A (Hard!) Lesson Learned!

A (Hard!) Lesson Learned!

An Ontario Court of Appeal delivered an expensive lesson to a GTA homebuyer who made an unconditional offer that was later retracted. Back in 2017, ‘Sammy’  had made an unconditional offer on an East GTA, Ontario, home for $1,871,000. Following the...
CMHC’s FTHB Incentive Off to a Slow Start

CMHC’s FTHB Incentive Off to a Slow Start

As reported recently by Canadian Mortgage Trends, the voice of Canadian Mortgage Professionals, CMHC’s First-Time Home Buyer Incentive (FTHBI) is off to a slow start. The initiative had been widely criticized at its inception as nothing more than a cynical election...
Scams against Seniors

Scams against Seniors

Fraud comes in all shapes and sizes, from investment swindles and suspicious phone calls to online scams and ID theft. There are many reasons as to why and how this takes place.Generally, this generation was raised to be polite, so may be easily pressured or...
Missed a Mortgage Payment Lately? How can I help?

Missed a Mortgage Payment Lately? How can I help?

There are times in our lives when the unexpected happens and we find it difficult to cope financially. It could be a job loss, an unexpected illness, the death of a loved one or separation and divorce. There may be enough money to get by for a few months, but soon...
First Time Home Buyers Incentive Programme

First Time Home Buyers Incentive Programme

A boon for first time home buyers or a cynical election ploy? A new CMHC (Canada Mortgage and Housing Corporation) program designed to make it easier to buy a home would be limited to first-time buyers who earn less than $120,000 a year. On Monday September 2nd the...