Tag: Buy

Land Acquisition

Land Acquisition

Thanks to our day-to-day presence in the Calgary and surrounding area, we have access to other options for your land acquisition.

We are adept at identifying the core value of the land and properties. From zoning to environmental considerations, financial reports as well as providing expert counsel, we know how to guide you through the entire process with both skill and speed.

Within the Calgary area – bare land is hard to find and the cost per acre is quite high. However, if you are looking for a piece of land within the city limit or outside city limit (think Balzac) we can help!

 

 

Six Terms To Watch For In A Purchase Contract

Six Terms To Watch For In A Purchase Contract

Before signing on the dotted lines….

  1. The closing date. See if the date the buyer wants to take title is reasonable for you.
  2. The deposit. Look for the largest deposit possible. A large deposit is usually a good indication of a sincere buyer.
  3. Fixtures and personal property. Check the list of items that the buyer expects to remain with the property and be sure it’s acceptable.
  4. Repairs. Determine what the requested repairs will cost and whether you’re willing to do the work or would rather lower the price by that amount.
  5. Contingencies. See what other conditions the buyer wants to have met before the contract is final e.g., inspection, sale of current residence, financing approval, review and approval of contract by their lawyer. Set time deadlines for completion of each of these contingencies, so that they don’t drag on and prevent your sale from being final and binding.
  6. The contract expiration date. See how long you have to make a decision on the contract.

As with all contracts – commercial real estate is just another area where getting the help of a professional real estate agent can be invaluable.  From start to closing.

Check out our agents’ profile or give us a call !

 

Source: http://www.albertarealestatelawyers.com/resourceinformationcommonrealestateterms.html