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purchasing an assignment

2014-05-15 | 16:18:01

What is typically seen in an assignment purchase in Real Estate is the following.  One party purchases a property pre-construction from the builder.  Prior to taking possession, they sell their right to buy this property to a third party ...

DLC kids commercial

2014-05-07 | 12:03:00

Paying a Big Price for the Big Banks

2013-06-17 | 19:52:20

Not all mortgages are created equal, and this is especially true when it comes to the way that some lenders calculate their penalties.  For the majority of fixed rate mortgage contracts, the penalty is described as the greater of 3-months...

Purchase Plus Improvements

2013-04-16 | 17:46:17

Searching to find the right home is quite challenging.  There are a lot of things to consider – is it a good neighbourhood, are there good schools close by, shopping, close to work, or parks.  Once you’ve found the right...

What is better – a fixed or a variable rate mortgage

2013-04-02 | 16:46:21

Before talking about which is better, it’s important to first understand the difference between a fixed and a variable rate mortgage. With a fixed rate mortgage, your rate and payment remain the same for the term of the mortgage. ...

Understanding Amortization

2013-03-20 | 12:28:08

When you’re applying for a mortgage, there is sometimes confusion with respect to the amortization.  Putting it simply, the amortization is the number of years it will take you pay off your mortgage.  This is not to be confused with...