by Terry Lynch | Sep 12, 2019 | Articles
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... 
by Terry Lynch | Aug 8, 2019 | Articles
1. HELP YOUR CLIENTS DOWNSIZE Many older clients are looking to downsize so that they can pay-off their debt and free up some income for retirement. However, downsizing may require your client to move out of their neighborhood, or move to a much less desirable... 
by Terry Lynch | Aug 8, 2019 | Articles
The advantages of a land lease: Land-leasing is a form of home ownership that reduces the capital costs of buying a house. By going this route, residents buy their home and own it outright and lease the land. As a result, the purchase price is often reduced because... 
by Terry Lynch | Aug 7, 2019 | Articles
According to a recent article in Canadian Mortgage Trends, by Mortgage Professionals Canada, only half of Canadians are aware of the stress test requirements. While this isn’t necessarily alarming, given that most people aren’t imminently buying a house and don’t need... 
by Terry Lynch | Aug 16, 2018 | Articles
Why move when you don’t have to? Today, our aging population, the largest growing demographic, requires all of us to think and plan for our independence – our quality of life as we age. Our society’s infrastructure will be challenged to support the needs of... 
by Terry Lynch | May 10, 2018 | Articles
If the provocative nature of the above headline causes readers some concern, then my job is done! I just want to bring to homebuyers’ and homeowners’ attention just a few of the possible ramifications of the impending Marijuana laws being enacted in July as it applies...
