Found 2 blog entries tagged as Home Buying Tips.

How to Buy a Home in Leduc: A Step-by-Step Guide for First-Time Buyers

By Blu & Jenniffer Erick | MaxWell Polaris

Buying your first home is a huge milestone—exciting, rewarding, and, let’s be real, sometimes a little intimidating. But don’t worry—we’re here to help make the journey as smooth (and even fun!) as possible.

As local real estate experts in Leduc, we’ve created this simple step-by-step guide to help you feel confident, informed, and ready to buy your first home.

Step 1: Know What You Can Afford ????

Start by figuring out your budget. This includes more than just the price of the home—you’ll also want to factor in:

  • Mortgage payments

  • Property taxes

  • Insurance

  • Utilities and maintenance

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Hot Water Tanks vs. Tankless Water Heaters: What’s the Difference?

When it comes to heating water in your home, you've got two main options: traditional hot water tanks (also called storage water heaters) and tankless water heaters (also called on-demand systems). Both have their pros and cons, and the right choice depends on your household size, budget, and hot water usage habits.

Let’s break it down.

How They Work....

Hot Water Tank (Storage Heater)

  • Function: Stores a large volume of hot water (typically 30–80 gallons) and keeps it hot at all times.

  • Heating Source: Usually gas or electric.

  • Delivery: Hot water is ready when you need it, but once the tank is empty, you have to wait for it to refill and reheat.

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