#FHF Post – Instagram

#FirstHomeFriday – July 6th, 2018

Check out this AWESOME listing from Elizabeth Brousseau and Tammy Forrest at Remax First!

List Price: $394,900

Minimum Down Payment: $19,745

Minimum Mortgage Payment: $1,738

This is just an adorable first home in Cooperfield.  It’s amazing to think that you can still own a single family home, with no condo fees, for 5% down and have mortgage payments as low as $1,738.  Average rent for this type of property in SE Calgary is $1800-$1950/month.

When you pay rent, 100% of your payment each month is going towards helping your landlord pay the mortgage.  When you’re a homeowner, with a variable mortgage rate of 2.45%, 50% of YOUR mortgage payment is going BACK into your pocket because it’s reducing the overall mortgage owed to the lender, (your principal).

When you pay rent, 100% of your payment each month is going towards helping your landlord pay the mortgage.

If you have an annual household income (that means the combined income of you and your partner), of about $85,000, you have $20,000 in RRSP’s, available via a gift from a family member OR possibly available to you on a line of credit, there is a chance that we could help you purchase this home.  Give me a call or a text anytime to dicuss!

MLS Details:

***Finally a TRUE OVERSIZED GARAGE***Plus a $5000 allowance for upgrades of your choice*** (ask your agent for info) JUST been given a major makeover with NEW PAINT, CARPET & HOT WATER TANK. It truly feels like a brand new home! The layout is perfect, YOU WILL BE IMPRESSED with the space for your whole family, the main floor welcomes you to the home with a bright front living area, perfect for socializing! The kitchen/dining area are waiting for your family gatherings and you are sure to love the back entry space with perfect access to the DREAM GARAGE! Have older kids or a room mate? The lower level is finished with a HUGE family room, 4th bedroom and 3pc bath. THE STANDOUT feature of the home (value+++) is that garage with 220, 10 foot ceilings, 18 x 8 doors and run with coaxial cable and H2O… Imagine this…you CAN pull in your big truck, run your welder, watch the game on a big screen AND set up a mini bar with sink! Imagine the ease of working on your projects from the comfort of your backyard!