Category Archives: Real Estate Financing

  • What Is Bridge Financing?

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    Bridge financing is short-term financing used when a homeowner is purchasing a new property and taking possession prior to the sale of their current property. Lenders grant short-term financing, or interim financing, to “bridge” the gap between the closing dates of the transactions and allow buyers to use the equity in their current property prior […]

  • Mortgage Basics

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    This article will provide a brief overview of the mortgage instrument itself, define certain common terms associated with mortgages, and provide a brief overview what may trigger the foreclosure process. Almost every person purchasing a house in Alberta will do so by obtaining a mortgage. However, not every current or prospective home owner understands the […]

  • Residential Real Estate Terms Defined

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    Residential real estate transactions in Alberta are most commonly governed by the various versions of the Alberta Real Estate Association’s template forms of agreement.  These templates continually evolve and their standard terms aim to highlight and address many of the key considerations sellers and buyers should consider when agreeing to these transactions.  Within these forms […]