About Tracy Hryhoruk Expertise Click and ask me about trends and any Real Estate Questions you have about Calgary, AB. I can answer any questions that pertain to Calgary and area Real Estate including buying, buying your first home, selling your home for Top Dollar,investments,and rentals. Specializing in Condominums and I hold the designation of a Certified Condominium Specialist.Do you own a Leaky condo? Ask me for advice on how to proceed with your condo board!
Experience Representing sellers and buyers in Calgary and area where I have become a Top Producer, Marketing and living in the Inner City selling many condos and townhouses. Understand how Condominum Boards are run and currently represent Condo owners through my role as President of two Condominum Boards
Organizations Children's Miracle Network Member
Education/Credentials Continuing to advance my skills and knowledge in the Real Estate Industry by taking professional development courses.
Awards and Honors Re/Max House Crownchild Office Top Producer
Re/Max International awarded 100% Club award for value and units sold!
C.C.S. Ceririfed Condominum Specialist awarded by the Calgary Real Estate Board
Question There are no experts for BC real estate, but if you can awnser my question thats great! if you cant then no biggie either! alright so I'm 19 and I have got $80,000 in savings. There is this investment opporunity in Surrey BC, putting 5% down (VIP PACKAGE) in a CONDOMONIUM, these condos are not built yet so all the client has to pay is around $12,000 to get the condo with no downpayment no interest no nothing. The condo is worth $240,000, and when the condo is built I can flip the condo price around to $340,000. Thats a $100,000 profit and I only paid $12,000. Sounds like a PROs to me...but every real estates job is to sell for commision. They hardly tell the CON's, are there any cons to look out for? Any risks involved in this investment because it sounds like a hell of a investment to me? What should I ask n look out for? I'm 19 so im really cautious...thanx!
Answer Hi sounds good, however, you want to ensure the developer gives you the right to sell your ownership interest before title transfers. Otherwise you have to put a mortgage on the place once it is completed. In addition, you want to ensure that the developer is reputable and if for whatever reason the project is not completed your deposit is refunded at full...
