Calgary Real Estate - Amin Hedayat

Amin Hedayat
CENTURY 21 BAMBER REALTY LTD.
1612 - 17 AVENUE S.W., Calgary, Alberta
P: 403-245-0773F: 403-476-5399
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Recent Blog Entries

New Listing - C3521945 - May 10, 2012

Just added this listing: "Open House SAT- SUN May 12 and 13th from 1 to 4 pm - Builder provides 650 ...

New Listing - C3521948 - May 10, 2012

Just added this listing: "Open House SAT- SUN May 12 and 13th from 1 to 4 pm - Builder provides 650 ...

Just Sold - C3519441 - May 10, 2012

Just sold this listing: "Open House - 28-29 April FROM 12 TO 4 PM-Modern & timeless luxuries gracef ...

New Listing - C3519515 - Apr 26, 2012

Just added this listing: "Open House - 28-29 April FROM 12 TO 4 PM-Modern & timeless luxuries grace ...

New Listing - C3519441 - Apr 23, 2012

Just added this listing: "Open House - 28-29 April FROM 12 TO 4 PM-Modern & timeless luxuries grace ...

Tuesday, October 18, 2011 - Building Starts Rise Sharply in September: CMHC

In contrast to the Stats Can figures released last week, that suggest that building permits took a heavy hit, building starts data from CMHC for September beat expectations in the other direction. Boosted by a surge in starts for condominiums, September starts were a seasonally adjusted 205,900 units last month. This builds on August’s starts, which were upwardly revised to 191,900 from 184,700. “Housing starts picked up in September due to an increase in multiple starts in the ... Full Article...

posted in General at Tue, 18 Oct 2011 16:57:27 -0600

Tuesday, October 18, 2011 - High Hopes for Canada to Lead G7 in GDP Growth

A recent poll of economists done by Reuters suggests that much of the world is placing their confidence in the stalwart Canadian economy to lead the way back to stable financial footing. Most of the respondents expressed a lack of optimism in many markets across the world, with a significant downgrade in expected growth from the last poll done in July. The world economy is now expected to grow by 3.8% for 2011, and only 3.6% for 2012, down significantly from the 4.1% and the 4.3% from the last ... Full Article...

posted in General at Tue, 18 Oct 2011 16:46:58 -0600

Tuesday, October 18, 2011 - Breathing a sigh of relief

Brokers, realtors, homeowners, and those looking to get into the housing market can breathe a little sigh of relief. Minister of Finance, Jim Flaherty, said in a meeting on Wednesday that he doesn’t foresee having to intervene with more mortgage regulations to curb our hot real estate market. Flaherty stated that only if they foresee a bubble in our housing market will they step in to try and control the situation. If they happen to see dramatic increases in home prices across the coun ... Full Article...

posted in General at Tue, 18 Oct 2011 16:34:59 -0600

Tuesday, October 18, 2011 - Avg. Canadian resale home prices up by 6.5 per cent

Avg. Canadian resale home prices up by 6.5 per cent OTTAWA — A September surge in home buying helped boost the number of Canadian homes sold in the first nine months of this year an unexpected 1.2 per cent compared to the same period last year, according to figures compiled by the Canadian Real Estate Association. Sales of existing homes rose 2.7 per cent in September compared with August, according to a monthly report released Monday by CREA. On a year-over-year basis, home sales in Se ... Full Article...

posted in General at Tue, 18 Oct 2011 13:46:30 -0600

Tuesday, September 6, 2011 - Refinancing Activity Drops by 40%

Refinancing Activity Drops by 40% Mortgage refinancing activity has dropped by a steep nearly 40% after Flaherty introduced new lending and amortization policies intended to control debt. Some economists suggest that this indicates the level and the depth to which CMHC was involved in some risky lending practices. Although CMHC’s financials indicate a steep drop, has this really trickled down, across the board into local markets? Not really, as Brad Compton, Mortgage Agent, Invi ... Full Article...

posted in General at Tue, 06 Sep 2011 19:51:11 -0600

Friday, August 19, 2011 - Canadian Housing Market Continues to be Strong in Face of Adversity

You can shake it, you can try to knock it down with the force of global economic crisis, but the Canadian housing market is proving resilient- this according to recent remarks made by BMO economists. On the heels of the release of data suggesting that home resales rose by 12.3 % in July, year-over-year , Douglas Porter, Deputy Chief Economist, BMO Financial Group said: “Canadian housing remains surprisingly robust, thanks to still-low interest rates and solid job growth .While the st ... Full Article...

posted in General at Fri, 19 Aug 2011 08:45:48 -0600

Friday, August 19, 2011 - Home Maintenance Tips for Fall

Fall is the time to get your home ready for the coming winter, which can be the most gruelling season for your home. Canada Mortgage and Housing Corporation (CMHC) suggests you perform a variety of tasks which will help you to avoid the most common — and costly — problems before they occur. Some of these tasks are: •Ensure leaves and other debris are removed from eavestroughs and downspouts for proper drainage from the roof. Ensure that downspouts direct water away from th ... Full Article...

posted in General at Fri, 19 Aug 2011 01:07:10 -0600

Thursday, August 18, 2011 - Ã¢Â?Â?Dual Agency is the Ultimate "Bait and Switch."

“Dual Agency is the Ultimate "Bait and Switch." Dual agency is when real estate agents claim to represent both the buyer and the seller on the same transaction, creating an impossible conflict of interest. It is branded (even marketed) and legalized under different names depending on the state. It is often misnamed designated agency or facilitator. Despite attempts to distinguish these terms, they all end up meaning the same thing – legalized fraud. Although the term &ldqu ... Full Article...

posted in General at Thu, 18 Aug 2011 11:41:08 -0600

Wednesday, August 17, 2011 - Android Grabs Global Market Share

According to a new report, Android has snapped up nearly half of the market share globally amongst smartphone platforms, leaving the competitors in the dust. Research firm Canalys, says that 35 of the 56 countries surveyed, reported that Android was the most popular platform amongst smartphone users. The Asian Pacific Market was the largest regional market. According to this survey, Apple’s popular iPhone is a distant second, with only a reported 19% of global market share- although the ... Full Article...

posted in General at Wed, 17 Aug 2011 19:53:38 -0600

Sunday, February 20, 2011 - Alberta 2011 Market Overview

Alberta Overview The recovery of oil prices is providing a welcome boost to the Alberta economy. Provincial crown petroleum and natural gas rights were auctioned at record values in 2010, which will lead to higher drilling and energy exploration in 2011. Investment in oil sands projects will also continue to grow, accelerating economic growth in Alberta. The natural gas industry will continue to be impacted by a low price environment and its contribution to the economy will be muted until pri ... Full Article...

posted in General at Sun, 20 Feb 2011 22:51:18 -0700

Wednesday, January 26, 2011 - Your Down Payment Affects Everything

Your Down Payment Affects Everything Your First Step Toward Buying a Home When preparing to buy a home, the first thing many homebuyers do is look at “homes for sale” ads in newspapers, magazines and listings on the internet. Some potential buyers read “how-to” articles like this one. The next thing you should do – before you call on an ad, before you talk to a Realtor, before you shop for interest rates – is look at your savings. Why? Because determining ... Full Article...

posted in General at Wed, 26 Jan 2011 12:56:46 -0700

Wednesday, January 26, 2011 - The Lending Process

The Lending Process Once you’ve found the home you want and negotiated a price that you and the seller agree on, it’s time to get your loan. When you submit a loan application, you can expect to complete lots of paperwork and provide information about your employment history, financial assets and liabilities, and credit. You may also be required to pay an application fee. The next step is to lock-in the current interest rates and points for your loan of choice for anywhere from 30 d ... Full Article...

posted in General at Wed, 26 Jan 2011 12:38:20 -0700

Friday, January 21, 2011 - Slow recovery expected for real estate market

Slow recovery expected for real estate market The Calgary Real Estate Board is predicting a slow recovery in the market for 2011. Officials say it is a buyers market right now with a lot of supply. Board President Sano Stante says that sales of existing homes will increase 20 per cent this year however the average price of a single family home will only go up 4 per cent to $480 thousand. He says the 20 per cent increase in sales is relative to the dramatic drops seen in the market in the pa ... Full Article...

posted in General at Fri, 21 Jan 2011 20:22:11 -0700

Wednesday, July 7, 2010 - Calgary Stampede 2010

Calgary Stampede 2010 Source:http://cs.calgarystampede.com/blog/2010/06/30/spotlight-on-the-extreme-cowboy-race/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+CalgaryStampede+%28Calgary+Stampede%29

posted in General at Wed, 07 Jul 2010 11:22:52 -0600

Wednesday, July 7, 2010 - 10 ways to deal with Foreclosure

10 ways to deal with Foreclosure If you are about to go into foreclosure, there are some options available to you depending on your location and a few variables. However, should you find your self in this situation, contact me and let me help you. Below are the most common options if you are either in default or anticipating being in default. 1. Reinstatement of Loan (Cure): 2. Repayment Plan: 3. Loan Modification: 4. Forbearance Agreement: 5. Special Forbearance (FHA Loans only): 6. Dee ... Full Article...

posted in General at Wed, 07 Jul 2010 10:53:41 -0600

Tuesday, July 6, 2010 - Credit Score Insights

Credit Score A credit score is a number that indicates how likely a borrower is to repay future debts. Credit scores speed up the mortgage approval process for many people because they identify low-risk borrowers quickly. The most common credit score used by lenders is the FICO® score, which ranges from 300–850. The higher the score, the better. The FICO score is generated by a mathematical formula (called a scoring model) developed by Fair, Isaac Corp. Your FICO score affects how much m ... Full Article...

posted in General at Tue, 06 Jul 2010 18:01:34 -0600

Tuesday, July 6, 2010 - The Power of Mortgage Prepayments

The Power of Mortgage Prepayments Canadians seeking a sure-fire investment return should look no further than their mortgage. Paying it down as quickly as you can will, in most cases, result in a stellar return on your investment. Prepayment options are worth exploring because paying down even a small amount of principal (the true cost of the mortgage loan minus the interest) has huge benefits over the life of a mortgage. Mortgages are front-loaded when it comes to interest meaning, in the ea ... Full Article...

posted in General at Tue, 06 Jul 2010 14:25:58 -0600

Monday, June 14, 2010 - Top 10 Tips for Home Buyers

Top 10 Tips for Home Buyers 1. Check your credit score. Get your credit history in order before beginning the home buying process. 2. Develop a monthly budget based on your income and expenses so that you can determine what is realistically affordable in terms of a mortgage payment. 3. See a lender first. Shop around — compare various mortgage lenders and find one that will work well with you and your situation. 4. Needs vs. Wants — what features do you need in a new home versus ... Full Article...

posted in General at Mon, 14 Jun 2010 23:24:19 -0600

Thursday, June 10, 2010 - Credit Score Secrets

Credit Score Secrets By Gail Vaz-Oxlade, for Yahoo! Canada Finance Ever wonder how that magical number – The Credit Score – is computed? Whether you’re obsessing over your FICO score or your Beacon score, you’re likely shopping for credit. The FICO score was developed by Fair Isaac & Co., which began credit scoring in the late 1950s. The point of the score is consolidate your credit profile into a single number. The Beacon score is a brand name used by Equifax, the l ... Full Article...

posted in General at Thu, 10 Jun 2010 16:19:10 -0600

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