Beyond the Down Payment: Understanding the Full Cost of Buying a Home in Saskatchewan
Schmid Realty Blog
by Jenna Schmid
14h ago
Buying a home in Saskatchewan is an exciting venture, but it’s important to be aware of the additional costs beyond the down payment. These hidden expenses can impact your budget significantly, so it’s essential to plan for them. Here’s a breakdown of the various costs associated with buying a home in this beautiful province: 1. Legal Fees When purchasing a home, you’ll need a lawyer to complete your real estate transaction. Legal fees in Saskatchewan typically range from $1,000 to $2,500, depending on the complexity of the purchase and the lawyer’s rates. These fees cover the cost of preparin ..read more
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Dealing with Problematic Tenants in your Rental Property
Schmid Realty Blog
by Jenna Schmid
1M ago
As a landlord, dealing with problematic tenants can be a stressful experience. It’s important to approach the situation in a professional manner and be aware of your rights as the owner of the rental property. Here are some tips for dealing with troublesome tenants: Establish Clear Rules: Before renting out your property, it’s important to make sure that all potential tenants understand your rules and expectations. Make sure to communicate any rules or regulations clearly at the start of the tenant-landlord relationship so there is never any confusion or miscommunication down the line.   ..read more
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Mortgage Basics 101
Schmid Realty Blog
by Jenna Schmid
2M ago
Have you recently stepped into the exciting world of homeownership? Congratulations! But wait, are you feeling a bit overwhelmed by the various mortgage options available in Canada? Don’t worry, you’re not alone! The real estate market can be quite different from province to province, and there are many factors to consider. That’s why we’re here to help you navigate the mortgage landscape and explore the different options available. Whether you’re looking for variable rates or fixed terms, there’s a diverse array of Canadian mortgage options to suit your needs and help you achieve your homeown ..read more
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Understanding Home Valuations
Schmid Realty Blog
by Jenna Schmid
6M ago
The value of your home is a critical factor of homeownership, from potential resale to financial planning. Understanding how home valuations work is essential for homeowners planning to sell a home, prospective buyers, and anyone involved in real estate transactions. In this comprehensive guide, we’ll delve into the various methods used to determine a property’s value and provide insights into factors that can influence these valuations.   Market Comparisons One of the most common methods used to assess home value is through a comparative market analysis (CMA). Experienced REALTORS® analy ..read more
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The Benefits of Using a Real Estate Agent When Buying or Selling a Home
Schmid Realty Blog
by Jenna Schmid
6M ago
Buying or selling a home can be an exciting but overwhelming experience, and it’s natural to feel unsure of where to start. While the internet is a great resource, it’s easy to get lost in all the information available. That’s where a real estate agent can help! They are experts in the local market and can provide valuable guidance and support throughout the entire process. Here are some of the many benefits of using a real estate agent when buying or selling a home.   Market Knowledge Immersed in the business day in and day out, real estate agents have a wealth of knowledge about the loc ..read more
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3 Programs Every Canadian First-Time Home Buyer Should Know About
Schmid Realty Blog
by Jenna Schmid
7M ago
Becoming a first-time homebuyer is an exciting milestone, but it can also be a daunting and financially challenging endeavour. Luckily, there are several programs and incentives available to help Canadian first-time homebuyers make their dreams of homeownership a reality. Today, we are going to explore 3 of the key programs that every Canadian first-time homeowner should know about.   1. The First-Time Home Buyer’s Tax Credit The First-Time Home Buyer’s Tax Credit is a federal program designed to provide financial relief to first-time homebuyers. This non-refundable tax credit allows elig ..read more
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6 Saskatoon Festivals to Keep You Busy for the Rest of the Summer
Schmid Realty Blog
by Jenna Schmid
9M ago
Summer is always a season of spending time with friends and family, soaking up the sun, and taking a break from the stresses of the school year. As we move into August, though, the initial excitement from the start of the season starts to wear off. We’ve settled into the routine of it all and boredom has taken hold to a point where many of us can’t wait for school to start again just so we have something to do! Don’t let monotony get the best of you this summer. Here are 6 incredible festivals happening right here in Saskatoon to keep you and your family entertained right up until Labour Day ..read more
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Your Guide to Buying a Fixer-Upper
Schmid Realty Blog
by Jenna Schmid
10M ago
If you’ve ever been sucked into an HGTV binge watching rabbit hole, there’s a good chance you’ve toyed with the idea of buying a home that needs a little TLC. Surely if the perfectly manicured lady in the stilettos and a sundress can rehaul a graffiti-laden hovel into a cozy family home, surely you can too. However, before jumping into buying a fixer-upper, it’s important to weigh the benefits and drawbacks you can expect.   The Benefits of Buying a Fixer-Upper Buying a fixer-upper home may seem like a daunting task, but it can also be a great investment for many reasons. Not only can it ..read more
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7 Tips for Saving Energy At Home
Schmid Realty Blog
by Jenna Schmid
11M ago
With the cost of living continuing to climb with inflation, many of us are looking for new ways to save on our expenses. Sure, you can cut back on the daily Starbucks visits and finally cancel that one subscription you aren’t even using. However, neither will cut down on the one bill everyone dreads each month—power. Electricity has undoubtedly made our lives much easier but has also made them much more expensive. However, there are many ways we can save energy at home to lower that power bill and keep some extra cash in our pockets.   1. Optimize Heating & Cooling The weather in Sask ..read more
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Choosing the Best Home Inspector
Schmid Realty Blog
by Jenna Schmid
1y ago
One of the most important steps in buying a home is a quality home inspection. And the key to getting a good one is finding a good home inspector in your area. However, a quick Google search could yield hundreds of results, all claiming to be “the best”—so how do you weed through them? Do you go with the first result? Surely they must be popular, right? Or do you choose the home inspector listed at the best price? Affordability isn’t always a bad thing… There are many ways to filter through the seemingly endless list of local home inspectors. But, as experienced Saskatoon REALTORS®, trust us w ..read more
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