There’s a fantastic article on CanadianMortgageTrends today (read: A Little Extra) that touches on how much could be saved if as little as $20 was added to a monthly mortgage payment. For fun, here are a couple of examples to show how far a little extra money could go (for all examples, assume a mortgage… Continue reading A Little Off the Top
Month: April 2013
When is a house a matrimonial home?
If you are married and living together with your spouse in a house that you own, you have just limited your ability to deal with the property at your own whim. A matrimonial home, even if it is just in one spouse’s name, is beneficially owned by both spouses, and the non-titled spouse will have… Continue reading When is a house a matrimonial home?
Mortgage Life Insurance
I came across a fantastic article on mortgage life insurance versus life insurance this week, and thought I’d share it with you. As a mortgage broker, I’m mandated to offer all my clients mortgage life insurance, and this article explains the pros and cons of mortgage life insurance versus life insurance. [box]Mortgage Life Insurance: Why… Continue reading Mortgage Life Insurance
HST rebates
Here’s a post for near tax time: HST rebates on a new home. If you are buying a brand-new home, you are entitled to a rebate, but only in specific circumstances: You must intend to live in it as your primary home. It can’t be a cottage or other seasonal residence. If you are not… Continue reading HST rebates
New Mortgage Broker Makes Awards Short-List
I don’t normally like to toot my own horn, but figured the readers of Barrie Real Estate Talk would be interested in the following article printed in the April 9th, 2013 edition of the Barrie Advance. Thanks to those that nominated me – I’m honoured to represent Barrie and Simcoe County nationally at the… Continue reading New Mortgage Broker Makes Awards Short-List