Mortgage Matters
A money-saving attitude
Mortgage Professionals Canada (http://www.mortgageproscan.ca/en/) has just released the results of its 2016 Spring Consumer Report. This year, the report...
Buying a fixer-upper
Are you thinking about buying a diamond in the rough to transform into your dream home? No doubt it’s easy to be tempted by all the magical home makeovers...
Pink mortgages?
Pink mortgages? Really? This is the latest term popping up in the media to describe single women who are purchasing homes on their own, and I must say that it...
Private mortgages
Last resort? Do you think of private mortgages as a last resort? The very last option to consider should you be unable to obtain mortgage financing through a...
Thinking about investment?
Are you looking into investment property? There are intricacies involved in making sure that a property you are considering will align with your investment...
Dream cottage? Is it time?
Vacation or Secondary Home Program No longer just for the wealthy, more Canadians than ever are purchasing second homes. The Vacation or Secondary Home...
Curious about rent to own?
You may have decided that you want to purchase a home, but maybe, for one reason or another, you don’t feel as though you can do it. There could be some...
Subject free madness
There is no doubt that we are in a sellers market here in the Kelowna area, with limited inventory available at certain price points and multiple offer...
RRSP Home Buyers' Plan
Are you considering purchasing your first home this year? If you’re thinking about buying this spring, start implementing your strategy before February...
Tax debt: Solutions
Far-reaching powers The Canada Revenue Agency has far-reaching powers when you owe money to them. If you owe, they will find a way to collect. They charge...
Be the banker
Have you ever wondered what it would be like to earn the kind of profits reported by the major financial institutions? One way of getting a piece of this action...
New downpayment rules
Effective February 15, 2016, the minimum down payment requirements will be increased from 5% to 10% for any portion of the purchase price that is above...
No down payment options
Sometimes it can be a challenge to save enough money for a down payment and closing costs. This alone could be holding you back from purchasing your first home...
The evolution of mortgages
There have been many changes to insured mortgages in the last few years. Some are finding it more challenging to qualify, particularly if they are self-employed...
Why invest in real estate
Purchasing and investing in real estate has always been attractive to those who are looking to generate additional income, and to benefit from the wealth...
Let's talk down payments
When you are getting ready to purchase a home, most likely you will only concern yourself with the knowledge that you have access to sufficient funds to...
The future of retirement
Since 2005, HSBC has conducted a survey about retirement. This report gives us a clearer view of what might lie ahead as you move toward retirement. Both those...
Condo buying 101
Generally more affordable, easier to maintain, amenity-rich, and often located in desirable neighbourhoods, it makes sense that condos are an increasingly...
What is bridge financing?
What do you do if you have to buy your new home before the sale of your current home completes? You are going to need a short term financing solution to cover...
Paying cash for a home
Congratulations! You’ve just sold your home and are ready to purchase a new home. For the first time in your life, you may have enough money to pay CASH...