Archive for January, 2011

In·di·an Giv·er n. (ca. 1848):  A Federal Government which gives something to another and then takes it back. Wow, that sounds familiar, huh. I guess All the HUGE FINANCIAL brain power that went in to extending amortizations to 40 years, was for not. Latest word on the street has the Feds once again monkeying around […]

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Most people think only of investing money they already have in the bank. Home owners don’t realize that their biggest investment, their home, can be an asset that creates a great monthly income. Second Mortgage investing is an easy investment to make – they require little baby-sitting or watching. Money is paid regularly and the […]

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While reading Robin Sharma’s latest post this morning, it really reminded me about the importance of Fundamentals. A profound insight. Those of us in business love to pursue the latest innovation and pursue the hottest trend. Especially online, we are bombarded with a massive array of new ideas and mind-numbing messages. And yet, what I […]

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What are my options as a first time BC Home Buyer? If it’s your FIRST principle residence and you’re buying for $425,000 or LESS, you can claim an exemption from paying the Property Transfer Tax. That’s a pretty significant savings when you consider property transfer taxes are calcualated as follows: 1% of the first $200,000 […]

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Here’s a Great strategy that could literally save you THOUSANDS as it relates to your financial wellness and your mortgage. I’ve provided a video tutorial and a few written details below. Call me once you’ve had a chance to watch. Deadline March 1, 2011 You may be surprised to know that you have unused RRSP […]

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Referred to as the HBP (Home Buyer’s Plan) There are a few misconceptions surrounding RRSP’s as they relate to the home buying process that I’d like to put straight. 1) The first common misconception is: “The RRSP MUST be used towards the Down Payment” = FALSE You can use as much or as little as […]

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Vancouver Mortgage Refinancing…What You Should Know Surrounded By A Sea of Refinancing Confusion There are probably many “lifesaving” tips people have thrown you to help you determine the right time to refinance your home. You may have heard that the interest rate on the new loan must be at least two percent less than the […]

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Yes Virginia , there is a Free Credit Report… That is, if you can get it. The credit bureau doesn’t make it easy. In fact, one might even say, they make it slightly hard 😉 So YES, you can get a free credit report and I’ll show you how below, BUT the free report DOES […]

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While watching a video I had this profound insight into success. It’s Simple yet profound. PS – Be on the lookout for an exciting collaboration coming down the pike. Take care, Mark

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Received several calls recently off of Youtube under Mortgage Broker Vancouver. Seems to be some confusion surrounding credit. Although different in nature, the callers all had the same issue. HAD NO CREDIT REPORTING ON THE CREDIT BUREAU A few were the result of problems with credit. i.e. bad credit and no longer had any credit […]

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