Renewing your mortgage anytime soon? Here’s a good reason to pick up the phone

October 3rd, 2014 | Articles,Financing | No Comments »

Renewing your mortgage any-time soon? Here’s a good reason to pick up the phone Whether you are a real estate entrepreneur or not, you may be one of those ‘good debt’ loving people who believe you can do more with the equity in  more…

3 Common Financing Mistakes

September 27th, 2014 | Articles,Buying Property in the U.S.,Financing,Real Estate Investor Tips | 32 Comments »

  3 Common   Financing Mistakes When taking on financing as a real estate  entrepreneur, it is important to ask  this  question: what am I trying to accomplish? The thing is, financing decisions are often  made without having all the facts,  more…

Private lenders step into mortgage void left by banks

July 2nd, 2014 | Articles,Latest News | 31 Comments »

   Here’s a good article from the Toronto Star    Self employed, high-risk homeowners increasingly scrambling to get mortgages   By: Susan Pigg Business Reporter, Published on Thu Jun 19 2014 Private lenders have been moving aggressively to fill a growing void  more…

Pay your mortgage and save too? A formula to build wealth

December 4th, 2013 | Articles,Latest News | No Comments »

Pay your mortgage and save too? A formula to build wealth There’s nothing like your bank telling you the house you’ve got your eye on is affordable. How will you be sure the mortgage you need will truly fit your  more…

Things to NOT overlook in the home-buying process

July 11th, 2013 | Articles,Latest News | No Comments »

Things to NOT  overlook in the home-buying process Real estate transactions are more complicated than they seem. Worse, most homebuyers understand a lot less than they think they do. With this in mind, before you rush into spending hundreds of  more…

Higher bond yields trigger hike in mortgage rates

June 24th, 2013 | Articles,Latest News | 21 Comments »

Higher bond yields trigger hike in mortgage rates Several of Canada’s big banks inch up their mortgage rates, which experts say is likely the start of a slow upward trend. Madhavi Acharya-Tom Yew Business Reporter, Published on Fri Jun 21  more…

Pre-approved financing may not be enough for home purchase

June 18th, 2013 | Articles,Latest News | 25 Comments »

Pre-approved financing may not be enough for home purchase If you waive financing condition in your offer to purchase house or condo, you are in trouble if lender says you bid too high. Many buyers get pre-qualified for financing before  more…

Hidden Costs of Home Ownership

December 3rd, 2012 | Articles,Latest News | 27 Comments »

Hidden Costs of Home Ownership  Insight – Fri, 30 Nov, 2012    (see my comments at end) Buying a home costs a lot more than a deposit and down payment. Things like land transfer tax, legal fees, a home inspection and  more…

Alternative Lending Sources – Part 1

February 22nd, 2011 | Financing,Low Risk Investments | 1 Comment »

Alternative Lending Sources Build Your Portfolio Without Banks This is an excerpt from an article in the March 2011 issue of Canadian Real Estate Magazine called “Optimizing MICs” Mortgage Investment Corporations-The Best Kept Secret in Financing Have you ever been  more…

What You Need to Know About Mortgage Brokers

February 11th, 2011 | Creative Financing Tips | No Comments »

What You Need to Know about Mortgage Brokers In the past, many people considered going to a mortgage broker as a last ditch possibility to get financing after they had been turned down by the major banks. It was typically  more…