Have you ever heard of a consumer proposal? My client called me two weeks ago and she was ecstatic. She was so grateful that we’d referred her to Sands & Associates. In fact, after she told me her story, I was excited. I was also amazed with the results of the debt settlement. Instead of [...]
Imagine if you were unstoppable… A bit of a different post from me today. What do Chin-ups have to do with Goal Setting? I guess on the surface, you might say, not a whole hell of a lot. But in fact, dig a little deeper and you may be surprised what you find? I had [...]
Here’s a quick note to let you know how you and I can help anyone you feel comfortable introducing me to. When I got a call from, Francoe, the son of an old client, he told me that he was shopping around for a mortgage, and he was comparing rates. I explained that there is [...]
You may want to think twice about your divorce after Canada’s top court ruled Thursday that a discharge from bankruptcy destroys the right to enforce a claim for equalization of property in some cases. Unless you live in BC… As seen in the Financial Post: When dividing up family property, if one spouse owes the [...]
Q: My friend just bought a rental property in Vancouver and she bought it with only five per cent down. How did she do that when CMHC changed the rules earlier requiring 20% down? A: Although CMHC will only finance a rental property with 20 per cent down, they’ll still finance a “second home” with as [...]
If you’re happy paying the banks more than you have to, STOP reading right here. BUT, if you’re tired of being hoodwinked, read on – For fun, I just called up the bank and asked them what their best 5 year rate was. Guess what they said… Well, our posted rate is 5.39%, but if [...]
“Credit is dirty.” How many times have you heard so-called experts preach this sort of thing? Stop using credit, they recommend. Just cut up your cards and adopt a cash-only policy, they say. Well, this is terrible advice! Don’t get me wrong, I believe in trying to be debt free. But the truth is that [...]
From now on you may want to reconsider paying $23.95 to Equifax for your credit score. You might be surprised to hear that what you get, may NOT be what you expect. You like me, probably believe that when you pay the additional $23.95 to Equifax, you’re getting the score that lenders rely on to [...]
Have you ever heard of the “Straw buyer” scheme? And it has nothing to do with farming.. It’s another term for mortgage fraud. The “straw” or “dummy” home buyer scheme. For example, a renter does not have good credit or maybe he/she doesn’t not have the income needed to get a mortgage, or sufficient down [...]
I remember years ago when I actually clued in to how much money our family was wasting. This article in the Globe & Mail is soooo true. Save yourself thousands – Robin Schade, a 25-year-old student and business owner from Calgary, used to pay $122 a month in bank fees and unnecessary insurance. She paid [...]
