Jason Hafso : Archived blog posts for : April 2019

New property listed in Spruce Grove, Spruce Grove

Posted on April 13, 2019 by Jason Hafso

Posted in Spruce Grove, Spruce Grove Real Estate

New property listed in Spruce Grove, Spruce Grove

I have listed a new property at 4 HEATHERLANDS WAY in Spruce Grove.

Welcome to this beautiful Lincolnberg-built home nestled in desireable Heatherglen. From the front veranda, walk into a spacious open-concept living space. Low-maintenance laminate floors extend throughout the entire home. The living room is warm and bright, featuring a south-facing picture window to let in plenty of light. The dining room allows access to the back yard through the convenient patio door. The kitchen boasts a massive pantry, plenty of cupboard space and a trendy butcher block island. Also located on the main floor, you'll find an impressive master bedroom, a second bedroom and a full bathroom. Downstairs, gather around the cozy gas fireplace in the spacious family/rec room. Plentiful storage, additional bedroom, second full bathroom and laundry/utility room are also found here. Outside, a large, nicely landscaped back yard is tough to find, but here you have space to enjoy plus the convenience of a garage and extra parking back and front. Don't miss this lovely, yet affordordable home.

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Rich in bricks but strapped for cash? How to own a home without being house poor

Posted on April 12, 2019 by Jason Hafso

Posted in buying, canada, canadians, home, house, ideas, mortgage, news, search, spending, tips

Rich in bricks but strapped for cash? How to own a home without being house poor

(NC) The term “house poor” is likely one we’re familiar with as Canadians. Given the ever-changing housing market, it’s something you may even have identified with. But what does it really mean? And how can we avoid it?

“House poor” is a situation that describes a person who “over-extends” themselves and spends an unusually large proportion of his or her total income (roughly 30-40% or more) on home ownership, including mortgage payments, property taxes, maintenance and utilities. If you’re feeling like a disproportionate amount of your income goes towards your home-related expenses, then you might be in this group.

According to the 2019 RBC home ownership poll, half of Canadians claim they would avoid a situation where they become house poor as they say it’s mentally stressful and financially irresponsible.

However, one in four Canadians does identify this way and approximately one in ten is prepared to put themselves in this position. Here are some budgeting tips to avoid it:

Adjust your expectations. Buying a home can often be about compromise. This may mean expanding your neighbourhood scope or looking at condos or townhomes instead of detached homes. The poll found that proximity to public transit and work are compromises that most Canadians are willing to make.

Take your time. Buying a home is one of the largest financial decisions you will make. Take some extra time to make sure you have saved what you need to live comfortably and understand fundamentally what you need to buy your first or next home. Creating a budget and payment plan schedule is a great way of staying on track.

Broaden your horizons. Rate is just one aspect of shopping for a mortgage, and solely focusing on it can have negative impacts in the long run. It’s important to make sure you have the right mortgage to suit a variety of needs and the flexibility to adapt to potential changes in your life. Consider the type of mortgage, term and amortization rate, as well as factors including if this is your first house, an investment property or you are buying and selling at the same time.

See just how much you can afford at rbc.com/60seconds.

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New property listed in Zone 14, Edmonton

Posted on April 9, 2019 by Jason Hafso

Posted in Zone 14, Edmonton Real Estate

New property listed in Zone 14, Edmonton

I have listed a new property at 224 2503 Hanna CRES in Edmonton.

See details here

Welcome to this gorgeous, Carrington-built, 2-bedroom/2-bathroom home. Walking in, you'll immediately notice the bright, open, floorplan. There is no lack of space here, including room for a full size dinette set. The kitchen has plenty of cabinet and counter space including a large pantry, black appliances and an island with seating room. Gleaming hardwood floors stretch through the dining and living room. Cozy up to a corner gas fireplace or enjoy a morning coffee or BBQ on the deck. The master bedroom is spacious enough for a king bed and extra furniture, yet still has a massive walk-through closet. The full ensuite is complete with his and hers sinks. A second bedroom, washroom, large laudry room with full-size washer/dryer and A/C complete the suite. Enjoy the convenience of heated underground parking and an extra storage locker. And this building is packed with amenities including a gym, car wash, movie room, social room and rentable guest suites. Don't miss this fantastic opportunity.

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New property listed in Spruce Grove, Spruce Grove

Rich in bricks but strapped for cash? How to own a home without being house poor

New property listed in Zone 14, Edmonton

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