Archive for November, 2009

What’s Your Idea Of the Perfect Gift? Whether or not you celebrate the holidays, there’s always an occasion where you’d like to give the perfect gift. I was truly touched by this story of one family’s gift-giving tradition: It’s just a small, white envelope stuck among the branches of our Christmas tree. No name, no […]

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When I first learned that this program was on the cutting bock, I said to myself “You MUST let everyone know so they don’t lose out” Enjoy! Apply Now at www.notapennydown.com Mark Fidgett | 604-273-2002 “Your Personal Mortgage Consultant….For Life!” PS – Please Don’t Keep Me a Secret A REFERRAL is when you INTRODUCE someone […]

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For most of this year the markets have been discounting an economic recovery. That is, they have been in rally mode in anticipation that the worst of the economic crisis is over. While that is likely, all that is left for debate is how meaningful the recovery will be and if it is sustainable. The G20 […]

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Last Thursday I had lunch with my good friend Paul. During the course of our conversation he asked what most people ask me about. He asked me about interest rates. Often a stranger won’t ask me about rates, for fear of getting overwhelmed with ‘sales talk’ about mortgages. Paul happens to know that’s not my […]

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Mark Fidgett | 604-273-2002 “Your Personal Mortgage Consultant….For Life!” PS – Please Don’t Keep Me a Secret A REFERRAL is when you INTRODUCE someone you care about to someone you TRUST! T 604.273.2002 | F 604.522.2072 W http://www.notapennydown.com An independent Mortgage Specialist associated with the Verico Mortgage Network.

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Since writing about investing in second mortgages, I’ve received a tremendous response from readers looking for more information. Before I get into the what and why’s of 2nd mortgages, I’d like to explain The ‘Rule of 72’ The ‘Rule of 72’ is a simplified way to determine how long an investment will take to double, […]

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Lenders approve loans based on their impression of your ability and INTENT to pay it back. To figure this out, they look at five things: creditworthiness income job longevity job stability and future income prospects. We’ll tell you how to make sure you look good in each of these things, so that you’ll get a […]

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This is a reminder as to how the credit card companies extract interest rates so high it would embarrass a Mafia loan shark. Since I am the “finance guy”, close friends asked me to look at their credit card statement. My friends had reason to be extremely upset. My friends typically pay their bills on […]

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The short answer is Sort of… On October 15, 2008, the Federal Government’s new lending rules came into effect which phased out zero down payment mortgages. The minimum down payment required is 5% of the purchase price. BUT… For those who have not saved the 5%, you have two other options: (1) Borrow the downpayment; […]

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