Sure almost everyone has had a cheque bounce once in their life and you might think that it is not that big of a deal. Did you know that this can lead to larger financial problems and possibly criminal charges? If you are accused of deliberately defrauding someone by writing a bad cheque you could face criminal charges. As well if you have written a bad cheque in the past your bank or financial institution may put holds on the cheques you are trying to deposit. This can significantly impacted your day to day banking & possibly make you late on paying your bills or worse paying your mortgage payments.
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I get this question all the time; What is your best rate Home Equity Loan?
I have decided to post some basic information on some of the last couple of months files I have closed. This gives potential borrowers a broader understanding of mortgage rates on home equity loans and 2nd mortgages based on property types, property location, different LTV (loan to value) and quality of credit/income or ability to pay.
Foreclosures happen for a variety of reasons but how you react is critical in keeping the best options open to you. We have helped refinance foreclosure in BC many times and have the experience and the connections to the best mortgage products & techniques to stop and/or reinstate your mortgage once foreclosed.
How to pay for vacation or payoff your vacation loan?
Now that we are into the Canada Day Long Weekend, here is a blog that might help someone you know or perhaps you’re considering how to pay for much needed vacation expenses. We all either know someone or have done it ourselves; borrowed too much or extended our budget too far in search of that dream vacation.
Why Pay Property Taxes? Well your property tax payment is one of the largest revenue sources in the Province of BC. These taxes are critical in helping provide programs & services in communities throughout British Columbia.
Is this the end of stated income mortgage insurance or a push to reduce the risk to the crown corporation? Many think this is the first steps in the crown corporation to offset the risk to private insurers.
Vancouver Regional real estate housing market has been stable throughout the winter and early spring months. Recently however the market appears to be changing, showing signs of less predictability due to:
Income Tax time comes every year but are you ready for it? For many small and mid size business owners in Canada income tax time can be a big dread. You try to prepare by having all your receipts in order and contributing to an RRSP in hopes to reduce the monies you owe. When surprises hit are you ready for them?
Well you have almost made it through another winter. Besides cleaning your closets planting spring time flowers you should consider cost saving tips to improve the efficiency of your home.
CMHC will increase its mortgage loan insurance premiums for homeowner and 1 – 4 unit rental properties effective May 1, 2014.
Increase applies to mortgage loan insurance premiums for owner occupied, self-employed and 1-to-4 unit rental properties, including low-ratio refinance premiums.
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