Let’s say you have a home that you’ve outgrown; it’s time to make a move to something better suited to your needs and lifestyle. You have no desire to keep two properties, so selling your existing home and moving into something new (to you) is the best idea. Ideally, when planning out how that looks, most people want to take possession of the new house before moving out of the old one. Not only does this make moving your stuff more manageable, but it also allows you to make the new home a little more “you” by painting or completing some minor renovations before moving in.
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How To Get A Mortgage After Bankruptcy
Sometimes life throws you a financial curveball. Bankruptcy and consumer proposals happen. It doesn’t mean your life is over, and it doesn’t mean you won’t ever qualify for a mortgage again.
Continue reading →Older Canadians Have Mortgage Options
Although it’s ideal to have your mortgage paid off by the time you retire, that isn’t always possible in today’s economy. The cost of living is considerably higher than it has ever been, and as a result, many Canadians are putting off retirement, hoping to make just a bit more money to add to that nest egg.
Continue reading →What You Need To Know About Online Mortgage Calculators
You’d think an online calculator is a pretty straightforward device, one that you should be able to place your confidence in, and for the most part, they are. Calculators calculate numbers. The numbers are reliable, but how you interpret those numbers, not so much, especially if the goal is mortgage qualification.
Continue reading →Going Through A Divorce? Protect your Credit
Divorces are challenging as there’s a lot to think about in a short amount of time, usually under pressure. And while handling finances is often at the forefront of the discussions related to the separation of assets, unfortunately, managing and maintaining personal credit can be swept aside to deal with later.
Continue reading →Top 5: Self Checklist “Is This The Home For Me”?
So, you’ve decided you’d rather pay off a monthly mortgage than farewelling rent payments to your landlord. You’ve found out your family is expanding and you’re in need of a little extra space to move and grow. You’ve decided you’d like to invest in a little vacay property to escape to for the weekends. Whatever your reason for buying a home, there are always going to be considerations you should ask yourself to find out “is this the right home for me”?
Continue reading →SEPARATING AND HAVE A MORTGAGE? START HERE.
With the latest stats claiming that about half of marriages end in divorce and with around three-quarters of Canadians being homeowners, it’s important to know how to handle your mortgage if you decide to separate.
Continue reading →SPOUSAL BUYOUT MORTGAGE?
If you happen to be going through, or considering a divorce or separation, you might not be aware that there are mortgage products
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