It is hard to believe it is Halloween already! Even though Fall has already started, there are a few things you can do still to ensure your home is well-prepared for the season: Whatever your plans this season, a quick check of your home will ensure there are no surprises!
Let’s talk about escrow! While this arrangement may not necessarily impact your mortgage, it can be helpful to understand should anything come up throughout your term. What is Escrow Starting with the basics, what IS escrow exactly? Escrow refers to a financial agreement where assets or finances are held by a third party on behalf of two other parties (such […]
If you have a basement suite or rental property and you are currently looking for a tenant, there are some things to know! Whether this is your first tenant or you have other rental properties, it is a good idea to familiarize yourself with the specifics to ensure a harmonious tenancy. As always, your responsibility as the landlord is to […]
Are you thinking about co-signing on a loan? If you’re looking to help out a family member or loved one, this is a great way to do that as a co-signer can help overcome stress testing and borrowing limits. However, it is important to be aware of the implications when co-signing on any loan. Co-signing for a loan always requires […]
When it comes to your money, RRSPs are one of the best ways to save. Known as a “Registered Retirement Savings Plan”, RRSPs have tons of benefits including: reducing your taxable income, earning compound interest, savings protection and more. One major component of RRSPs are your contributions! You have a maximum contribution amount that is equal to 18% of your […]