by bsmith | Apr 16, 2011 | Casb Management Group Inc., How I View The World
I was reading a Jason Heisler blog on the importance of not taking financial advice from broke people. This would be consistent with the teachings of Robert Kiyosaki of Rich Dad, Poor Dad fame and would seem like good advice. Jason does not appear to be a big fan of...
by bsmith | Mar 20, 2011 | Investments, Mortgages
Good Debt vs. Bad Debt – What’s the Difference? If you’ve ever struggled to keep up with all those monthly payments including the credit card and car payments, you’ll want to tune in to this important article… More and more people are getting...
by bsmith | Feb 13, 2011 | Mortgages
With interest rates at historic lows many home owners are seeking to refinance their current mortgage prior to the scheduled maturity date. It is an excellent idea to review this option as the potential savings is generally in the thousands, if not tens of thousands...
by bsmith | Jan 26, 2011 | Mortgages, Real Estate
In my line of work I have the opportunity to observe many real estate transactions and have found what I feel are the top 5 purchasing mistakes made by both novice and experienced home buyers. Please enjoy our final instalment of this series: 5. Finding the best...
by bsmith | Jan 24, 2011 | Mortgages
Readers have asked why I have not blogged to date on why some banks are converting clients over to collateral mortgages as opposed to conventional mortgage products, most notably TD/ Canada Trust on October 18, 2010. The concept is certainly not new, (think homeowner...
by bsmith | Jan 17, 2011 | Mortgages, Rant, Real Estate
Finance Minister Jim Flaherty has announced new mortgage regulations aimed at reducing Canadians’ household debt. Flaherty has unveiled three new rules: Mortgage amortization periods will be reduced to 30 years from 35 years. The maximum amount Canadians can...
by bsmith | Jan 10, 2011 | Mortgages, Real Estate
Financing former grow–op properties can be a challenge for lenders in spite of sufficient remediation of the property, the removal of mould, repair to the electrical system, etc. The issue beyond any potential physical problems with the property are concerns over the...
by bsmith | Jan 10, 2011 | Mortgages, Real Estate
An “orphan” mortgage is the term given to a mortgage that is up for renewal, and one the current lender has no interest in renewing. This might be as a result of a poor payment history of behalf of the borrower or perhaps the lenders criteria has changed and this...
by bsmith | Jan 2, 2011 | Casb Management Group Inc., How I View The World
This is curtesy of Nathalie Beauchamp. I found it and thought it appropriate for the new year. I often start my Wellness On The Go™ workshops with information about the importance of setting goals. I ask the audience to demonstrate how many of them have goals, and...
by bsmith | Jan 2, 2011 | Mortgages, Real Estate
In my line of work I have the opportunity to observe many real estate transactions and have found what I feel are the top 5 purchasing mistakes made by both novice and experienced home buyers. So far we have covered; not overpaying for the property, not buying the...
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