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Posted by: Karen Lagore
Here is a great article on the new Marijuana legalization in Canada: 17 OCT 2018 LEGALIZED MARIJUANA AND THE CANADIAN HOUSING MARKET October 17th will be an important day in Canada’s social history. It’s the day when we are going to have legalized marijuana across the country. We will be the second major country in […]
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Here is a great article from a DLC colleague: 4 KEY THINGS YOU NEED TO KNOW ABOUT A SECOND MORTGAGE Many homeowners are vaguely aware of the fact that you can take out a second loan on your home. You hear your friends mention it or perhaps a family member close to you has gone […]
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Credit is so important … not only for mortgages but many other products in our lives like credit cards and home insurance …. so on that note check out the below blog from my DLC Colleague Keeping Your Credit Score Healthy There is a lot of misinformation floating around about credit bureaus, credit reports and credit […]
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Great article from our own Economist…..important read, please check it out Four-Month Home Sales Gain Ends in September Canadian home sales declined for the first time in five months led downward by weakening activity in Vancouver and Toronto. Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell by 0.4% […]
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7 things every self-employed individual should know — Before you apply for a mortgage Self-employed individuals are quickly becoming one of the most common clients that we handle. Daily we have successful business owners come into our offices who enjoy the perks of being an entrepreneur. One of these includes fantastic write-offs that allow them […]
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Violet has been living in the quaint farm house she grew up in most of her life. She recently helped her children through some financial difficulty and eventually found herself facing a similar challenge. After focusing her financial resources on helping her family while maintaining her aging home and lifestyle, Violet’s bills began to pile […]
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Major life changes can happen at any time. For Mary, 67, her divorce after 40 years of marriage presented some challenges. A priority for Mary was that her home was comfortable and well-maintained. Mary used her home equity to finance maintenance and improvements to her home. She accessed about 40% of the equity in her […]
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Got questions about mortgages? Here are frequently asked questions. How does a CHIP Reverse Mortgage work? A CHIP Reverse Mortgage is secured by the equity in your home. Unlike a traditional mortgage in which you make regular payments to someone else, a reverse mortgage pays you. The big advantage with the CHIP Reverse Mortgage is […]
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You receive the money tax-free. It is not added to your taxable income so it doesn’t affect Old Age Security (OAS) or Guaranteed Income Supplement (GIS) government benefits you may receive. You can use the money any way you wish. Maybe you want to enjoy your retirement or cover unexpected expenses. Perhaps you want to […]
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