Looking to grow your real estate portfolio? Here's how!
River Valley Realty Blog
by Ross Storoshenko
1y ago
 PURCHASE SOME PROPERTY It’s never too late to take the first step in building your real estate investment portfolio. Don’t rush when choosing your first property. Don’t take too much time either — your first property purchase will be a learning experience no matter how good your decision. Remember, your intention is to flip the house, not move in. EQUITY Now that you have purchased your first property, you can speed up growth by leveraging the equity of your portfolio. In terms, let’s say you snagged a property for $150,000 and, after making improvements, the appraisal value comes ..read more
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Why you should buy property VS renting!
River Valley Realty Blog
by Ross Storoshenko
1y ago
1. Buying Can Be Cheaper than Renting in the Long-Term! The money you save can be reserved for your short-term savings. Having money set aside for when life throws a curveball is beneficial. Rent is money you’ll never get back. You pay for a property you don’t own, and you don’t build equity. Ultimately, your money is building your landlord’s wealth and future, not your own.Owning a home is a smart way to build lifelong wealth. Although buying a house can be expensive initially, if you add in the the fees associated with renting, owning your home will actually end up cheaper in the long run. 2 ..read more
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10 First-Time Homebuyer Tips!
River Valley Realty Blog
by Ross Storoshenko
1y ago
These days, the real estate market can seem quite literally all over the map—still super-hot in some areas while cooling off in others. Regardless of where you live, first-time home ownership can be an attainable goal with the right research and advance planning. Here are some smart money moves and home-buying tips you can make today to put you on the path to homeownership. 1. Check your credit (and work on it) The higher your credit score, the better the interest rate on your mortgage. 2. Nail down your budget Think about not just how much house you can afford, b ..read more
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How staging your home can get you multiple offers!
River Valley Realty Blog
by Ross Storoshenko
1y ago
Staging showcases your home in its very best light, using furniture and decor to highlight your home’s best features and minimize its imperfections. This allows potential buyers to see themselves in your home, often leading to a quicker sale at a higher price point. Over time we get so used to how the home functions for us, that we don’t consider if the current function really showcases the layout and flow of the home. Think of how you felt trying to visualize yourself in the home your living in now, it can be the hardest thing to do. This is where staging comes into play and helps gives homeb ..read more
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5 Tips From A First Home Buyer in Edmonton
River Valley Realty Blog
by Emmalea Martin
1y ago
5 Tips From A First Time Home Buyer  Buying a house is an experience that can be easy to understand from a third party perspective, but the emotions, unqiue circumstances, and swiftness of the process can be something you can never feel prepared enough for! Here are 5 things I learned when buying my first house. 1. Talk With A Mortgage Broker FIRST! This step is important. A lot of people feel nervous to give their personal and financial information before even looking at a house, but that is the proper place to start. By doing this you are avoiding any disappointment or improper expectat ..read more
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Buying New Construction
River Valley Realty Blog
by Emmalea Martin
1y ago
BUYING NEW CONSTRUCTION Trendy new finishes, never been lived in house, thoughtful layouts in picturesque communities - sounds like a dream! As real estate inventory remains low with demand staying steady, new home construction is becoming more and more prevalent. New home construction can be an excellent choice but it's very important to establish if it's the best choice for your wants and needs. New home construction comes with some nuances that are truthfully, just part of the process. We will go over them below to see if buying new, is right for you.  IS BUYING NEW CONSTRUCTION RIGHT ..read more
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Relocating to Edmonton
River Valley Realty Blog
by Emmalea Martin
1y ago
RELOCATING TO EDMONTON - ALBERTA Edmonton is the capital city of the province of Alberta. Edmonton is surrounded by subdivisions including Leduc, Spruce Grove, Sherwood Park, St. Albert, Morinville, Fort Saskatchewan, and other smaller towns that allow for close-to-city life. Edmonton is the fifth largest city in Canada and one of the youngest and fastest-growing cities in the country. Reasons To Move To Edmonton 1. Edmonton Is One Of Canada's Sunnies Cities   It logs almost 2,300 hours of sunshine a year. Partially due to the incredibly beautiful and long summer nights. In the summe ..read more
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International Buyers
River Valley Realty Blog
by Emmalea Martin
1y ago
International Home Buyers Real Estate in Canada is regulated provincially, ensure you are connected with a REALTOR® within the province you are wanting to move to. There is nothing like the feeling of taking possession of your first home in Canada! Buying a home in a new country can be stressful and you may have to jump through some extra hoops, but we are here to help you understand the process!  Figure Out What You Can Afford By Connecting With Your Bank or A Mortgage Broker Finding out what you can afford is the most important step. You can speak with the financial institution you bank ..read more
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Common Things to Look Out for Before Buying Your Dream Home
River Valley Realty Blog
by Ross Storoshenko
1y ago
It is easy to become overwhelmed when you enter the home buying market. Friends, family, colleagues, and even acquaintances will give you their opinions if you are a first time home buyer. While most of them are looking out for your best interest, they are not fully aware of what is happening in the housing market. It is important for you to be prepared and have your own questions ready. No matter what other opinions you are getting, you are the one buying the home and your comfort level will help make your final decision. Here are three important questions to ask before you purchase a home ..read more
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Why You Should Consider Selling in the Winter
River Valley Realty Blog
by Ross Storoshenko
1y ago
The season you sell your home can have an impact on how much you get for your home and how quickly it sells. The season that has the most success in selling homes is spring. This is a good time of year for families moving to new school districts and is also more convenient weather for moving. Because of this trend, most people will recommend waiting to list your home until after the winter is over. Avoiding the winter is a huge misconception in the housing industry and can cause homeowners to miss out on opportunities. Selling in the winter can give you a few advantages. There will be fewer h ..read more
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