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Broken Telephone: Scotiabank and Vancouver Mortgages

Broken Telephone: Scotiabank and Vancouver Mortgages

[vc_row][vc_column width=”1/1″]A game of broken telephone…   Fact – Jenny says ‘I like Johnny’s friend Jim’.   Fiction – School newspaper runs with ‘Jenny caught kissing Johnny in gym’.   Detachment from Reality – Student chatter converts...
Writing a subject free offer?

Writing a subject free offer?

[vc_row][vc_column width=”1/1″]Following are just a few rules and considerations.   It looks like a long list of things that could be potentially serious problems, but I assure you the full list is far longer. This is just the tip of the...
Subject Free Offers – Another Landmine Lurking

Subject Free Offers – Another Landmine Lurking

[vc_row][vc_column width=”1/1″]60 day Notice To Vacate…   …words every Mortgage Broker longs to see in an offer written on a tenanted property, in particular when the buyer has less than a 20% down payment.   For a client putting less than 20%...
No Bubble To See Here – Part 4 – The Amortization Effect

No Bubble To See Here – Part 4 – The Amortization Effect

[vc_row][vc_column width=”1/1″]The Amortization Effect   Each year from 2008 through 2010 the Federal Government reduced the maximum amortization as follows.   Purchases with less than 20% down –from 40–35 years, then 35- 30 and finally 30–25...
No Bubble To See Here – Part 1

No Bubble To See Here – Part 1

[vc_row][vc_column width=”1/1″]Short version: There is no bubble. There is increasing demand and decreasing supply. The media want to sell newspapers, hence one inflammatory theory after another. Shadow this, foreign that, dirty money, etc. Factors, but...