Borrower Beware: Lenders with Posted Rates come with HEFTY fee’s

General 14 Apr

One of the many important considerations to understand when sourcing the best mortgage is how different types of lenders – namely, banks versus lenders who only work with mortgage brokers – calculate penalties, as the market and your needs can easily shift throughout the term of your mortgage. Does the lender charge a reinvestment fee as […]

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Considering a NO Subject to Financing Offer? 3 Must Knows

General 14 Apr

In hot real estate markets, it’s common for both buyers and agents to consider having no subject to financing when making a purchase offer. It’s important to realize, however, that no professional is in a position to legally advise you to enter into a real estate transaction with no subjects, especially no subject to financing. […]

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Increased Purchases While Costs Are Increased By Insurers

General 10 Apr

April sure has been a very busy month! We have seen a substantial increase in the amount of purchases and increased insurance premiums were announced for when you have less than a 10% down payment. This raises the question:  with all of the news about unaffordability, how can I or my loved ones possibly buy […]

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Looking at purchasing a vacation property

General 31 Mar

Vacation property prices haven’t increased in 5 to 7 years. In 2015 many vacation homes are selling for the same price they were bought 5 to 7 years ago. If you’re in the market, now is the time to buy a cottage. Review the article here: http://www.moneysense.ca/property/buy/great-time-to-buy-a-cottage Your AMP is here to help guide you […]

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