Not sure which mortgage is right for you?
Becoming a first-time home buyer is a truly exhilarating experience regardless of your age or how long you’ve waited to get here. It’s an important milestone that needs to be celebrated properly! However, if you’re about to buy a home in BC and have started prospecting the market, you’ve probably seen how ruthless the housing market can be
A Foreclosure is a legal action that a lender can take if a person or company who borrows money using a mortgage stops making payments on the mortgage or violates any terms of the mortgage like “example” outstanding property tax or fire insurance policy that elapses etc.
Despite the ongoing pandemic, the vaccination progress and overall stable medical statistics have created optimism regarding Canada’s economy. And the real estate market is not the exception! More so when talking about mortgage renewal rates.
So, how does this affect Canadian homeowners about to renew their mortgage agreement with a federally regulated financial institution?
Usually, when people file a consumer proposal, it is to assist them with debt consolidation by restructuring it all into one manageable payment. Once they’ve done this, homeowners usually see significant cash flow relief but still have this monthly bill looming over them.
If you are living in British Columbia and are looking for debt load relief by paying out your consumer proposal early, then keep reading!
The purpose of a depreciation report is to give a standard to follow to all strata and strata companies in BC. This helps condo purchasers and mortgage lenders have a clearer view of the building’s health and the common property associated with it.
In this article, we’ll discuss whether or not depreciation reports are mandatory in British Columbia for purchasing a strata property.
Selling a house while still having a mortgage is a common scenario in the British Columbia real estate market. Many homeowners find themselves […]
Lack of access to funds is one of the main obstacles new entrepreneurs face. And although there are quite a few options available for those starting a new business, the loan terms that come with the money borrowed can sometimes be tough to accept. In this post, we’ll look at what self employed loans are and how one can help you start or grow your business.
Today we’ll look at what requirements banks have to approve your loan, and explain why private mortgage lenders for bad credit might be your best option.
Whether you want to buy investment property or you just want to acquire a holiday home for your family, there are ways to scale your real estate portfolio. Here’s all you need to know about obtaining financing for more than one property.
Wondering what to choose between a home equity loan vs a home equity line of credit (HELOC)? Your search for answers is over!
