Explore Lethbridge, AB

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 6
This question is asked of me by Lethbridge real estate and mortgage customers who sometimes have little or no experience or knowledge of the benefits or difference in where they seek financing.  Customers wonder why they should hire me to help solve their financing needs vs using any of the other...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 2
For those who know Lethbridge Alberta real estate rental marketplace, you already know that our vacancy rate is about as close to zero as it can get.  For those who are little more unfamiliar with it, I would like to provide a brief overview of what the Lethbridge real estate rental market is cur...

By Liz Toles, Lethbridge Real Estate
(MyLethbridgeRealty.com)
Comments 6
  Transaction Brokerage (formerly known as Dual Agency in Alberta) is a common practice in common law real estate. Two examples where transaction brokerage might occur would be:   - You are working with a REALTOR® as your Buyer's Agent (ideally, under an Exclusive Buyer Brokerage Agreement). The...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 3
As many of my friends and associates are aware, I am an Alumni of the University of Lethbridge.  I graduated from the U of L in 1993 and became a member of the Alumni Association the same year.  Shortly thereafter, I was appointed as a Director and the Treasurer of the Alumni Association.  I als...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 0
Several times in the recent years I have fielded questions about the history of Lethbridge or the origin of the name of the City. Since I am no expert in that particular area, I often refer people to one of my favorite local sources of information, The Galt Museum and Archives. Below is an artic...

By Liz Toles, Lethbridge Real Estate
(MyLethbridgeRealty.com)
Comments 1
As the year came to a close, there are a few things to note when looking at the Lethbridge, Alberta real estate market for the month of December: 1. Currently there are 566 homes for sale in Lethbridge (399 single family, 146 condo, 21 mobile homes) 2. 118 of those 566 listings were put up for sa...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 1
The North American Dream that has been chased by the majority of the western world for the past couple generations is much like the Parker Brother's game of Monopoly. Sometimes you get lucky and buy up all the good properties, sometimes you end up in the hospital, sometimes the tax man throws yo...

By Liz Toles, Lethbridge Real Estate
(MyLethbridgeRealty.com)
Comments 0
In my efforts to stay on top of the real estate market in Lethbridge, I make it part of my job to study what homes are for sale. And I don't limit my efforts to just the properties listed on the MLS® system. I frequently visit the FSBO sites that have a small share of the real estate listed in ou...

By Liz Toles, Lethbridge Real Estate
(MyLethbridgeRealty.com)
Comments 0
Are you considering buying a home in Lethbridge, Alberta? Are you looking for more space, a better location, an investment property? Are you pre-approved for a mortgage and ready to make your move? If you have answered all these with a yes... my next question is, "Why are you still waiting?" The ...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 3
I just read a story online about how a professional in our industry was bilked out of a large sum of money.  The story in itself is terrible, but it also points out a problem I see with the Canadian criminal code.  The criminal in the story stole almost half a million dollars, but the charge in C...

By Shaun Serafini, B.MGT
(Shaun Serafini - Mortgage Expert - All Source Mortgages )
Comments 1
This holiday season, my thoughts turn gratefully to those people who have made my success possible. It is in this spirit that I say thank-you and best wishes for the holiday season and a very happy new year. May peace, prosperity and joy be with you all!!! All the best! Shaun

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 1
Lethbridge Alberta has always had a strong reputation as a tight rental market due in large part to the University of Lethbridge and the Lethbridge College and the large number of students they attract to southern Alberta.  Of course, the first choice rentals for students tend to be the low cost ...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 3
Southern Alberta is rich with energy producing natural resource of wind power.  Out west towards Pincher Creek the number of wind turbines continues to increase yearly.  There is a lot of interest in this power generation and it is a nice alternative to coal fired electricity plants.  The proble...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 6
                                       A credit score of 650 or better is becoming a necessity for applying for virtually any type of financing.  Of course the higher the score the better, but a minimum of 650 is becoming the cut off point for many financing and insurance products.  The credit sc...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 2
  As lending criteria seem to be tightening on a weekly basis making it ever more difficult for individuals to qualify for financing, the interest rate for those who are still able to qualify continues to decline.  It is forecast that it may reach levels not seen in decades.  This morning there ...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 0
Effective today, Genworth has made a dramatic change to their mortgage insurance product for alt-a Business for Self product (also known as BFS).  The change has now made this product unavailable to commissioned income individuals!!!  This is huge!  This change will effect many professions, speci...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 1
If you currently have an Exceed, GE Money, Accredited, or Home Trust mortgage in place you should call me or another professional Mortgage associate ASAP and discuss your future plans for this mortgage product.  Recent fluctuations and changes to the mortgage and credit granting market in Canada ...

By Liz Toles, Lethbridge Real Estate
(MyLethbridgeRealty.com)
Comments 0
This week, the Lethbridge and District Association of REALTORS® (LDAR) presented it's members the challenge of donating blood at our local Canadian Blood Services clinic. Although the turnout was not as impressive as it could have been, I am proud to say that over a third of the donations came fr...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 7
The following article was released today on the CP newswire.  The prediction is for a little bit more downside, but not near as much doom and gloom as others have anticipated.  Only time will tell if they are right or wrong.   Robert May   ********************************************** Robert May...

By Robert May, Real estate consulting
(Robert W May - Lethbridge Real Estate)
Comments 0
I am the broker and owner of an independant real estate brokerage in Lethbridge Alberta.  I have been a member of the Lethbridge Real Estate Board, the Alberta Real Estate Association, and the Canadian Real Estate Association, for approximately 15 years now.  I have watched the organized real est...

Lethbridge, AB Real Estate Professionals