What to disclose when selling a home where someone died – As a Vancouver Mortgage Broker

To avoid a lawsuit it is best to let buyers know whether a death has occurred on the property. By: Mark Weisleder Real Estate, Published on Fri Feb 15 2013 There are interesting legal issues about what should or shouldn’t be disclosed when a house is sold, including whether someone has died in the house. A column last month […]

Rent-to-own site skirts around broker regulations

A handful of con artists misusing the rent-to-own model are increasingly running afoul of provincial mortgage broker legislation, claiming they can arrange home loans without broker accreditation. “Unfortunately it is not uncommon,” CAAMP CEO and President Jim Murphy told MortgageBrokerNews.ca. “It is the second or third source of complaints in Ontario (unlicensed activity). It sends […]

Why You Should Get Title Insurance for Your Investment Property

Why You Should Get Title Insurance for Your Investment Property When buying an investment property in Vancouver, there are so many details to take into account that some home or condo buyers neglect to think about title insurance. Title insurance can save you a lot of headaches and avoid costly legal disputes that can pop […]

Are stubborn sellers killing the real estate crash? – Ask a Vancouver Mortgage Broker

Like many others, Toronto public relations manager Megan Vickell is sitting on the real estate sidelines dreaming of bargains to come. What direction are home prices headed? Depends on who you ask After a dropoff in sales, the debate over the future of Canada’s housing market has come down to an argument over how much […]

Why the housing market won’t crash in 2013

The 12-month change in the Teranet-National Bank House Price Index has decelerated in recent months to 3.4 per cent, led by declines in Vancouver (-1.4 per cent) and Victoria (-1.7 per cent). Some people interpret this weakness as a sign that a housing crash has started – see, for example, the Canadian Business article “Canada’s […]

Top 2012 housing stories, from crash warnings to rent vs. buy – From your Vancouver Mortgage Broker

Consumers must be getting tired of hearing the experts cry wolf about rising interest rates and a housing crash. Rates haven’t moved much if at all for most terms, if anything they’ve fallen and stayed put. Mortgages still hover around 3% for anyone willing to lock in for five years and consumers have been doing […]

Closing Costs on your Vancouver Real Estate Financing

Closing Costs on your Vancouver Real Estate Financing Buying a home and setting up the real estate financing is expensive and time consuming. However, many people who are first time home buyers may not be fully aware or properly budgeting for the closing costs which can leave you scrambling if you’re not aware of them. […]

When is the Best Time to Sell your Vancouver Home? – Consult with a Vancouver Mortgage Broker

When is the Best Time to Sell your Vancouver Home? – Consult with a Vancouver Mortgage Broker This is a very popular and common question which many people ask both their real estate agent and their Vancouver mortgage broker. The answer varies and is sometimes even hotly debated among the professionals. Clearly, some people favour […]

Buying a Vancouver Condominium – Consult with a Vancouver Mortgage Broker

Buying a Vancouver Condominium – Consult with a Vancouver Mortgage Broker Condominiums are a hot ticket item these days in the Vancouver real estate market. The condominium market is slightly different from the housing market as there are some extra things to keep in mind if you plan to go this route. Like real estate, […]

Why you Should Avoid FSBO – By your Friendly Vancouver Mortgage Broker

Why you Should Avoid FSBO – By your Friendly Vancouver Mortgage Broker What does FSBO mean? It means For Sale By Owner and can be a costly mistake. Some people think it might be a clever idea to sell the home on their own. The main reason they do so is to avoid paying the […]

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