Mortgage fraud is on the rise and 16% of Canadians believe it is a victimless crime. Falsifying documentation to get a mortgage or lying on your application are grounds for a lender to cancel your mortgage and could lead to criminal charges.
All in Real Estate
Do you know all the costs of buying a home?
It's easy to get caught up in the excitement of home shopping. With every open house we visit, we start to imagine what it would be like to live in our very own home. With all this excitement we often overlook the many surprising and stressful costs involved in this purchase.
What you need to know about Private Lenders
There are many benefits to dealing with Private Lenders, but they are usually not suitable as a long term solution to financing your home. Find out how they work, what they cost, and when to use them.
Why do you need title insurance?
Most people don’t learn about title insurance until they’re signing documents at their lawyer or notary’s office and they learn they can pay a little extra for some insurance to cover an unlikely event. At Mortgage Sandbox, we believe it’s worth every penny and this article explains why buying it is a no-brainer.
How to Cut Through the "Noise" in Real Estate News
Balanced and honest insights into how to read and interpret real estate news, so you can cut through the smoke and mirrors.
This simple condo buying strategy will save you $100,000
This simple condo buying strategy will save you $100,000
Until May, home buyers with a 2017 pre-approval will have an unfair advantage. Don’t make an offer on a home until May 1st.
Watch out for Mortgage Regulation Part 2
A mortgage regulatory change that hasn’t been talked about much in the media but it will likely impact Toronto, Vancouver, Victoria, and Hamilton, especially if condo prices continue to climb. It asks lenders to loan less in markets with high property value risk.