• What Happens on Closing Day in Alberta?,Jay Patel

    What Happens on Closing Day in Alberta?

    Closing day is the day ownership legally transfers from seller to buyer — and in Alberta, lawyers handle the entire closing (not title companies as in some provinces). The sequence: your lawyer receives your mortgage funds and down payment, sends them to the seller's lawyer, registers the transfer a

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  • Calgary Flood Zones: What Homebuyers Should Check,Jay Patel

    Calgary Flood Zones: What Homebuyers Should Check

    Calgary maps floodway, flood fringe and overland flood zones along the Bow River, Elbow River, Nose Creek and West Nose Creek — and after the 2013 flood, Canada's costliest natural disaster at roughly $6 billion in damages, checking a property's flood status is standard due diligence for any riversi

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  • Rent-to-Own in Alberta: How It Works (and the Risks),Jay Patel

    Rent-to-Own in Alberta: How It Works (and the Risks)

    Rent-to-own is an arrangement where you rent a home with an option to buy it later at a set price — part of your monthly rent ("rent credits") goes toward your future down payment, and you typically pay an upfront option fee for the right to buy. It suits buyers who need time to save a down payment

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