BREAKING A MORTGAGE EARLY
Posted on Nov 21, 2018
Looking at your current mortgage you may find that the current terms and conditions no longer meets your needs. Research has shown that over 80 percent of people break their mortgages early. So if you are thinking about changing the terms and conditions of your mortgage contract before the end of your term, you will need to renegotiate your mortgag...
ALUMINUM WIRING & HOMES
Posted on Nov 10, 2018
Was your home built between the mid 1960s and late 1970s? If so, it may have aluminum wiring installed in it. Back then the price for copper was high and aluminum was a lot cheaper. So due to this, in order to reduce the costs associated with new homes many home builders used aluminium wiring. At this time there were no known issues about it and th...
WHAT IS A BRIDGE LOAN?
Posted on Nov 10, 2018
So you want to sell your current home and use the proceeds as a down payment on a different property, but what happens and what do you do if the closing dates don’t fall on the same day?
The solution: A Bridge loan!
A Bridge Loan is a temporary financing option that is designed to help homeowners “bridge” the gap between the time their existing hom...
