Buying a Home Edson
Buying a home is huge decision and we want to help. By using a trusted Edson REALTOR® you can buy with confidence. We will look after any and all issues that arise ensuring that your experience is stress free and of highest quality. At century 21 we strive to make our clients happy and put them in optimal positions to buy a home. We do this by supplying ample information, answering all questions and being there for you from the first call till closing. Please do not hesitate to contact us today.
Why Use an Edson REALTOR®
By using a REALTOR® You immediately enhance your search. C21 Realtors really work to find you a dream home and may know of homes on the market one may not initially consider. We consider your desired use of a property, maybe you need a family home or would like to use a property as investments. As realtors we look at proximity to Schools, Lifestyle opportunities and potential investment value. You are never left wondering. Along side the above we have extensive knowledge about local markets, real estate expertise and superb negotiation skills. We help you get the best possible deal and handle all critical details.
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HOME BUYER'S GLOSSARY
AMORTIZATION SCHEDULE
The number of years it takes to repay the entire amount of the financing based on a set of fixed payments.
Equity
The process of determining the market value of a property.
Mortgage
A mortgage that can not be prepaid or negotiated for a set period of time without penalties.
Closing date
The date on which the new owner takes possession of the property and the sale becomes final.
Collateral
An asset, such as term deposit, Canada Savings Bond, or automobile, that you offer as security for a loan.
Deposit
A sum of money deposited in trust by the purchaser on making an offer to purchase. When the offer is accepted by the vendor (Seller), the deposit is held in trust by the listing real estate broker, lawyer, or notary, until the closing date of sale, at which point it is given to the vendor.
Equity
The difference between the market value of the property and any outstanding mortgages registered against the property. This difference belongs to the owner of that property.
Term
A mortgage is a loan that uses a piece of real estate as a security. Once the loan is paid-off, the lender provides a discharge for that mortgage.
Term
The period of time the financing agreement covers. The terms available are; 6 Month, 1,2,3,4,5,6,7,10 year terms, and the interest rate will be fixed for whatever term one chooses.
Take the next step in your journey
I look forward to working with you and helping you reach your home ownership goals. Reach out to get in touch and start the process today. I offer:
CENTURY 21 Twin Realty
INFO & SERVICES
CENTURY 21 Twin Realty
5014 4th Avenue (PO Box 7440), Edson, AB T7E1L9
(780) 723-3100
INFO & SERVICES
Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2020 Century 21 Canada Limited Partnership © 2020 Century 21 Canada Limited Partnership
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association. Not intended to solicit properties currently listed for sale or buyers under contract.
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