A detailed guide to mortgages for all levels of homebuyer.
All in Real Estate
By 2020 Metro Vancouver housing stock will be short by 47,000 homes! The housing supply problem is bad, it’s real, and will get worse.
We’ve all heard people in Vancouver who blame lack of supply for housing unaffordability. Many will have heard the opposing argument that the supply problem is a “myth”. However, our analysis at Mortgage Sandbox shows that the supply problem is real and could be worse than any of us imagined.
We need to settle this once and for all, so that government can act quickly to solve the housing crisis.
Over the past ten years there have been many government interventions intended to cool the housing market. It appears we may have hit a tipping point. The market has stalled and is either about to provide a “soft landing” or “hard landing” delivering much needed affordability to the market. Alternatively, this could just be a breather before prices continue their upward march.
Getting a mortgage with bad credit is possible. Depending on your situation, you could get financing from a Major Bank, Mortgage Specialist Bank, or Private Lender. They all want new business and this article will explain what each lender needs to make the deal work.
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.
A vacation is so much more enjoyable when you know that everything is taken care of at home so here are a few tips for peace of mind while you are on vacation.
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.
You’re almost there… this is the final stage of buying a home: Closing the deal. Learn the importance of home insurance, locksmiths, and a high quality home inspector.