Its important to take a few crucial things into account before going for a private mortgage loan. Here are some pointers when applying for a mortgage: ...

Writ of Seizure & Sale A property lien is a legal claim that has been filed against a particular real estate tract. The entity holding the lien is entitled to a specific dollar amount once the property is sold. The purpose of this sort of lien is to ensure that ...

Insight on Separation & Divorce in Canada Are you thinking about a separation from your spouse? Then you need to know the legal ins and outs when it comes to separation under Canadian law. This article will go over some ideas that many people have about separation so that you ...

One of the challenges that many new doctors, dentists and other medical professionals face as they enter the professional world is the amount of debt that they already face as a result of taking out student loans – and ending up as a doctor drowning in debt is not the ...

The benefits of Seller / Owner Financing Seller financing is a method of making a real estate purchase with little or no money down. This is one of the most commonly used strategies for creatively financing a real estate purchase. Knowing how to put this to work for you can ...

Understanding the difference between the bank, the everyday broker, and an Alternative Mortgage Lending Broker Specialist With the real estate market returning to a place closer to its prosperity before the downturn of the housing market in 2008 and 2009, it is more important than ever to have access to ...

If you look up "mortgage broker" in your part of Canada, you might think that there is an entire galaxy of choices out there, which each star representing an independent agent who will go after the best deal for you when you are ready to buy your home. However, a Canada ...

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When you take a look at whether or not a mortgage is going to be affordable, one important tool is a mortgage amortization schedule. This shows you not only your monthly payment but also how each payment breaks down as far as paying off your interest and your principal. In ...

Understanding mortgage pre-payment is one of the most overlooked aspects of many homebuyers due to the fixation with the contract rate. The bank end exit of a mortgage on sale should be equally considered as the front end. In Canada, mortgages that do not have a prepayment penalty are known ...

A Message of Hope… This may not be the most typical article write up, but it must be written. Some reading this may or may not agree with the thoughts presented, but it is a perspective that I feel may resonate with many. Canada is in pain, and it is ...

What is mortgage stress testing? According to research, about 30 percent of first time home buyers anticipate that interest rates will stay constant for the next five years. However, one of the hazards of signing a mortgage in the Canadian market is that you have to be ready for rates ...

Variable vs Fixed Mortgage Over the past few years, the differences between Variable vs Fixed Mortgage has shrunk considerably. The obvious benefit of the variable loan is that it comes with a significantly lower interest rate, at least initially. The fixed rate loans have higher interest rates, but they stay ...

One of the uncomfortable truths around buying OR refinancing a home is that you spend a lot of money that benefits other people. For example; as a buyer, If you can’t put down 20 percent, you’re going to pay private mortgage insurance (PMI) premiums. So if you end up defaulting ...