In Canada, when you pay-off your mortgage early, lenders have the right to charge you a penalty for doing so. Mortgages are a huge business here, and even with low-interest rates, lenders are turning massive profits.
Category: housing
Closing costs in real-estate
Closing costs are payment for all the necessary items to conclude or “close” a real-estate deal. These fees are paid by both sellers and buyers but are different.
In favor of the “starter home” concept
I am glad June is over. Last month was definitely a whirlwind, hence the lack of activity on my blog. … More
Mortgage basics for the self-employed
Note: I am not a mortgage broker. This is for information purpose only. Not so long ago, pretty much anyone … More
Why your property is not selling
Your Realtor has listed your property for sale. You have had a few showings, maybe an open house, but still no offers.
Choosing a Realtor when selling
Choosing the right Realtor can make or break a sale, therefore should not be done lightly
Condo inspection basics
Most buyers make an offer on a piece of property subject to a satisfactory home inspection.
3 tips to sell your property faster and perhaps for more $
As I previously mentioned, I have been reassessing my living situation lately. I have actually decided to sell my condo. … More
Condo-buying mistakes
I have been re-assessing my living situation lately.
Home-buyers’ plan explained
Note: as of January 2019, people can now withdraw up to $ 35 000 under the program. If you are … More
