Getting approved for a mortgage can be a challenging process, especially in today’s market where interest rates are on the rise. However, there are a few steps you can take to increase your chances of getting approved for a mortgage, even in a challenging economic environment.
One of the most important things you can do to increase your chances of getting approved for a mortgage is to improve your credit score. A higher credit score will signal to lenders that you are a responsible borrower who is more likely to repay the loan on time. This can be done by paying off any outstanding debts, disputing any errors on your credit report, and making sure to make all of your payments on time.
Another way to increase your chances of getting approved for a mortgage is to save as much money as possible for a down payment. A larger down payment will signal to lenders that you have the financial means to repay the loan and will also help to lower the overall cost of the loan by reducing the amount you need to borrow.
Additionally, it’s a good idea to be realistic about the type of home you can afford. Lenders will take a close look at your income, expenses and debt load when determining how much they are willing to lend you. It’s important to be realistic about what you can afford and to look for a home that is within your budget.
Lastly, it’s a good idea to shop around for a mortgage and to compare offers from different lenders. This will help you to find the best interest rate and terms for your needs.
In conclusion, getting approved for a mortgage can be challenging in today’s market where interest rates are on the rise. However, by improving your credit score, saving for a down payment, being realistic about what you can afford, and shopping around for a mortgage, you can increase your chances of getting approved for a mortgage and finding a home that fits your budget and needs.
Buying a home is a significant decision and a major milestone in anyone’s life. If you’re thinking of making a purchase during the Lunar New Year, here are a few things to consider:
Timing: The Lunar New Year is a busy time of year, with many people taking time off work and traveling to be with family. This can affect the real estate market, as there may be fewer homes available for viewing and a potential slowdown in the buying process. It’s important to keep this in mind when making a purchase during this time.
Good luck: Some people believe that buying a home during the Lunar New Year brings good luck and prosperity. This may be a factor in your decision to make a purchase during this time.
Financial considerations: As with any home purchase, it’s important to consider your budget and financing options. Make sure you have a clear understanding of your financial situation and seek advice from a financial advisor or mortgage broker if needed.
Research the market: It’s important to do your research and have a good understanding of the real estate market in your area. Look at prices of similar homes, consider the location and amenities, and take the time to look at a few different properties to get a sense of what’s available.
By considering these factors, you can make an informed decision about buying a home during the Lunar New Year. While it may be a busy time of year, with careful planning and consideration, it can also be an opportune time to make a purchase.
It’s time to flip your expectations!
Introducing Quesnay at Currie (PRON. ke-nay), Rohit’s latest designer condo development. This exciting inner-city project in the history-rich, southwest Calgary community of Currie is flipping the expectation on condo living by introducing purposefully designed, magazine-worthy homes with all the details included.
The Community
Currie is a community built on nearly 100 years of optimism, momentum, and growth. Since its origins as a Canadian Armed Forces Base built in the 1930s, the area has been continually reimagined as the world changed around it. Today it retains a sense of this history while providing a vibrant, contemporary home to a new generation of Calgarians.
There’s lots of room to play in Currie with 23 acres of green space. The heart of the community is Alexandria Park, which features an off-leash Bark Park, playground, walking paths, and an amphitheatre among beautiful greenery. Quesnay is just across the street from Burwood Distilleries and a short walk from The Inn on Officers’ Garden and Wild Rose Brewery.
Currie is only a 7-minute drive from downtown or a 15-minute bike ride, making your commute to the office easier. After work, experience the best in shopping, dining, and entertainment Calgary has to offer at nearby Marda Loop and 17th Avenue SW Retail and Entertainment District.
Just outside of Currie there’s even more to explore. Heritage Park Historical Village is a living history museum set on 127 acres of scenic greenspace. The ever-popular North Glenmore Park sits on the north side of Calgary’s reservoir and is home to the Calgary Canoe Club and Calgary Rowing Club. And to truly immerse yourself in nature, visit Weaselhead Flats near the Elbow River. This park has 585 acres of hiking, wildlife, and adventure.
The Project
Quesnay at Currie consists of 2 buildings, with a total of 211 units. There are a variety of floorplans ranging from 469 – 938 sq ft with 1 bedroom studios, 1 bedroom plus den plans and 2-bedroom suites.
You’ll love showing off the modern lobby to your guests. It features a stunning lounge area with a unique, hand-made organic-looking sofa, angular ceiling treatments, shimmering beaded wall curtains, and brass coloured elevators.
Your new home comes standard with our magazine-worthy Designer InteriorsTM. We have considered every detail with these upscale globally-inspired interiors so you won’t have to. Every suite comes with a titled underground parking stall. No more warming your car up on a cold winter’s morning!
Quesnay features extensive landscaping and a terraced common area where you can lounge around or meet up with your new neighbours.
Now Selling
We have launched sales of Quesnay at Currie. Suites are selling quickly so don’t miss out! Learn more at https://rohitcommunities.com/calgary/communities/quesnay-at-currie.
Rohit Communities Saskatoon Has Broken Ground
Building on over six years of success in Regina, Rohit Communities has expanded its home building operations into Saskatoon. Our groundbreaking in March 2022
“We are so excited to bring our dedication to purposeful design and excellent customer service to Saskatoon,” said Gordon Vindevoghel, Vice President, Communities, Saskatchewan. “The community of Brighton is the perfect neighbourhood for Rohit to get started making our mark in Saskatoon. The Brighton Marketplace, parks, amphitheater and other outdoor spaces give Brighton a unique community vibe.”
Available Homes
Our groundbreaking in March got us started with our first three available home models—the Lawrence, Dakota and Bridgeport. All 3 plans are award-winning and popular among homebuyers across western Canada.
The Lawrence is a Rohit favourite, with over 1400 square feet of living space, a double front attached garage, stylish foyer, walk-through pantry, and an oversized living room on the main floor. The second floor boasts an impressive master bedroom complete with a walk-in closet and ensuite. You’ll also find a second-floor laundry room to help make the laundry a breeze, a bonus room perfect for your home office, and two more sizeable bedrooms!
The Dakota also features over 1400 square feet of living space and includes a double front attached garage, tons of storage space, and an open concept main floor. The upstairs is designed with you in mind—second floor laundry, bonus room, master bedroom with ensuite, walk-in closet and two additional bedrooms! Perfect for families.
At almost 1500 square feet with a double front attached garage, the Bridgeport is the home you never knew you needed. With an oversized island, large walk-in pantry and quartz countertops, this kitchen is perfect for entertaining friends and family. When you head upstairs, you’ll see a large bonus room for movie nights, second floor laundry to help make laundry a breeze, and a master bedroom that you can call your own sanctuary.
Upgrades Come Standard
All our homes in Saskatoon come with upgrades included: quartz countertops, tile backsplash, two-toned cabinets, high-end fixtures, LED lighting package, LVP flooring throughout the main floor. Rear deck and full landscaping are included as well so that our homeowners can move in and be ready to start living. And best of all – no condo fees!
With three Designer Interiors™ to choose from—Coastal Villa, Loft Living, and Urban Farmhouse—we provide magazine-worthy homes without the custom price tag.
Communities
Live close to what you love in Brighton, Saskatoon’s popular southeast neighbourhood. Brighton features an interconnected transportation system that balances the needs of motorists, pedestrians, and cyclists. Brighton Marketplace offers many amenities including gyms, grocery, and a movie theatre mere seconds away from your home. Just step onto the regional pathway system and walk or bike the many trails that connect the community amenities!
To learn more about our available homes in Saskatoon, visit the website www.rohitcommunites.com/saskatoon
From our iconic Boho Chic feel, to our modern Glass Tower look, Rohit Communities has been specializing in interior design for decades. By drawing inspiration from cultures all over the world, understanding our customers, and staying up to date on the latest trends, we work together to create magazine-worthy looks that allow your personality to shine through in your home! What are these professionally curated looks called? We call them Designer Interiors.
With the creation and launch of our three new Designer Interior concepts, Refined Rebel, Fresh Woods, and Bauhaus Bold, we thought we’d do a deep dive into what it really takes to create the perfect Designer Interior! We sat down to interview our Director of Marketing, Amy Power, and our Head Interior Designer, Elena Moezzi, to pick their brain on the process behind creating our iconic Designer Interiors (DI’s)!
Why does Rohit Communities offer set DI’s that come standard with homes?
Amy: “Our Designer Interiors are our niche in the market. As a production home builder, we don’t believe that means you have to settle for a home that doesn’t showcase your unique style. But we also know our customer doesn’t always have the time to select each and every element of their homes finishes. So we’ve brought in the experts. Each Designer Interior is meticulously crafted by a team of Designers who know how each element will work together to really showcase the style.”
What inspired the creation and launch of three new Designer Interior concepts this year?
Amy: “As your Designer Homebuilder, we’re always staying on top of new design trends, and this year we wanted to bring some fresh new styles to our offerings. We also had an incredible talent join our team last year as an in-house designer: Elena, who comes with a wealth of knowledge, international experience and such an inspiring artistic flair. We really wanted to give her the freedom to innovate, rethink some of our assumptions, and really push the envelope and take it to the next level.”
Tell us who’s involved in the process from start to finish, and what collaboration must take place to make this a success.
Amy: “There are so many people involved in the process of bringing a Designer Interior to life. There’s the Designer of course who works with the marketing and sales teams to collect information on what our customers are looking for. Our product development and drafting team work to get it on paper. Then once we have a design, we bring in our procurement and production teams to actually source and order the materials. Our construction team who have to build it and work through the challenges with us on site as we have to change an element or a paint colour. And everyone has been so helpful and really excited to see it come to life. I have to give our trades and suppliers a shout out as well…we’ve asked them to do some really out-of-the-box things in these new styles and they have been right there innovating with us. It’s such a team effort, it makes it even more satisfying to see it come to fruition.”
What was the most exciting part of this project?
Elena: “Before we start any construction phase we create working renderings of the project. Seeing the renderings the team worked on, come to life, is one of the most exciting parts of the project.”
What makes a Designer Interior a success to you?
Elena: “The success of a Designer Interior is of course having our customers love living in their new Designer Home. Having them find a Designer Interior that evokes feelings of joy and excitement that make them feel like they belong. That’s success to me.”
So where can you learn more about Rohit’s Designer Interiors?
We want your feedback to help us choose which two Designer Interior concepts will make the cut and be featured in our Fall Line-Up. To learn more about Rohit’s Designer Interiors, and click the link below to schedule your exclusive tour.
Did you know that the last time we experienced a heat wave THIS hot and long-lasting here in Edmonton was in 1961? Crazy, right? Well here are some tips and tricks we would like to share that will help keep you cool throughout these hot days- especially if you don’t have access to air conditioning in your home!
1) During the hottest hours of the day, make sure to close your windows and blinds to keep the sun out of your home as much as possible.
2) After sunset, open the windows and blinds and place standing or box fans in front of them to bring some of that cool nighttime air into your home!
3) Use your ventilation fan from sunset to sunrise. This uses the fan in the furnace to pull fresh air (hopefully cooler nighttime air) into your home and circulate the stale warm air right out!
4) STAY HYDRATED! On hot days many of us lose the desire to eat but don’t forget that water is your best friend through a heat wave! Your body is 60% water, and you need to maintain or elevate that during these extreme temperatures. If you’re not feeling traditional meals during this heat, make sure you have fresh fruit (high in water content) cut up and ready, make popsicles, or try that new salad you’ve been curious about!
5) Avoid alcohol, caffeine, and sugary drinks. A heat wave is the time to truly consider your body a temple and sustain it using whole foods and beverages. Back to water, fruits, and vegetables!
6) Keep the lights off in your home unless necessary – especially if you have incandescent lights as they give off heat (so do many small appliances and computers). Heat waves tend to draw on the power grid quite heavily and since we don’t want to give up our fans, it’s better to look around and decide what electrical items we can do without or temporarily unplug. This is also a great time to use your barbeque for cooking rather than your oven – but please do so safely as barbeques can be a cause of fires in tinder dry conditions.
7) Heat rises! If the second floor of your home is too hot, sleep downstairs! Kids will love the opportunity to “camp” in your basement as a family and it will feel nice and cool down there. It’s also a cool (pun intended) memory that your kids will treasure for years to come.
8) Pets are part of the family, and they are typically sporting a fur coat through the heat wave! If they are outside, ensure they have a kiddie pool in the shade to escape the heat. If they are indoors, cool them off with a quick bath or by draping them in a wet towel. Ensure there is always water for your pet to have throughout the home.
9) If you need to be outside WEAR SUNSCREEN, stay out of direct sunlight whenever possible, set a water alarm so you don’t forget to stay hydrated, and let someone know where you are and when you intend to be home.
10) Lastly, learn to recognize the signs of heat related illnesses:
- Heavy sweating
- Cold, pale, and clammy skin
- Fast or weak pulse
- Nausea or vomiting
- Muscle cramps
- Tiredness or weakness
- Dizziness
- Headache
- Confusion
- Passing out/fainting
Remember that someone experiencing the effects of the heat may not recognize that they are being affected. Be sure to check in with your family, friends, and colleagues and make they are taking time to stay cool! If you notice someone experiencing the signs of heat related illnesses, kindly ask them to sit down in a cool place, cover their forehead or entire head with a cool cloth, get them into a cool bath, or offer them slow sips of water to bring the body back into balance. Let’s stay cool everybody!
Interest rates are still advertised for as low 0.99%! But with new reports of changes to the mortgage stress test proposed to begin on June 1, 2021 – how does that change things for you?
If you’ve been looking to find your new designer townhome in Southwest Edmonton’s community of Allard, now’s the time to own your #goals! We are down to our last few quick possession townhomes, all with single attached garages, 2 bedrooms, in a few of our most popular Designer Interiors.
1. Construction is complete!
This townhome community is completed construction, and the area around it is almost done too! This means no waking up early on the weekend to construction sounds ????. It also means once conditions are removed, possession day can come soon after.
Which leads us to…
2. There’s Everything You Need
Because Allard is so established and full of life, many of the neighbourhood amenities are already built right outside the door when you move in! Think winter skating rink, the Dr. Lila Fahlman K-9 School, playgrounds, parks, Tim Hortons just down the road, Starbucks, Superstore – you name it! It’s all here, along with the future Heritage Valley LRT station.
3. Alberta New Home Warranty
One of the big reliefs of buying a new home from Rohit is that you’re backed by Alberta New Home Warranty, a leading provider for over 45 years. Our warranty coverage covers workmanship and materials for the 1st year, delivery and distribution systems for 2 years, building envelope for 5 years, and the foundation for 10 years! Learn more here: https://anhwp.com/homeowners/own/new-home-warranty/.
4. Designer Interiors
Whether you’re purchasing for yourself or as an investment, this is your opportunity to own your #goals!
We’ve purposefully selected a few of our most popular magazine-worthy Designer Interiors to outfit these final remaining townhomes such as New Nordic, Boho Chic, and Contemporary Classic. All the designer details such as two-tone cabinets, quartz countertops, and designer lighting are included at no additional cost.
5. Purposeful Design
Two remaining floorplans are available: the Focus and Blend. Each offers 9’ ceilings, single attached garage and two bedrooms but what sets them apart is the layout and views.
The Focus is located on the front of the building, giving tall street views of the area surrounding the community. There’s a front balcony with wood beams, main floor laundry, and a flex area upstairs. Perfect for an at-home office or reading nook!
The Blend is tucked on the back of the building with an open concept entertaining area, a deck off the kitchen, an upper floor laundry, and two bathrooms!
6. The Sales Team
Our Area Sales Manager, Fadi Georgi, and his team are ready to help you through the home process and answer all your questions! From first time homebuyers to seasoned investors, he’s helped countless people to be brand new Rohit homeowners. Check out a recent review below!
Want to view one of these last quick possession designer townhomes in Allard? Contact Fadi at 780-405-0677 or fadi.georgi@rohitgroup.com!
Updated December 2, 2020
We’ve all seen it – on a beautiful spring day… you’re strolling along the sidewalk admiring the charming homes and driveways and then suddenly, we see it…
