The CBC did a great article on mortgage Insurance that I wanted to share with you. If you have a mortgage on your home, chances are good you also have mortgage insurance. The idea is that if you should become seriously ill or die before paying off the mortgage, the coverage will kick in and [...]
The story goes that a little girl was watching her mom prepare the holiday ham. As she watched, she wondered why her mother cut off both ends of the ham before putting it in the pot, so she asked. Stumped, the mother realized that she didn’t know. She replied, “I’m not sure, sweetie. I’m just [...]
What is the ‘Buyer Protection Plan‘ Imagine If The The Home You Wanted To Buy Came With A 5% Price Guarantee… If The Market Drops Up To 5% in 1 Year – You Get A 5% Refund. Are you concerned about buying a house in today’s market only to see the market and consequently your [...]
Just a quick note to let you know how I can help you or someone you know handle their finances a little better. I was at lunch last week with a friend of mine and he told me that he wanted to buy a minivan for his family that cost $31,400 and the payment would [...]
Thanks Bank of Canada, but great news –> see inside : ) FOR IMMEDIATE RELEASE 8 September 2010 Bank of Canada increases overnight rate target to 1 per cent OTTAWA –The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1 per [...]
Paying Off Your Mortgage Faster Increase the amount of your payments If you renew with a lower rate, keep the monthly payments the same Choose an “accelerated” option for your mortgage payment Making lump-sum payments: Prepayments 1. Increase the amount of your payments One of the ways to pay off your mortgage faster is to [...]
Even Tony Robbins Is Warning That An Economic Collapse Is Coming An article from www.theeconomiccollapseblog.com It seems like almost everyone is warning of a coming economic collapse these days. Do you remember Tony Robbins? He is probably the world’s best known “motivational speaker” and his infomercials dominated late night television during the 80s and 90s. [...]
Received a question by email over the weekend. Can I use my car as a down payment? Down Payment – The amount of cash paid towards the purchase transaction by the buyer of a home. This is also known as the purchaser’s initial equity in the property, but is also used by a lender to [...]
What is it? How do you qualify & what do I think about it? As you probably know, property taxes are DUE July 2nd and 2010 is the first year this program is available. By now you’ve probably received your annual property tax bill in the mail and Inside there was information about the new [...]
What’s the difference between Mortgage Insurance and Mortgage Insurance? Mortgage insurance, does it protect you or does it protect the bank? It’s a Great question, and it’s one that confuses a lot of people so Today, I want talk briefly about the difference between the two. I’m basically talking about two types of insurance, and [...]
