Providing our viewers with Quick Tips from Real Estate Lawyers here in Calgary. We never want you to be left confused so follow these insider suggestions to help you get by with less stress.
QUICKTIP #1 – A Great TIPP!
January is a great time of year, daylight is getting longer, spring is around the corner and the local municipalities will set you up on monthly taxes without issue.
Most Municipal Districts and cities have a monthly tax payment option called TIPP (Tax Installment Payment Plan). Property taxes run from January to December each year. You can pay yearly, usually mid-way through the year, in full or through these monthly direct debits from your account.
It is usually simple to set up as a phone call to the City (Calgary is 403 234 7480) and they will email you an application form which you fill out and send back in.
TIPPS – it is simple to do and simple to help with your budgeting!
QUICKTIP #2 – Subtraction Through Addition!
Saving money on your house and car insurance can be done in a variety of ways. One of the easiest ways is to ensure that you are getting what is called “multiple rider discounts”.
Some of our clients use 2 or more insurance companies for their insurance coverages. Sometimes this happens because two people in a relationship have loyalty to their existing insurance provider.
By combining insurance coverage for your house(s) and vehicles with 1 provider you can obtain savings for each insurance policy you bring in addition to your current coverage. Make sure to ask for these discounts and to shop around as these discounts will vary by company.
QUICKTIP #3 – Get in Lock-Down Mode
Just bought a home? An important question to ask is, who do you know that has keys to your new home? More importantly, who may have keys that you don’t know?
We always advise home buyers to have the doors to the home rekeyed after they take possession. Make sure to do it sooner, rather than later. The Seller may seem like a friendly sort but there may be people they know who have been given keys but haven’t given them back yet. Who knows maybe the Seller isn’t as “friendly” as you think!
By rekeying the locks in your new home, you can rest assured that you are now fully in control of the home and that you have helped reduce a major risk for yourself.