Your realtor will be happy to list your property and sell it for you. However, if you have a garage, they will be much happier. Why? Here are the reasons why realtors prefer to sell homes with garages: 1 – Homes with a garage, attached or detached, sell faster and for more money. Usually $20-30,000 […]

There are two different types of mortgages when it comes to their balance in relation to the value of your home – high-ratio or conventional. When you applying for a mortgage, lenders use a ratio called loan to value. Your loan to value is exactly what it sounds like, the size of your mortgage in […]

Here are 7 signs that you’re ready to buy your first home… 1. You have saved enough for the down payment When buying a house, most people think the biggest hurdle to overcome is saving up a down payment. You normally need to save at least 5% of the purchase price as a down payment. […]

Are you officially Mortgage Free? CONGRATULATIONS! That is a monumental milestone to achieve! With that significant accomplishment, you should look at obtaining a Title Insurance Policy. What most people don’t realize is that when you had a mortgage, the lender will likely have had this in place for you. Once your mortgage is paid out […]

Many of my clients and friends regularly ask me when or if they should consider a refinance. Here are 4 quick questions that I ask of them. Their answers will very quickly tell me whether or not we should be taking a deeper look at their available refinancing options. What do you believe the current […]

Policies are always changing, and when you port a mortgage, a FULL application must be approved and completely underwritten with full, credit, income, property and policy review. It’s a mistake to believe that just because you already had a mortgage, you will easily get a new one. Policies and rates are changing rapidly and you […]

Your First Home. What a THRILLING thing that is to think about!!! One of the best parts of our job is helping individuals purchase their first home. We know that the process can seem daunting at first, but we have an in-depth understanding of what steps are required to make the process go smoothly. Follow […]

There is some information floating around about growing marijuana in your home. What most people don’t realize is that this could prevent the sale of your property down the road. CMHC is Canada’s federally owned mortgage insurer. As of October 25, 2018, their stance on homes that were former grow operations has not changed and reads […]

So you’re wanting to buy a new home? That is some very exciting news. The first question: are you prepared?! We all know big-item purchases are scary. It’s expensive, you are fully committing to this household – there is no turn backing without that pricey consequence. We totally get it. The ultimate first-step is to […]

If you have a mortgage, you’ll be completing a mortgage renewal when your current term has finished. While most Canadians spend a lot of time and expend tons of effort shopping for an initial mortgage, the same is generally not the case when looking at mortgage renewals. So what is a mortgage renewal? A mortgage […]