With the recent changes to mortgage regulations in Canada, it’s become a little harder to refinance your home to pay off higher-interest debt or do some renovations around the house. There is an option for those that need to go beyond the revised limit of 80% LTV (Loan to Value – home much you owe versus… Continue reading Cash Back Refinances
Month: July 2012
Lazy Days of Summer… Creating a Balanced Barrie Housing Market
This is a guest post by Caroline Doherty of Century 21 B.J. Roth Realty. Information provided courtesy of CMHC. Summer is now in full force. With the increase in temperatures be sure to hydrate regularly and stay cool. Remember not to leave children and/or pets in your vehicle unattended. You may think that with this heat no… Continue reading Lazy Days of Summer… Creating a Balanced Barrie Housing Market
Abandonment
A client called me not long ago to let me know that the sellers of the home she had bought had left some items behind. Her question: did she have to arrange for the new owner to retrieve them? The general rule on items in the house is that chattels go unless they have been… Continue reading Abandonment
Retiring With Debt: The New Reality?
Article courtesy of MCAP. Summer holidays can be a reflective time – a time to look at the bigger picture and think about long term objectives and realities. We all work hard. We all deserve a comfortable and fulfilling retirement. More and more Canadians are coming to terms with the prospect of retiring with debt… Continue reading Retiring With Debt: The New Reality?
Restricted
Last summer, when we started up this blog, I wrote a post about title searching. I was thinking about this yesterday after I saw a client buying a property in the area that had a restrictive covenant on it. A restrictive covenant is a requirement that you either do or not do something with your… Continue reading Restricted