The core asset for many families – learn how to get it, manage the mortgage and keep the house!
A mortgage broker helps homeowners by researching loans and negotiating with lenders. Here is a closer look at eight of the top reasons to work with a broker to obtain a mortgage. 1. Save Time and Energy Working with a mortgage broker saves you time and energy. You can spend less time shopping around for …
When you are buying a home, you may work with a mortgage broker who is licensed to advise you, find loan options, and negotiate your home financing. People work with these professionals because it gives them access to a greater number of financing options. Most of the lenders in Canada find borrowers through the mortgage …
Top Six Considerations When Hiring a Mortgage Broker Read More »
What is an Old Home? Many consider any home that was built before the 1980s an old home. But there are certain characteristics of a house that can tell you it’s an old house. Old homes tend to have a charm about them. Having said that, if you are considering buying an old house …
For most Americans, retirement isn’t the glamorous affair depicted in mutual fund commercials. According to a 2018 study commissioned by Northwestern Mutual, the average American nest egg is only worth a little over 84,000 USD. Even worse, 21% of Americans have no retirement savings at all. These stark facts mean most can expect to be …
A mortgage accelerator program is a mortgage loan program that is tied to your home equity line of credit (HELOC). The goal of the program is to help you pay off your mortgage faster and save tons of money. Types of mortgage acceleration programs Mortgage acceleration programs are of two types. There is the bi-weekly …
How does one retire in peace exactly? Contrary to what you might believe, you don’t need millions to retire comfortably. To me, peace in retirement means that I get to live a simple middle class lifestyle without having to worry about big financial obligations. Simple habits like maxing out your 401K contributions and living on …
How a phonecall and some paperwork can lead to a sweeter retirement Read More »
As most people are all too aware, buying a home is a financial goal – likely the most significant for a large section of the populace – that has been delayed for many wannabe homeowner thanks to the recent recession. However, now that the economy continues to strengthen in 2015, many Americans have decided the time …
For many of us, a home will be the single largest purchase we will make during the course of our lifetime. Buying a home requires an understanding of all the factors that will impact a potential purchase and savvy management of finances to close the deal. Getting it done the right way, limiting emotion to …
While there isn’t necessarily a great debate raging, there are strong opinions on both sides of the question, “is a home an asset or a liability?” There are those that believe the home they live in should be considered an asset. However, there is a school of thought, popularized by Robert Kiyosaki (author of Rich Dad …
