by Harpreet Sandhu | Oct 16, 2020 | Blog, Economy, Finance
Property taxes are levied to homeowners as a way to help maintain services in your community that ensure your neighbourhood continues to thrive and remain an attractive place to live and work. Property taxes represent a key source of funding for municipalities as...
by Harpreet Sandhu | Sep 18, 2020 | Blog, Finance, Homeownership, Mortgage
One of the most challenging obstacles to homeownership is saving enough money for a down payment. Thankfully, mortgage default insurance provides a break to homebuyers that enables you to put less money down. The minimum down payment required to purchase a property...
by Harpreet Sandhu | Sep 4, 2020 | Blog, Finance, Homeownership, Mortgage
Both a home appraisal and an inspection are important steps within the home buying process, so it’s well worth your effort to distinguish the differences between them and learn how they can both be used to your advantage to uncover detailed information about a...
by Harpreet Sandhu | Aug 12, 2020 | Blog, Finance, Homeownership, Mortgage
Canadian seniors who are feeling the financial effects of the COVID-19 pandemic are showing interest in reverse mortgages as a way to stay in their current homes. With a reverse mortgage, Canadians aged 55+ can borrow funds against home equity. No payments are...
by Harpreet Sandhu | Jul 17, 2020 | Economy, Finance, Homeownership, Mortgage
It’s important not to subscribe to the doom and gloom media reports about the Canadian housing market, especially in the midst of COVID-19 emergency measures. The reality is that, regardless of what you’re reading in the mainstream media, people are still finding...
by Harpreet Sandhu | May 15, 2020 | Blog, Economy, Finance, Mortgage
A debt-to-income ratio (DTI) is a comparison of your monthly debt payments versus your monthly income. Lenders use this formula to determine how well you manage your monthly debt and your likeliness of repaying a loan. Debt obligations refer to such things as credit...
