Mortgage fraud is a crime that affects both lenders and borrowers. It can negatively affect credit scores, raise insurance premiums, increase document requirements, waste time and money and cause stress for honest borrowers looking for financing. There are a few actions you can take to protect yourself from becoming a victim of mortgage fraud; the … Continue reading
Monthly Archives: October 2016
The Art Of Appraisals
The new mortgage rule announcement has spurred rumours of dropping property values. While I think there may be some price movement, I don’t think it will be as drastic as some articles portray. That being said, property appraisals are a valuable part of the real estate transaction and I believe lenders will be relying on them … Continue reading
Read This Before You RENT-TO-OWN
The new mortgage rules may have some borrowers exploring home ownership alternatives, one being a “rent-to-own” option. You may have heard about doing a rent-to-own for furniture, appliances or electronics, well, it applies to home ownership too. It’s not too common, so I believe it’s important to be well informed before you enter into any … Continue reading
Marriage, Mortgages & Maternity Leave
Okay, maybe that is not the first thing that comes to mind immediately following an engagement. If you do have marriage on your mind, you are probably also thinking about where you’re going to live when you begin your life together, which would likely include space for your children. If buying a home versus renting … Continue reading
Are You Ready To Buy A Home?
Find out if home ownership is right for you Home ownership is likely both the largest asset and the largest debt most people will take on in their lifetime, it is not a commitment to be entered into lightly. While buying your first home is thrilling, your excitement should not be overshadowed by the responsibility … Continue reading