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Divorce & Spousal Buy-Out Program

Aug 21, 2023 | News

When it comes to divorce or separation, some individuals will want to stay in their homes. Backed by CMHC, Sagen and Canada Guaranty, the Spousal Buy-Out Program allows one party to refinance the shared home up to 95% of its appraised value. To qualify, both you and...

Consumer Price Index Report

Aug 17, 2023 | News

The most recent Consumer Price Index report was released and here are a few of the most important points. Inflation rose by 0.5% year over year in July to 3.3% due to increases in mortgage, food and energy prices. This puts Canada’s headline rate above the U.S....

Converting your Basement into an Income Suite

Aug 8, 2023 | News

With the current interest rates and economic scenarios, many Canadians may be looking for ways to bring in some extra cash. One option for this is to put your home equity to work and consider renovating your basement into a legal income suite! You can do this by using...

Appraisal coming up? Here’s how to get the best value!

Jul 31, 2023 | News

What is an appraisal and why are they important? An appraisal is an assessment of the general condition of your home used to help determine the market value of your property. In order for a lender to provide a loan on your property, they must know the market value....

Home prices in Canada go up $100,000 in 4 months!

May 16, 2023 | News, Real Estate

May 2023The average home price in Canada has gone up over $100,000 in the last four months, and here is what this means for you.If you own a home – extra equity and security.If you have debts – you can refinance and lower your monthly payments.If you don’t own a home...

Just like the weather will the real estate market heat up?

Apr 11, 2023 | News

Experts say it’s a great time to buy as there is less competition with more homes coming on the market. In most markets, home prices are continuing to plateau. However, prices are still up compared to pre-pandemic values, making it an excellent time to sell. Overall,...