Sonia's Real Estate Blog

Many people think about just the cost and the interest rate at which they can get a loan while buying a new home. However, the lending process in extremely important and there are other costs that you should consider as you prepare to buy any property. As both a licensed REALTOR® and Mortgage Broker, I’ve come up with a few tips to keep in mind while buying a house:

1. Have a Trusted Realtor® It is no secret that Realtors® get a cut of the sale price of the house. This makes some buyers hesitant to hire one, believing it drives the overall rate up. The seller and not the buyer pays the commission rate. Listing agents (the agent who represents the seller) in most cases does not have your interests in mind and can simply keep both sides of the commission. It means that you are saving no money. Having a Realtor® in your corner can help you a great deal. The Realtor® will help negotiate the price and also inspect the home thoroughly for any defects.

2. Remember That Purchasing a House Involves Contracts There are many papers and documents to sign while going through the process of buying a home. Many of these papers look like standard contracts with no room for negotiation. However, this isn’t true; contracts are meant to be negotiated. There is no need for you to sign a standard agreement. Realtors® come in handy when you require more time for reviewing the house inspection, or wish to have a radon test or need a mortgage approval.

3. Focus on Your Future Plans Buying a house is one of the biggest financial commitments that you might make. However, before buying your dream house you should consider these points:

• Do you plan to continue working at your current job?
• Are you getting married in the near future?
• Are you considering having kids?

If yes, based on the market conditions and terms of the mortgage, you will end up paying for your mortgage over the duration of the loan. It’s important that you keep your future plans in view while considering buying a home.

4. Keep Commitment in Mind When you are planning to get married the laws generally determine how your assets will be treated & how will they be distributed if you get a divorce. These rules do not necessarily apply when you’re single. You have to think about the future. If you purchase a house with someone who isn’t your spouse, having an exit plan if things don’t go too well is a good idea. Make sure to have an agreement made with respect to mortgage payments, repairs, titling and liability. It is better to take the assistance of a lawyer and get all of this in writing.

Buying a home is a major financial commitment and getting it right is about taking a 360-degree view of your current and future situation and needs. This will help ensure you are able to make the proper provisions while purchasing your home, without straining your finances excessively.

Whether it’s your first time buying a home or you’ve bought and sold property a dozen times before, teaming up with the right Sherwood Park & Edmonton Area REALTOR® is the critical first step in making a great experience.

Sonia Tarabay puts her inner tiger to work for each and every one of her home­-buying clients, delivering outstanding 5 Star Service every time. When you’ve got Sonia on your side, buying a home is easier, faster, and way more fun!

If you are planning on redecorating your home, you will want to check out what products are available in the market. Since there are a large number of furniture stores in Edmonton and Sherwood Park, it is a good idea to conduct a bit of research before going furniture shopping. This will help you identify what these stores specialize in and what they sell.

Here we look at 10 different stores that you can visit to find the furnishings, décor, furniture and other interior products you need. These stores offer various styles ranging from traditional to modern and everything in between. Typically most stores require ordering although some of them have ready stocks and you can buy the product off the shelves.

Aspects to Keep In View before Buying Furniture

Before buying any furniture for your house keep a few pointers in your mind such as:

• The available space
• The styling of the existing furniture
• Materials used in the furniture
• How often you have guests over
• Your personal preferences
• Your budget

The top 10 furniture stores in Edmonton

1. URBAN BARN With locations in both Edmonton and Sherwood Park, this store hosts a variety of contemporary and traditional pieces as well as a variety of home decor items to help you make the most out of your space.
2. CHINTZ & COMPANY Situated near 10502 – 105th Ave NW in Edmonton, this store is known for the chic and traditional twist used in their furniture. Unique details are incorporated in all the products, which add a distinctive look to them.
3. RESTORATION HARDWARE Located in Southgate Centre 5015-111st, this store provides customers with a large selection of furniture products. Known for their clean and classic looks with rustic raw elements, this store offers a lot more to customers who are looking for something unique that stands out.
4. POTTERY BARN Located on 8882-170 St, Pottery Barn offers a large selection of various products ranging from traditional, contemporary, a touch of rustic and nautical features.
5. CRATE & BARREL This store is known for its mid-century products with a few modern features and warm clean lines. It is located at Southgate Centre 5015-111 St
6. PIER 1 IMPORTS Furniture that is manufactured here has an ethnic exotic flavour. They have traditional and contemporary styled furniture. The store is conveniently located with locations in both Edmonton & Sherwood Park.
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7. HOME ENVY FURNISHINGS Located at 5240 Windermere Blvd (Edmonton) and #16-9175 Broadmoor Blvd (Sherwood Park), HEF is known for its Canadian made solid wood furnishings and accessories – made to order! Give your home a personalized touch with custom-made pieces from Home Envy Furnishings.
8. RESIDE FURNISHINGS It is an Edmonton based company, known to incorporate industrial and rustic elements to their products. Located at 10434 Mayfield Rd buyers who want an older and rustic look can opt for products from this store.
9. OLD HIPPY WOOD PRODUCTS If you’re looking for a custom piece to add character and a unique flair to your space, look no further than Sherwood Park’s own Old Hippy. Locally made, these furniture pieces maintain the unaltered characteristics of the wood used to ensure an authentic piece just for you.
10. SOFA LAND  Newly opened in Sherwood Park, Sofaland has been family owned and operated since 1992. They have a variety of modern, traditional, and quality furniture at an affordable price.

If you are located in Edmonton or Sherwood Park, you can choose from any of these stores that provide excellent and well-designed products. Good quality products will not only enhance the aesthetics of your home but improve its value as well. Want some more tips or are looking to sell your home? Get in touch with me today, Sonia Tarabay – Top 100 REALTOR® RE/MAX WORLDWIDE. 

Still looking for ideas to keep your family busy this summer? Here are a few awesome ideas that your family will love! Whether it’s an indoor or an outdoor activity, be sure to check these out!

Summer in Sherwood Park
http://www.strathcona.ca/departments/recreation-parks-and-culture/activities-and-schedules/

100 Things to do with kids this Summer
http://www.sixsistersstuff.com/2012/05/100-things-to-do-with-kids-this-summer.html

Cooking with your kids this Summer
http://www.bettycrocker.com/how-to/tipslibrary/cooking-tips/summer-cooking-with-kids

Sherwood Park Spray Decks

Check these out along with the new Spray Park and Playground sponsored by Re/Max Elite
http://www.strathcona.ca/departments/recreation-parks-and-culture/parks-trails-sports-venues/spray-decks/

If you are looking to move before the kids get back to school, give me a call, (780) 707-6015 or send me an email soniatarabay@remax.net. I would love to help you! Happy Summer everyone!