Tap into home equity with no monthly mortgage payments.
What Is a Reverse Mortgage? The most common type of reverse mortgage is a loan insured by the Federal Housing Administration (FHA), which is also called a HECM. It allows […]
Category Archives: A+ Financial Corner
Everything you need to know about home ownership programs
Municipalities need revenues to pay their employees and to provide services to their citizens, and the primary source of obtaining and increasing that revenue is through property taxes. Therefore, municipalities […]
Buying a house with a RRSP… Without having a RRSP
You have savings to buy your first house and you are short but not by much? Here is a strategy that allows to convert a bank loan in a RRSP and then […]
Which advance payments are required on a condo or new home?
Reservations, preliminary contracts and deposits : what are common practices in the industry? How can you acquire the condo of your dreams without taking any useless risks? Experts have the […]
How to lower the amount of taxes you pay on income properties
Everyone wants to pay less taxes! Is there anything that can be done concretely at the end of the year to soften the blow? There are major differences between owning […]
Montreal not ruling out foreign homebuyers’ tax, mayor says
Montreal mayor: ‘No need for foreign buyers’ tax yet,’ hoping for feds’ help on housing The mayor of Montreal isn’t ruling out the possibility of following Vancouver and Toronto in […]
Despite Canadian housing concerns, higher interest rates on the way: economist
The asset management division of Canada’s biggest bank suggests there’s reason to be worried about the country’s housing market — but despite this, it expects higher interest rates remain on […]
Where are Canadian mortgage rates headed in 2019? Experts weigh in
It wasn’t so long ago that there was hardly any doubt that Canadians would be seeing higher mortgage rates this year. The Bank of Canada was widely expected to continue […]
Average CAP Rates Per Property Type: Montreal 2018-2019
CAP rate is an important metric to consider before buying any investment property. It measures the rate of return on a revenue property, based on current income and market value. […]
2019 New Year Resolutions For Home Sellers
Is selling your home on your to-do list this year? Selling your home on your to-do list this year?… Preparing a property for sale can be a lengthy process, but […]
