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Get your next mortgage through the services of a qualified local mortgage broker, like more Canadians are doing every year. Except in poor credit cases, the service is free. Find out more and get a no-charge, no-obligation quote.
You may be thinking about those spring-time projects that you will need to tackle this year, like landscaping the garden, rebuilding a patio or fence, changing older windows and doors, a new roof, or even remodeling your basement, kitchen or bathroom. If you tune in to some recent popular TV programs like “Extreme [...]
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When you are shopping for a mortgage, you may hear the terms, CLOSED or OPEN mortgage. Let me explain the difference between these two options so you can determine which one is better for you.
OPEN MORTGAGE. An “open” mortgage means that the mortgagor (the borrower) can pay the mortgage off, fully, at any time, [...]
Getting a mortgage after bankruptcy in Canada has changed since dramatically since Oct 2008. Sub prime lenders no longer exist, and no longer offer the “day after discharge” options, nor are most of them even operating at all!
To understand how to gain a mortgage after bankruptcy, you should follow a simple 6 step process which [...]
Home improvements, in 2009, have become even more attractive, especially with the recent introduction of the Home Renovation Tax Credit. But time is running out especially since there is a specific timeframe associated with the claims. The tax credit is only available for home renovation projects that have been completed after January 27, 2009 and [...]
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Sometimes when you buy a home, the closing date for the home you are selling does not match the closing date of the house you are buying. Some of the typical reasons for a difference in closing dates might be: you want to get some renovations completed on the home being purchased before moving into [...]
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I have a lot of clients asking me how Consumer Proposals are viewed in banks or lenders eyes when they are applying for mortgages, with my previous article about After Bankruptcy Lending. I thought I would share this information with you all on how Consumer Proposals are viewed with the lenders in general.
Consumer Proposals are [...]
Are you buying a house and maybe just totally frustrated now, with your lender, and all of their requests for more documents?
Let me shed some light on a popular question about the whole requirement to provide “proof of down payment” and the real reasoning behind it.
All Canadian banks, have implemented very strict policies to cover [...]
A few years ago I had a conversation with a 90 year old gentleman that held an annuity plan that paid 17% per year on his investment. Each year the insurance company that issued the annuity requested proof that he was still alive because they wanted to stop payments. When I asked why he had [...]
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Is the bad news about our economy, the slumping housing industry, and more lost jobs enough to have you down and out? Wait, there is more bad news heading your way. Yes the poor, beat-up and overtaxed Canadian family living in Ontario is about to face more taxes. Primarily the tax is directed at the [...]
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Recognizing that the Canadian housing industry is a significant contributor to our economy and its growth and stability, the Ontario Government has now sweetened the deal to stimulate the housing industry and help Canadians with the costs of purchasing a home.
There are now 2 ways you can get a break on your closing costs and [...]
Tracey
If you do not agree with the rejection of your mothers claim for OAS there is a review process to ... Maureen
When I read this comment it really worries me. I wonder how many other investors are out there buying perpetual ... Dear Maureen
There is a big difference between rate reset preferred shares and perpetual preferred shares. Investors often get them confused. ...
Mr. Farstad:
In the comment I just posted I didn't mention that with the $18.00 shares, if you hold them ... Hello Mr. Farstad:
I was just reading comments on your blog regarding preferred shares, specifically the RBC preferred share issues. ... Michael
This is a tough question. Your best bet is to contact your human resources and benefit person to discuss with ... Chaz
Thanks for your kind comments.
Here is the information you are looking for.
A ... Lee
The UK and Canada have an agreement regarding pension benefits. Here is a link to the site with more information. ... Pat
Your husband should have no problem receiving his Old Age Security at age 65 even though you are working.
All ...
I am a NZ lawyer and I am interested in improving my knowledge in this area. 
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