When it comes to the world of home loans, mortgage brokers can be invaluable in helping potential homebuyers with their process. A mortgage broker is an intermediary who brings borrowers and lenders together. They help compare rates among different lenders and find the lowest mortgage rates as well as put them in contact with lenders…
We’re all much easier to satisfy during the summer months. School is out. Schedules and attitudes are more laid back. An evening of entertainment may simply need a few lawn chairs for the adults and a sprinkler for the kids to jump through. Take advantage of that easygoing atmosphere and your budget will thank you! Cook…
We all know that in the summer months, municipal water use doubles! It’s the season when Canadians are outdoors watering lawns and gardens, filling swimming pools and washing their cars. Summer peak water demand places stress on municipal water systems, as a result, increasing costs for tax payers and water users. When water supplies diminish…
Before meeting with a real estate agent to go house hunting, it’s a good idea to meet with a loan officer first to make sure you qualify for the type of mortgage you desire. Once you have an idea of what suits you best, learning the steps to getting a mortgage comes next. The best place…
When it comes to insurance, the four day rule is so simple, yet can cost you thousands of dollars in penalty if you don’t know about it. It is one of those fine print insurance clauses that you may not be aware of unless you are one of the few that reads their policy cover…
Below are some definitions of commonly used terms regarding real estate and mortgages. If you are planning on buying or selling a home in the Ottawa area or anywhere in Ontario for that matter, you should familiarize yourself with some of the terms. Contact me for any questions! The main information provided for these definitions…
Meet the CFF Bank EASYONE account. The smart and easy, all-in-one banking solution. This account offers customers the ability to take advantages of both a savings account and an unsecured line of credit with one simple, easy to use account. And now for a limited time… you can take advantage of the following: …
You’ve cut back on Starbucks, taken a second job and borrowed money from mom and dad. Well done! You are ready to put down a wad of cash to cover the 20% down payment on your first property. But don’t make first-time homebuyer mistakes, like trusting your bank to look after you. In reality, the…
Promises of easy money in real estate are something to be wary about. Consumers who intentionally misrepresent information when buying or refinancing a home are committing mortgage fraud. What is Mortgage fraud? Mortgage fraud happens when someone knowingly misrepresents information in order to gain a mortgage loan that would not have been granted if the…
Like any big life decision or major purchase, buying your first home demands careful consideration, planning and preparation. However, not everyone has the patience and time to do the research. Some mistakes can and should be avoided especially if they end up costing home buyers a lot of money. Read on for a list of the most…
