website.

Can I Buy and Sell at the Same Time? 

We get asked this a lot, but the answer always depends on your unique situation. Interest rates, mortgage flexibility, personal finances and the property you’re looking to purchase all play a role in determining whether you should buy before selling. Fortunately, this is a scenario an experienced REALTOR® will be more than familiar with…

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How to Buy a Home and Save a Ton of Money

Is it really possible to buy a home in Edmonton AND save money at the same time? With the right information, you bet it is. Here are a few key strategies to help you buy your dream home without breaking the bank.

Work With an Edmonton REALTOR® 

Whether you’re just starting out or you’ve had tons of real estate experience, partnering with a qualified Edmonton REALTOR® WILL save you money (potentially thousands)! Navigating current market conditions, assessing a home’s true value and expert negotiation skills are just a few of the many ways your agent will help you save on your dream home. 

Establish Your Wants Vs. Your NEEDS 

Viewing homes without understanding your wants and needs is a lot like visiting the grocery store with no grocery…

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Choosing an Edmonton REALTOR®: 8 Questions to Ask and Why

With so many Edmonton REALTORS® active in today’s busy market, how do you know which agent or agency will be best for your unique situation? Here are some key questions you’ll want to ask to help you make the right decision.

1) How long have you been a REALTOR®?

Experience can go a long way in terms of saving you time and money. For this reason, we recommend working directly with either a seasoned Edmonton real-estate expert, or a REALTOR® represented by a reputable and well-known agency (even if they are less experienced, this means they have been taught and mentored by the very best in the industry). 

2) Do you work more with home buyers or home sellers? 

Some REALTORS® tend to focus on one more than the other. When vetting potential…

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6 Questions To Ask Yourself When Choosing a Neighbourhood

From Spruce Grove to Fort Saskatchewan, the capital region is home to hundreds of great communities. But with so many amazing neighbourhoods to choose from, how do you know which one will be best for you? Here are 6 questions you’ll want to ask yourself when trying to make your decision.

1) What kind of home do I want? 

Of course, the type of home you’re looking for will be a huge determining factor when it comes to finding the right community. Some Edmonton neighbourhoods cater to a wide range of styles such as apartment-style condos, townhomes and duplexes while others are solely comprised of single-family dwellings. Knowing which home style you want (and can afford) is the first step to narrowing down your neighbourhood options.  

2)  What…

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Sell Your Edmonton Home Faster with These Easy (and affordable!) Home Staging Tips

Staging your Edmonton home won’t just help you sell faster, but it can also help you sell for more money! Even better, you don’t need to run out and hire a team of professionals to do it (unless you want to, of course). Easy and affordable, these top home staging tips will have your home looking its sale-ready best in no time.

De-Clutter  

Clutter doesn’t just make your home look messy, it look smaller. Go through every room, cupboard, and closet (buyers WILL look) and remove items you’re not currently using or no longer need such as old clothes, seasonal items, storage totes and containers etc. Organize your cupboards and pantry, clean out junk drawers and be sure to clear floor and countertop space wherever possible.  

De-Personalize 

…

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