Condos are a great vehicle for investment for small investors. We have seen the strong demand for pre-construction condos with buyers and investors last year. Though everyone buys or invest for their own reason, one must plan out a well thought out strategy before investing...
Finance Minister Bill Morneau announced changes to the rules for government-backed mortgage insurance(CMHC insured). Effective February 15, 2016, the minimum down payment for new mortgage broker will increase from 5 per cent to 10 per cent for the portion of the house price above $500,000....
If you are not levering your home equity you may be loosing in quite a few ways. If you are first time home buyer or new immigrant, you might ask what is leveraging, oh I have never heard this term before? But if you are seasoned...
When it comes time to shop around for a mortgage, we know it’s about more than just finding the best mortgage rate. Every mortgage is a little different, depending on what’s written into the terms and conditions of your agreement, and there really is no...
Whether you're buying your first home, moving to a new home, or renewing an existing mortgage, one of the first decisions homebuyers and mortgage shoppers face is whether to select a fixed mortgage or variable rate mortgage. Choosing a fixed rate mortgage means you won't have...
Internet has completely changed the real estate market today. Buyers are better educated and well informed. They don’t need traditional real estate agents. All they need is the right search tool and professional advice. 99HOMES.CA provides you with both, amust have buyers search...
Before the final closing, your lawyer will provided you with a document prepared by the developer’s lawyers called a Statement of Adjustments. It sets out a variety of extra costs that need to be paid on closing. We have seen many that many first time...
