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Edmonton Mortgage Broker

October 7, 2013. The Death of the Pre-Approval? Rather proud. (Photo credit: This Year's Love. It's pretty standard in the real estate industry for Realtors to require their clients to get a mortgage pre-approval. Before spending any time showing them properties. It saves both parties time but what many buyers don't realize is the pre-approval you get now is not the same as it used to be. And debt ratios to ensure the application fits within a lending program. So what used to be a reasonable estimate of ...

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October 7, 2013. The Death of the Pre-Approval? Rather proud. (Photo credit: This Year's Love. It's pretty standard in the real estate industry for Realtors to require their clients to get a mortgage pre-approval. Before spending any time showing them properties. It saves both parties time but what many buyers don't realize is the pre-approval you get now is not the same as it used to be. And debt ratios to ensure the application fits within a lending program. So what used to be a reasonable estimate of ...
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Edmonton Mortgage Broker | edmonton-mortgage.blogspot.com Reviews

https://edmonton-mortgage.blogspot.com

October 7, 2013. The Death of the Pre-Approval? Rather proud. (Photo credit: This Year's Love. It's pretty standard in the real estate industry for Realtors to require their clients to get a mortgage pre-approval. Before spending any time showing them properties. It saves both parties time but what many buyers don't realize is the pre-approval you get now is not the same as it used to be. And debt ratios to ensure the application fits within a lending program. So what used to be a reasonable estimate of ...

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1

Edmonton Mortgage Broker: Will my Amortization change at Renewal?

http://edmonton-mortgage.blogspot.com/2012/07/will-my-amortization-change-at-renewal.html

July 27, 2012. Will my Amortization change at Renewal? Prime Minister Stephen Harper (Photo credit: University of Saskatchewan. This is a question I keep hearing since the government has reduced the maximum amortization. The answer is no it won't. If you renew with your current lender then nothing will change. If you decide to refinance. Or take equity out of your home then you are creating a new contract which would then be subject to the new rules. Long Amortizations SurviveWith 20% Down. Fixed vs....

2

Edmonton Mortgage Broker: December 2011

http://edmonton-mortgage.blogspot.com/2011_12_01_archive.html

December 12, 2011. Benefits of Owning Real Estate. You won’t get that from your RRSP’s. The fact is that real estate has made more millionaires than all other industries combined. You have to pay for housing anyway so why not pay yourself instead of your landlord. And your senior years will be filled with the security required to have a comfortable retirement spent travelling and golfing instead of repeating “Welcome to Wal-Mart! Links to this post. Subscribe to: Posts (Atom). DLC and Don Cherry. My expe...

3

Edmonton Mortgage Broker: Buying Your First Investment Property

http://edmonton-mortgage.blogspot.com/2012/07/buying-your-first-investment-property.html

July 30, 2012. Buying Your First Investment Property. Property market (Photo credit: Alan Cleaver. I bought my first rental property. In 2007 and it was one of the most nerve racking things I'd ever done! It was such a rush I did it again. My first house cost $29,080 in Saskatchewan and had a reliable tenant in it already. It cash flowed nicely but the three I bought after that were a disaster and cost me a bundle. A good education is expensive I guess. The first rule of investment. The second rule of re...

4

Edmonton Mortgage Broker: February 2012

http://edmonton-mortgage.blogspot.com/2012_02_01_archive.html

February 29, 2012. Understanding Today’s Economic Headlines. There is much confusion these days with what’s really going on with our real estate market and the economy in general. I thought it might be a good time to address some of these concerns and hopefully clear up some uncertainty for my friends and clients. I’ll start with the economics as that will shed some light on the real estate market. Guidelines for Interpreting what I hear from the Media. Banks and Government no longer Control the Money.

5

Edmonton Mortgage Broker: July 2012

http://edmonton-mortgage.blogspot.com/2012_07_01_archive.html

July 30, 2012. Buying Your First Investment Property. Property market (Photo credit: Alan Cleaver. I bought my first rental property. In 2007 and it was one of the most nerve racking things I'd ever done! It was such a rush I did it again. My first house cost $29,080 in Saskatchewan and had a reliable tenant in it already. It cash flowed nicely but the three I bought after that were a disaster and cost me a bundle. A good education is expensive I guess. The first rule of investment. The second rule of re...

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Edmonton Mortgage Broker

October 7, 2013. The Death of the Pre-Approval? Rather proud. (Photo credit: This Year's Love. It's pretty standard in the real estate industry for Realtors to require their clients to get a mortgage pre-approval. Before spending any time showing them properties. It saves both parties time but what many buyers don't realize is the pre-approval you get now is not the same as it used to be. And debt ratios to ensure the application fits within a lending program. So what used to be a reasonable estimate of ...

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