Mortgage Information

Your dream of owning a home is within reach. Here is the mortgage information you need to help you get there.

The Importance of Rate
Home owners and prospective purchaser shouldn’t neglect the importance of rate over the term of your mortgage. The stronger your credit the better your negotiating power.

Should we Rent or Buy?
On balance in a rising Real Estate market it is more desirable to Buy than Rent. This hold true even if you have had credit problems in the past. Being turned down in the past should not discourage you from retrying. There are many programs that help prospective purchasers get into home ownership. What can we do for you?

Understanding your credit
We see so many prospective clients that have no understanding of their credit. As a result they get in trouble (credit wise) or even declare bankruptcy. Learn more ....

Restablishing Credit
If you are one of the many who have experienced bankruptcy or have "Dented" credit and need a second chance then this article written by Ken Jakubowsky, Business Manager, Park City Toyota is a must read. Ken shows you one way to re-establish your credit through the purchase of a vehicle.

Mortgage Assumptions
Recently the issue of mortgage assumptions has become a topic for discussion in Real Estate Transactions. It is generally understood that mortgages in Alberta are assumable, however recent developments indicate that this may not always be the case. Brad Sinclair and Kathleen Davis of the law firm Sinclair Davis offer a brief review of the issues.

Financing using Private Money
There are many occasions when a home owners finds themselves in situations where the only solution is found thru borrowing private funds. The cost in terms of interest rates is higher and lender/broker fees a charged. While expensive it can be better than the alternative. Call us. In most cases we can help.