MORTGAGE FINANCING IN A COMPETITIVE HOUSING MARKET
February 24th, 2021
Canada is an interesting place to buy a property right now. If you’ve paid attention to the media at all over the last few weeks, you’ve probably heard that… [read more]
Under Buying a Home
USING YOUR RRSP FOR A DOWNPAYMENT THROUGH THE HBP
February 17th, 2021
As the March 1st, 2021 RRSP deadline approaches for the 2020 tax season, if you have money saved for a downpayment but you’re not quite ready to buy a home, here’s a little strategy that might interest you. Did you know that you can use the money saved in an RRSP as a downpayment? It’s called the Home Buyers’ Plan, or HBP for short. [read more]
5 THINGS YOU NEED TO KNOW BEFORE YOU CO-SIGN A MORTGAGE!
February 11th, 2021
So you’re thinking about co-signing for a mortgage? Okay, do you really know what that means do you know what you are getting yourself into? Co-signing isn’t necessarily a bad thing, but there is certainly a lot of misinformation floating around on the subject. Although its nice to be in a position to help someone close to you qualify for a mortgage, It’s not a decision that should be made lightly. Co-signing on a mortgage could have a significant impact on your future. [read more]
PLANNING AHEAD TO GET THE BEST TERMS ON RENEWAL!
February 3rd, 2021
If your mortgage term is almost up for renewal, there’s a good chance you’ll be pleasantly surprised with the low-interest rates available on the market today. While the pandemic has caused a lot of economic uncertainty, the result has been very low interest rates. In fact, the Government of Canada has indicated that rates will most likely stay low until 2023. [read more]
WHAT IS BRIDGE FINANCING?
December 2nd, 2020
Let’s say you have a home that you’ve outgrown, it’s time to make a move to something more suited for your family. You have no desire to keep two houses, so you decide that selling your existing home, and moving into something new is the best idea. [read more]
A SUREFIRE PLAN TO SAVING A DOWNPAYMENT
November 25th, 2020
If you’re looking to save money for a downpayment; or to save money for anything really, it all starts with clarity. First, you want to get clarity around your income, then clarity around your expenses, and then you need a plan. And although this might seem fundamental, sometimes going back to basics is the best place to start. [read more]
Upsizing In North Vancouver
November 19th, 2020
Are you thinking of upsizing, but aren’t sure which North Shore neighbourhood to settle down in? Now more than ever, home buyers are looking for more square footage across the North Shore as well as more outdoor space. Whether you're upsizing because you've transitioned to working from home, you're raising a family, or simply want a larger space to settle down in, read this blog post to find some of my favourite listings! [read more]
Land Owner Transparency Act (“LOTA”) and the Land Owner Transparency Register (“LOTR”)
November 18th, 2020
You are about to hear a lot more about the Land Owner Transparency Act (“LOTA”) and the Land Owner Transparency Register (“LOTR”) between now and Dec. 1, 2020. Tony Spagnuolo is keeping us updated so we can keep you informed. [read more]
THE INTEREST-ONLY MORTGAGE
November 18th, 2020
This week Sabeena discusses the advantages and benefits of utilizing an interest only mortgage and possible uses for the resulting cash flow. [read more]
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