Call Your Local Professionals

[vc_row][vc_column width=”1/1″]  Call Your Local Professionals   We have seen no shortage of headlines this year, or any of the past 5, 10 or 20 years, from ‘credentialed’ observers of the Canadian Real Estate market from around the world offering...

Subject Free? Perhaps Not.

Subject Free? Perhaps Not. Short Version: Stellar credit, tremendous equity, and strong documented income are not enough to guarantee financing approval. The lender must approve of the property as well – and there is more than simply value reviewed. Lenders reserve...

The Reverse Mortgage Dilemma.

A dilemma for clients and Brokers alike. Short version; Engage your Mortgage Broker for a better understanding of this product. HomeEquity Bank Guarantees that the amount to be repaid will never exceed the fair market value of your home at the time that it is sold. No...

Portability, of course your mortgage is portable…or is it?

Short Version Asking whether ones mortgage is portable or not is not the right (complete) question. Confirming that one is able to qualify to port their mortgage to a new property is the key question. Speak to your Broker in detail about your plans, and assume...

Moving Up, Sideways, and Downsizing – Ten Costs to Consider

Short Version Purchasing a Property should be a calculated move, lacking in surprises. 1. Speak to you Mortgage Broker ask if you ‘Qualify to Port your mortgage’. It is not well known that although the mortgage may be ‘portable’ both the...