Archive for January, 2011

A few weeks ago I posted a video on what I believe sets successful people apart from the rest. You’ll notice in my video, the point of implementation is KEY The ONE thing that can make the biggest difference in how successful you are this year is your ability to implement. (and when) The difference between […]

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The IRD is what the banks charge if you pay OFF your mortgage prior to the maturity date, or pay the mortgage principal down beyond the amount of your prepayment privileges. The scariest part about Interest Rate differentials is that each lender has their own formula for calculating them. I don’t know how many times […]

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Are you planning on Selling Your Home In The Next 6 to12 Months? You may be surprised to know that what you do right now could mean the difference of thousands of dollar. Especially if you’re buying another home. What you do in the months before you put your home on the market will not […]

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Because many of my clients are business owners & entrepreneurs, every so often I try to slip in a post specifically targeted at growing your business. Database marketing is very effective, but this is by far one of the most effective marketing strategies I have ever used. A great example of the Law of Reciprocity. […]

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Plug The Holes & Put Your Drill Away Your money picture is like a tub full of water – if it’s full of holes, you better plug’em before you increase the flow of water. From a financial perspective, the ‘holes’ are wasteful spending habits and expensive financial commitments. It’s not living on a shoestring – […]

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As you may or may not know, H.S.T. has different implications for used residential real estate and new residential real estate. The following strategy can literally save you THOUSANDS OF DOLLARS IMPORTANT DISTINCTION: Remember, HST is payable on NEW HOME SALES ONLY, not on resale homes. PS – Don’t forget Property Purchase Transfer Tax (PPTT) […]

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I pay my credit cards off in FULL every month, but my score’s still low? News flash, each credit facility reports at different times of the month. So, what does that have to do with it? If you happen to pay your balance off in FULL on the 28th, but the credit company reports on […]

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Today, the Government announced three changes to the standards governing government-backed insured mortgages. aka – High Ratio Mortgages (Less than 20% down) 1) MAXIMUM AMORTIZATION PERIOD TO 30 YEARS The Amortization is the time it takes to pay off your entire mortgage. Not to be confused with the term of your mortgage. Typical mortgages in […]

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Although interest rates are not likely changing anytime soon, the day of reckoning is FAST approaching. In the meantime, Flaherty’s cutting elsewhere. It’s expected tomorrow that Jimbo will be cutting loan-to-value ratios on refinances from 90% to 85% An amortization reduction is also rumoured to be in the cards, going from 35 to 30 years. […]

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Money is the BIGGEST cause of stress in all areas of our lives! I thought it was time to do something about it! Please join me each week as I share Simple, Clear Tips on how to DETOX YOUR FINANCES and change your relationship with money FOREVER. Financial Detox Tip Week #1 Expenses expand to […]

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