So you’ve decided to sell your house and you want to reach as many people as possible for it to sell quickly. You want to try to use Facebook, Twitter, and other social media platforms, but do not want to ruin your chances. Social media is a powerful tool in the world of public relations,…
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…
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…
Homes often times seem as trend-conscious as the latest runway show. With fancy roof lines or sleek and modern exteriors; floral-print decor comes and goes; the bigger the better then the tiny house fad. One thing’s for sure: conformity is not part of homes in 2016. Here’s some of what you can expect to see…
There are many important milestones that will come around when you are in a committed relationship such as a first date, a first kiss, a first anniversary, a first trip together, etc. For many couples that seek each other’s company over the long-run, buying a home together is also quite a significant milestone. This is…
Big news for the real estate market! The market for houses with basement apartments may soon be getting more attention. The Canada Mortgage and Housing Corporation (CMHC) has announced it will now allow 100% of the rental income from legal secondary suites to be used when qualifying for a mortgage. Currently it allows just 50%….
The ultra-low mortgage rates that we have been seeing lately in the real estate market are not only benefiting homebuyers. Current homeowners wanting to save more money on their monthly mortgage loan payments are taking advantage of low interest rates by refinancing. However, saving on mortgage rates is not the sole good reason to consider refinancing. The…
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…
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…
