Calgary’s hot homes market means buyers need their ‘ducks in a row'

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Calgary’s hot homes market means buyers need their ‘ducks in a row' yyc yychomes

The best way to do that is to have a down payment ready along with a pre-approval for a mortgage amount.

She suggests working with a mortgage broker who can do a “deep” pre-approval process so all the necessary documents like proof of income and employment are ready. That way, a buyer can make an offer that can have funding in place more quickly, increasingly the likelihood of success.An experienced agent can be a difference maker when preparing a successful offer.

Additionally, veteran agents are more likely to consider clauses in offers that increase the chance of success, including an “escalation clause,” he adds.

 

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