Tag: Bruised credit

Buying a home after bankruptcy? What to expect…

April 14, 2014 | By | 44 Comments

Buying a home after bankruptcy? If you’ve declared bankruptcy in the past, know that you’re not alone.  Further, know that your situation is nothing to be ashamed of.  No one wants to declare bankruptcy; sometimes, it may be the only solution to a difficult situation.  If you’re now thinking of buying a home after bankruptcy, you […]

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Free First-time Homebuyer Seminar in Mississauga Nov 19th!

November 12, 2013 | By | Add a Comment

If you are a first-time homebuyer in Mississauga or in Toronto’s west end, please sign up for our seminar!  We will help arm you with the latest information on real estate trends, updates on changing mortgage rules, tips on government programs available to first-time homebuyers, and lots of other details on making the most of home […]

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Mortgage glossary – what is the financing clause?

November 7, 2013 | By | Add a Comment

When you are making an official bid to purchase a home, your first step will be writing up your “Offer to Purchase”.  Usually, you’ll be working with your real estate agent to put this together.  In the Offer, you will have the right to include several clauses that protect you in case things don’t work out.  Really, you’re protecting your deposit, […]

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Don’t be scared by the mortgage process

October 31, 2013 | By | 1 Comment

A mortgage broker can help! One-third of Canadians already use a mortgage broker when getting a new mortgage (source: CAAMP, May 2013).   And a report from the Bank of Canada a couple of years ago, analyzing data over decades, found that “brokers now play an important role in matching borrowers and lenders”.  Further, they stated […]

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Why a mortgage broker is your best option

October 14, 2013 | By | Add a Comment

First time getting a mortgage? Fifth? “Whether it’s your first time or your fifth time, shopping for a mortgage can often be confusing and even frustrating. Besides, who really has the time to research and compare mortgage lenders to ensure the best deal? Then there are all those crazy terms and acronyms — beacon scores, […]

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Mortgage and divorce – where to start

October 9, 2013 | By | Add a Comment

Mortgage and divorce If you’re in the beginning stages of  a divorce or separation, chances are that your finances are on your mind. And unfortunately, you have a lot of other pieces of your life to figure out at the same time. You don’t need me to tell you that the experience can get incredibly […]

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Managing credit and more – October Home and Mortgage Newsletter

October 2, 2013 | By | Add a Comment

In this issue of Home and Mortgage… Did you know that almost half of home owners sleepwalk through their mortgage renewal?  Why they’re missing out on the opportunity to save thousands of dollars on their mortgage. Mortgage rates on the rise? No need to panic; here are five way sto prepare for higher mortgage rates. Why […]

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Protect your credit! Don’t be seduced into getting that department store card…

November 12, 2012 | By | 1 Comment

Applying for that store card can hurt you This is one of my pet peeves:  you walk into a store, go to make your purchase, and when you line up at the cash register, the clerk suggests perkily:  “Would you like to apply for our (fill-in-the-blank) Store Card? You can save $X dollars (or X […]

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