Steven Crews Newsletter - 2017 Christmas Edition

Foreclosure, Bank Owned & Other Interesting Properties

Here is our December List of Foreclosure Properties & Other Properties of Interest:

NE Bank Owned

SE Bank Owned

SW Bank Owned

NW Bank Owned

Judicial Sales

Calgary Handyman Specials

Airdrie Bank owned or Judicial Sale

Chestermere Bank Owned or Judicial Sale

Cochrane Bank Owned or Judicial Sale

Okotoks Bank Owned or Judicial Sale

Outside Calgary Handyman Specials

East Side Suited Homes under $350k

West Side Suited Homes under $500k

Triple Car Garage under $650k

Calgary Luxury Homes over $3.5 million

Outside Calgary Luxury Homes over $3.5 million

If you are considering a foreclosure purchase, please give me a call before you write an offer.  Purchasing a foreclosure is a little different than purchasing a resale or new home.  There can be some lender stipulations and conditions.

If you have questions about any of these, feel free to call/text me (403-870-2669) or send me an email.

Wondering about the New Mortgage Rules?

I've had quite a few people call me about the new rules coming into place for Jan 1st, 2018.

If you would like to chat about how it relates to your mortgage or future mortgages, give me a call at 403-870-2669 or sent me an email and we can book a time to chat.

Helping your child buy a house: when you should and shouldn't lend a hand

Overheated housing markets like those in Vancouver and Toronto may make headlines, but it’s not just those real-estate scenes that can pose a challenge for first-time buyers. For many Canadians, scraping together enough money for a down payment is a task that’s as monumental as it is drawn-out.

So, it’s not uncommon to hear of parents helping their grown children fund a home of their own. For some moms and dads, that kind support is part of a “living inheritance,” a chance to see their offspring make good use of what’s passed down to them. Others may be motivated by more practical reasons, wanting to see their kids to put their money toward their own property and not their landlord’s.

No matter what’s driving it, there’s plenty to consider when it comes to parents helping their grown children buy a home so that both parties can stay protected, legally and financially.

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