A good friend of mine was asking me advice on home mortgages specifically if he should just go to the bank or try a private lender. He actually had three options: the bank, a mortgage broker or a private lender in Montreal, and he was getting so stressed and worked up about it. So I… [Read More]
House VS Condo: The Debate Continues
For first time home buyers, this age old question has probably reared its head one time or another. Single detached family home or high rise condo? This question slammed right into me (literally) when I was walking down the street looking at a condo for sale in downtown Montreal with a buddy of mine. The… [Read More]
Don’t Be Emotional When It Comes to Your Mortgage
For most people, a home is the biggest single purchase that they will ever make. When you are in the early days of home ownership, and you are simply excited to have your name on the deed, paying the mortgage each month doesn’t feel like a burden. In fact, it can almost be exciting knowing… [Read More]
Dream Condo Found? 5 Mortgage Tips to Remember
Are you thinking of buying a Condo? It’s a big commitment, one that shouldn’t be taken lightly. Getting your mortgage approved may well seem like the most difficult step on the road to your dream home, but amidst finding the best mortgage rates don’t forget a few tips in order to avoid potential pitfalls. So you took… [Read More]
Saving Tax Dollars with the Principal Residence Deduction
Canadians get a big break when we sell our homes. Complaining about taxes is almost a sport in Canada, especially when we look to our U.S. neighbours for comparisons. But there are some areas in which we actually win the tax race, and one of these is our Principal Residence Exemption provision. Americans, for example,… [Read More]
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