19 Oct 2020

The title of this blog post isn’t mincing words. The photos below are ones from a listing I recently saw in Toronto, asking about $600,000. This, folks, is a dump with a capital “D”. (Keep scrolling, I promise this will...

09 Oct 2020

October 1st was the day that you can open a Personal Real Estate Corp, or PREC. Great. However, what does this mean for you as a Realtor trying to get a mortgage? That’s where things get…. interesting. Here is how we qualify Realtors...

04 Jun 2020

News is coming out that CMHC may not change the 5% down rule, but may change how much of your income we can use to service the mortgage. This change will be equally onerous and destructive to first-time buyers since I...

20 May 2020

Holy ….. smokes.   Let me explain before I react.   CMHC is the government body that insures mortgages. To put it in the simplest of terms, when CMHC insures a mortgage, it means the bank essentially does not have any risk...

05 May 2020

First off – hope you’re all doing well. I know #COVID19 is not the best time for everyone out there. As the data keeps coming, things seem to get better, so let’s keep being smart and responsible! In the meantime…...

02 Apr 2020

Ok. I get it. I know that most of you are going to be very angry at this post because it may seem like I am actually encouraging people to get out there and buy properties. I’m not. As a...

18 Mar 2020

As I wrote in my previous post, there is relief coming to help you with your mortgage, should you need it. I think a lot of people will jump at the chance. As a result, a lot of our lenders...

18 Mar 2020

Welcome to the new normal. First, I want to acknowledge the strong leadership that we are seeing across all party lines. I want to say thanks to the thousands of Canadians who are working their butts off keeping us healthy...

04 Mar 2020

Ahhh-chooo!! Not since 2008 have we seen a unilateral world-wide response to a global issue affecting our economy. Yesterday the Federal Reserve lowered rates by 1/2 in the US. Today, the Bank of Canada did what many thought there would be...

27 Feb 2020

Four Ways To Buy A House Without Money Today I’m going to talk about how to buy a house without any money. I know it sounds like a little bit of a trick, a gimmick, a “click-baitey” type of headline....