When shopping around for the perfect home, buyers also need to have their mortgage in mind to help them create a budget. Your mortgage is essential to your house hunting process and there are a few considerations home buyers need to keep in mind. Home Buyer real estate experts will always advise clients to create a solid budget before they start the home buying process. Credit scores in Canada and the United States slightly differ in terms of their range and what the scores represent. Here is the breakdown of score and meaning in Canada:

Canada Credit Score Rating via TransUnion - Maximum is 900 

Excellent (Scores 801+)
Any score above 801 is considered an excellent score, leading to borrowers receiving better interest rates.

Good (Scores 750-800)
Falling…

In the last part of the series, we’ll compare the lifestyle that typically attracts individuals to purchase a home or a condo in Calgary. If you missed the previous parts of the blogs, you could click here to start from part 1, which sheds light on Calgary’s real estate market.

LifeStyle: Living in a condo offers many benefits, which includes eliminated yard work or shovelling, less space to clean and maintain, and more. For many, it is a lifestyle that allows them t focus more on enjoying their home rather than taking care of it.

Some niche buyers who would benefit from living in a condo in Calgary include:

First Time Buyers

First time home buyers purchasing a condo as their first home is generally a significant investment, especially…