Category Archives: Mortgage
Happy Monday everyone! This week will be dedicated to mortgages again, given it is our main service here, and we think it is very important for you to understand the correct process of acquiring a loan for your home, especially if you are new to it! Money is delicate, especially when…
Owning a private property and running a business are two different things, but simultaneously both very doable! What this blog will attempt to explain is the difference in process of investing in a property that is used commercially, if you run a business that is. When the value of a residential property is being considered,…
Unfortunately, purchasing a home and the financial complications that come with it can be a hassle. There are some necessary papers buyers have to take seriously if they want to be proud homeowners. This weeks’ blog will discuss four important documents you must sign if you want to buy a home through…
Whether you are on the buying/renting side or selling/renting out side of apartments and houses, one of the biggest factors in the person’s decision is how the photos of the place are presented. Photos play a great deal on how the person wanting to rent or buy a house will perceive their selection of interest, and…
Are you new to the city, or will you be moving soon? As the Canadian capital, Ottawa is a beautiful and genuine city. It hosts over a million people and is known for its universities. It also has the longest canal in the world, which is an open air ice skating ring during the winter…
Everybody dreams of owning their own cottage, to use especially in the warm, sunny summer holidays. There is no nicer feeling having a second home by the lake, and being able to come back from a jetski ride to a large, cozy home to relax in, on a quiet weekend afternoon. Before this dream…
Around this time, the government has probably collected the first installment of your 2016 property taxes. For the majority of people, personal federal and provincial income taxes for 2015 will be due by April 30th. Borrowers should educate themselves about why lenders are always very concerned that both property taxes and income taxes are kept…
If you are a new immigrant to Canada, welcome! It can be daunting to get settled in a new country, and if you have purchasing a new home high on your list of priorities, this blog article should help get you acquainted with what is involved in securing a Canadian mortgage. You may be happy…
You made a few financial mistakes when life’s speed bumps got in the way, but now you’re on the right track and are ready to take the plunge into home ownership. The only issue is that you are not sure if your less than admirable credit history is going to keep a lender from giving…
Keep in mind that the minimum down payment for new insured mortgages will increase for homes above $500,000 on February 15th. Check out the new down payment requirements by home price below or contact me for more information! On December 11th, 2015, Finance Minister Bill Morneau announced upcoming changes to the rules for government-backed…