5 TIPS ON HOW TO GET OUT OF DEBT AND INTO YOUR OWN HOME

General George Macris 24 Sep

5 TIPS ON HOW TO GET OUT OF DEBT AND INTO YOUR OWN HOME To get out of debt, you need a plan and you need to execute that plan. That’s why I’ve created this simple, five-step, get-out-of-debt checklist that can help you leave that financial burden behind you. As you work on your plan, […]

Read More

FIRST TIME MORTGAGES: EXPECTATIONS VS. REALITY

General George Macris 19 Sep

FIRST TIME MORTGAGES: EXPECTATIONS VS. REALITY First-time homebuyers are one of our favourite clients! It’s great to work alongside them and teach them the in’s and out’s about real estate, owning a home, and helping them cross “homeownership” off their bucket list. One thing that we find though, their expectations are often not aligned with […]

Read More

DON’T FORGET THE CLOSING COSTS WHEN YOU PURCHASE A HOME

General George Macris 14 Sep

DON’T FORGET THE CLOSING COSTS WHEN YOU PURCHASE A HOME The purchase price you negotiate when buying or selling a home is just one part of the total cost for buying a home. In addition to the purchase price there are several other fees – known as closing costs – all of which you need […]

Read More

LAST MINUTE CREDIT CHECK

General George Macris 10 Sep

LAST MINUTE CREDIT CHECK As I’ve said many times, one of the single greatest determining factors in whether you can become qualified for a mortgage and the interest rate at which you do, is your credit history. Many people unfortunately don’t know this, and can be completely blind-sided when it comes time to qualifying. However, […]

Read More

4 MORTGAGE STEPS TO OVERCOMING HIGH CONSUMER DEBT

General George Macris 7 Sep

4 MORTGAGE STEPS TO OVERCOMING HIGH CONSUMER DEBT Client success stories are what make our job WORTH IT (We think most mortgage brokers would agree). So, with this in mind, we are sharing a recent client’s story that allowed them to not only purchase the home they wanted, but also pay down their own debt. […]

Read More

SUBJECT FREE OFFERS; STILL RISKY!

General George Macris 7 Sep

SUBJECT FREE OFFERS; STILL RISKY! The majority of my clients have stellar qualifications: established careers and businesses, excellent credit ratings, solid down payment funds, etc. They are truly awesome individuals who will almost certainly receive mortgage financing without a hitch. Almost certainly. With multiple offers, bidding wars, and over-asking-price bids now common as far afield […]

Read More

BRIDGE LOANS

General George Macris 5 Sep

BRIDGE LOANS If you have ever sold your home in order to help with the purchase of your next home, chances are you have heard of bridge financing. Bridge financing is an option available to homeowners if they find themselves in a little bit of a pinch when it comes to two different completion dates. […]

Read More

YOUR MORTGAGE BROKER IS HERE TO HELP

General George Macris 31 Aug

YOUR MORTGAGE BROKER IS HERE TO HELP For many people in Canada, they are first-time home buyers. Or if they are new to Canada, it’s their first home purchase in a new country. They may not be aware of the rules and guidelines. It’s the job of your mortgage broker to make you aware of […]

Read More

REVERSE MORTGAGE – NEED TO KNOW

General George Macris 28 Aug

REVERSE MORTGAGE – NEED TO KNOW HomeEquity Bank is the only bank in Canada that currently offers the CHIP Reverse Mortgage as well as a secondary product, Income Advantage. These two products are options for homeowners unlike anything else out there. Instead of borrowing money to purchase a house, they will lend you money if […]

Read More

BUYING A HOME AS A NEW CANADIAN

General George Macris 24 Aug

BUYING A HOME AS A NEW CANADIAN Canada is made up of hundreds of thousands of people, and while some did not start here, they have made it their home. Buying a home, especially when you are new to Canada can be mind boggling, BUT, we have a mortgage for you! The New to Canada […]

Read More