HELOC? Is it me you’re looking for…to better your home financing options?

BLOG POSTS NEWS 24 JUL 2015 HELOC? IS IT ME YOU’RE LOOKING FOR…TO BETTER YOUR HOME FINANCING OPTIONS? HELOC? Is it me you’re looking for…to better your home financing options?Do you have a large amount of equity built up in your home? Are you looking to further enhance your financial position? A HELOC may be […]

ARE YOU COVERED FOR A SHARKNADO

As we prepare for the torrential rains, epic winds, and yet another round of ravenous, thrashing sharks falling from the sky (as in tonight’s debut of Sharknado 3: Oh Hell No!), there is one question to ask yourself: Am I insured for this? No doubt your home insurance will cover replacing a roof damaged by […]

PROS AND CONS OF COLLATERAL MORTGAGES

During the past couple of years the term “collateral mortgage” has gained a bit of a negative reputation, especially since TV shows like CBC’s Marketplace have taken notice. Marketplace felt it was worth doing a segment about collateral mortgages because the lenders offering this product were not disclosing the downside of this type of mortgage. […]

Common Pitfalls in Purchasing Strata Properties

BLOG POSTS NEWS 28 JUL 2015 COMMON PITFALLS IN PURCHASING STRATA PROPERTIES Common Pitfalls in Purchasing Strata PropertiesLooking to purchase a Condo in a Strata? During my time as a Mortgage Broker, I have helped Buyers side step a few pitfalls. Most of these are really easy to avoid and come down to simply doing […]

CMHC announces new rules to make it easier for homeowners to rent out property

Canada Mortgage and Housing Corp. is going to make it easier for homeowners renting out apartments in their principal residences to borrow money, a move that could further heat up markets in Toronto and Vancouver. The Crown corporation, which controls a majority of the mortgage default insurance market in Canada, announced changes to its rules […]

How homebuyers win bidding wars without having the most cash

Flattery is a tried-and-true negotiating strategy, but homebuyers in hot markets are making a bizarre art form out of kissing up. Luxury home buyers in Vancouver flipping houses to other desperate buyers before ink even dries on sale contracts Gerry Kahrmann/Postmedia News Demand for luxury homes in Vancouver is so high that shoppers are willing […]

Toronto, Vancouver home prices could plunge 30%, says economist who predicted housing crash that never happened

David Madani, the economist known for his prediction of a 25 per cent correction in Canadian house prices, has a new forecast for the Toronto and Vancouver markets. The economist realtors love to hate: David Madani stands by 2011 prediction of Canadian housing ‘day of reckoning’ Peter J. Thompson/National Post David Madani is sticking to […]