June 2014

Finance Friday- 8 Ways to Improve Your Credit

Posted on Jun 13, 2014 in Calgary Real Estate Finance Tips

Credit scores, along with your overall income and debt, are a big factor in determining if you’ll qualify for a loan and what loan terms you’ll be able to qualify for.

1. Check for and correct errors in your credit report. Mistakes happen, and you could be paying for someone else’s poor financial management.

2. Pay down credit card bills. If possible...

Read More

Finance Friday- Budget Basic Work Sheet

Posted on Jun 13, 2014 in Calgary Real Estate Finance Tips

The first step in getting yourself in financial shape to buy a home is to know what you make and what you spend now. List your income and expenses below.


Income

  • Take-Home Pay/All Family Members
  • Child Support/Alimony
  • Pension/Social Security
  • Disability/Other Insurance
  • Interest/Dividends
  • Other
  • Total Income



Expenses

  • Rent/Mortgage
  • Life Insurance
  • Health/Disability I...

Read More

Finance Friday- 8 Steps to Getting Your Finances in Order

Posted on Jun 13, 2014 in Calgary Real Estate Finance Tips


  1. Develop a family budget. Instead of budgeting what you’d like to spend, use receipts to create a budget for what you actually spent over the last six months. One advantage of this approach is that it factors in unexpected expenses, such as car repairs, illnesses, etc., as well as predictable costs such as rent.
  2. Reduce your debt. Generally speaking...

Read More

Finance Friday- 10 Questions to Ask Your Lender

Posted on Jun 13, 2014 in Calgary Real Estate Finance Tips

Be sure you find a loan that fits your needs with these comprehensive questions.

1. What are the most popular mortgage loans you offer?

2. Which type of mortgage plan do you think would be best for us? Why?

3. Are your rates, terms, fees, and closing costs negotiable?

4. Will I have to buy mortgage insurance? If so how much will it cost and how long wi...

Read More

Finance Friday for Home Buyers

Posted on Jun 13, 2014 in Calgary Real Estate Finance Tips

Working with a lot of home buyers as a realtor in Calgary, and there are some common financial conversations which come up frequently. So I am starting Finance Fridays for Home buyers, highlighting some common financial hints and tips for home buyers.



Kevin Leung

Realtor, CIR Realty

Read More

Hiring The Right Moving Company

Posted on Jun 13, 2014 in Home Tips

How do you select the best moving company for your needs?

· Ask for recommendations from friends other professionals in the local real estate industry.

· Beware of fly-by-night operations. They may seem like a bargain, but you get what you pay for.

· Does the company provide you with a written estimate and contract? (Beware of movers that just give yo...

Read More