We all have debt, some of it is good debt and some is not so good debt. Either way debt can sometime stop us from doing what we really want or need to do and the debt bad or good will always need to be paid back. Paying off debt …
OK over the past month of posting I have been putting a fairy positive spin on where I think the market is heading, and that specifically in Calgary I believe there will be a very modest increase in home prices. While discussing this with clients, friends, and family I have …
Sifting through the usual bombardment of information this morning I came across this article and it really struck me that generally people do not know what they have gotten themselves into when they opt for a secured line using their home as collateral. While the statistics in this article are quite …
So I had a very interesting conversation this morning with my colleagues. As the conversation usually goes, there was a lot of talk about the economy, politics, interest rates, and the usual stuff where we try and figure out where this crazy world and our industry is heading. The conversation …
Has this ever happened to you? You are house hunting. You have already determined your price range. Now you find a home you love, at the upper limit of your range, but it needs a new roof! You can swing the purchase financially, but you will have no cash left …
Your banker and your smart brother-in-law have told you, “make bi-weekly payments and save thousands in mortgage interest!” So, weekly payments should save even more? How about daily payments? Are the banks not allowing daily payments because they would never make money on a mortgage? The moral of the following …
Shop around! Bank employees are paid to protect the bank, and getting the right mortgage from them usually involves playing games. Why waste your time? Getting a good interest rate is crucial, but don’t forget, flexibility and options are also important. Talk to a mortgage professional who can give you …
Let’s face it. You’ve worked hard and saved when and where you could. To most Canadians, this is a part of everyday life. Well now finally, let some of the money you have worked for do some work for you. In 1992, the Canadian Customs and Revenue Agency (CCRA) introduced …
Few communities in Canada have escaped having a Grow Op found in their midst. Once busted, the cost to clean up the consequences of having a Grow Op in the home varies from community to community, depending on how active local authorities have become against drug trade. The cost of …