What is a home equity loan? Equity is defined as the value of the home minus any debts that are owed. A home equity loan is a mortgage loan in which the equity in the home is used as collateral. So the consumer borrows against the equity in the home … Read More
Registered Retirement Savings For Use as Down Payment on Mortgage
Two out of three people living in Canada are homeowners. However, getting into a home can be expensive from the down payment to the closing costs. The Canadian government knows how hard it is to come up with the funds for a down payment for a home and they have … Read More
Subsidized Housing Pays Big For Investors
What is subsidized housing? Subsidized housing programs are government-funded, assistance programs that are designed to help people with low to moderate income by paying all or part of their housing expenses to keep them stably housed and off of the streets. Most people that have heard of subsidized housing often … Read More
First Time Buyers Mortgage Incentive Program
Did you know one out of every three Canadians owns a home somewhere in Canada? Real estate is a great investment. There continue to be incentives to help first time buyers achieve the dream of home ownership because, for most, the upfront costs of getting into the home are the … Read More
The Return of a Lifetime
Looking to make the return of a lifetime? It’s much closer to home than you think. Have you ever considered that the home you’re living in could be making you money? Or that it could be making your money even while you’re still living there? It’s true and much more … Read More