CO-SIGNING A MORTGAGE With our current real estate market, getting a Mortgage is not as easy as it has been in the past. With rising rates, and more qualification criteria, it is certainly more challenging. But don’t worry – There are many ways that home buyers can get approved more easily. One of the most…
We are proud buddy up champions! What is buddy up?! Buddy Up is a men’s suicide prevention communications campaign: A call to action to men, by men! In Canada, men have a suicide rate three times higher than women. Why? Society has socialized men to be strong, stoic, and self-reliant; showing emotion is a sign…
Caution with “Cash-back Mortgages”! Cash-back mortgages are being marketed more in recent months. We extend a word of caution and recommend you ask for, and understand the fine print before proceeding. Short-term financial gain may lead to long-term repayment pain. One common fine print consideration – Most often if you refinance, or break your mortgage…
What is a lien? In this post we define it and talk about what it might mean to a home buyer.
It is important to understand the pros and cons of a collateral charge mortgage. To do this we’ll start by describing the difference between a collateral charge and a conventional mortgage.
CREDIT REPORTS: GDS AND TDS (WE SWEAR IT’S NOT ALPHABET SOUP) What does it mean to be “qualified”? The word “qualified” gets tossed around a lot when people talk about financing, but what exactly does it mean to be qualified in a financial sense, and how do lenders make that determination? The primary calculations that…
In this post we discuss why you should care about what is going on at the Bank of Canada, and how it might relate to your search to buy a home.
It’s almost always better to pay your mortgage off sooner.
In this post, we talk about what to expect when you’re buying a home, and discuss the role of the seller.
In this post, we explore the question: just who is entering the Alberta real estate market these days?