Blog
- Sep 10, 2018
Legalization and Landlords
With cannabis legalization in Canada coming into effect on October 17, 2018, many landlords are wondering about their rights as landlords and how the legalization will affect their rental property investments.
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- Aug 28, 2018
How long does it take to save a down payment, when earning minimum wage?
Getting into home ownership has never been tougher than it is today. With the qualifying rate over 2% higher and with the additional stress tests, it’s no surprise anyone earning near minimum wage would feel that the idea of home ownership is impossible.
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- Jul 18, 2018
Reverse Mortgages
With mortgage guidelines getting stricter over the past year, it has opened a wave of interest for different types of mortgages – including what’s known as a reverse mortgage.
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- Jun 18, 2018
Fixed vs Variable
When obtaining a mortgage, there is always the question of a fixed or variable interest rate. There are pros to cons to both types, which we will explore below.
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- May 31, 2018
What the Chattel!?
When you are selling or buying a home, you inadvertently come across chattels in the purchase and sale agreement. Chattels can complicate a purchase or sale depending on the agreement and how it is set out by the REALTOR®.
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- May 14, 2018
Should you buy the fixer upper?
When it comes time to purchasing a home, do you choose the more expensive but brand-new home– or do you go for that fixer upper with the potential to become your dream home? In order to make this important decision, you will need to consider if renovations are a fit for you on a variety of levels, from budget to the unexpected.
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- Apr 27, 2018
How to Use Prepayments to Be Mortgage Free
Using mortgage prepayment options can drastically reduce the total amount of money you spend on your mortgage – and shorten the time it takes to pay it down! If you follow these three steps, you can be mortgage free sooner than ever!
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- Apr 03, 2018
Alternative Lending
With mortgage regulations ever-changing and becoming more stringent on borrower qualification, more and more Canadians are finding it harder to qualify for a traditional mortgage. Consumers who do not qualify for a traditional mortgage are increasingly turning to alternative lenders for their borrowing needs.
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- Mar 14, 2018
All About Appraisals
What is an appraisal? Simply put: an appraisal is a professional’s opinion on the true market value of your home. Banks use appraisals, and so do home owners during the process of buying, selling or refinancing a home.
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- Feb 16, 2018
Bridge Financing
Bridge financing is a less common financing option, but it can be ideal for some buyers. Bridge financing is used when you have a firm sale agreement on your home and a firm purchase on a new home – but your new home closing date is sooner than the home they’re selling.
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