FOREIGN OWNERSHIP OF LAND IN ALBERTA Real Estate / By Pranav Khemka In clause 6.2 of the standard Alberta Country Residential Purchase Contract (the “Contract”), the buyer makes a promise to the seller that they are eligible … Read More
The right mortgage product is more crucial than rate!
The importance of choosing the right mortgage features, and it is more important sometimes than the rate of your mortgage! A common mistake some mortgage shoppers make is focusing entirely on getting the lowest rate.Don’t … Read More
About Real Estate appraisals
Land valuation, property valuation, and real estate appraisal are methods of establishing the market value of real estate. In contrast to corporate stocks, which trade daily and are identical, real estate transactions are rare and … Read More
Smart move, pre-approve!
Are You looking for your first home, or have you just started to think about it? I have some first-time homebuyer tips to help make your journey as easy as possible!Some of You know about … Read More
Real Estate Purchase Prohibition!
Prohibition on the Purchase of Residential Property by Non-Canadians Act On June 23, 2022, the federal government passed legislation that will prohibit non-Canadians from acquiring residential real estate in Canada for a two-year period. The … Read More
Refinance or not, that is the question!
Your mortgage can be renegotiated for a variety of reasons when you refinance your mortgage. In essence, this means paying off your current loan and replacing it with a better one. You can reap a … Read More
What are Reverse Mortgages?
The reverse mortgage. Considering retirement while coping with a high debt load, ongoing expenses, and reduced income can be challenging for many Canadians. Reverse mortgages can be of great assistance in this situation! Anyone looking … Read More
HELOC changes you need to know!
Last week, Canada’s banking regulator unveiled new rules governing how borrowers may use Home Equity Lines of Credit (HELOCs). The new guidelines unveiled by the Office of the Superintendent of Financial Institutions (OSFI) will affect re-advanceable … Read More
Tips on refinancing a mortgage with bad credit.
If you already own a home, you may be able to refinance it for a better rate or take out some of your equity. Mortgage brokers that help people buy a home with bad credit … Read More
Brokerage services for mortgages with bad credit
A lot of people believe there is no hope for them to be able to own a home if they have bad credit. But that’s not true at all. While purchasing a home with a … Read More