by bsmith | Sep 7, 2010 | Casb Management Group Inc., How I View The World, Investments, Mortgages, Real Estate
Tom & Nick Karadza have shared a story of a real estate deal gone bad and the life lessons learned in the process. I liked it so thought I would share an edited version. Our family had purchased a $750,000, three car garage, 4,400 square foot house to “flip for...
by bsmith | Aug 28, 2010 | Mortgages, Real Estate
If You Have A Mortgage You Need to Read This September 8, 2010 is quickly approaching and represents the next scheduled increase in the Bank of Canada Prime Rate. Currently at 2.75% can we expect an increase to 3.00%? Could it be more? If you have a variable rate...
by bsmith | Aug 28, 2010 | Business Financing, Casb Management Group Inc., How I View The World, Investments, Mortgages, Real Estate
There is one marketing truth you must understand: People buy when they are ready to buy, not when you are ready to sell. So, just because your lead is not ready to buy today, doesn’t mean they aren’t important. After all, today’s leads are...
by bsmith | Apr 20, 2010 | Mortgages, Real Estate
I was speaking to one of our lenders last week and suggested that he send me a summary of all the changes happening in the Canadian residential mortgage market. He said he would once they figured it all out. I found that amusing given the Minister’s press conference...
by bsmith | Mar 13, 2010 | Mortgages, Real Estate
With all the focus and media attention given recently to changes in the mortgage rules, one very important change went virtually unnoticed and this change will have a significant impact on self employed mortgage applicants. Effective April 9, 2010 the loop hole that...
by bsmith | Feb 16, 2010 | Mortgages, Rant, Real Estate
I am writing this just minutes after Jim Flaherty’s February 16, 2010 press conference and typically I now have more questions than answers. I makes me nervous when the government feels they need to intervene to protect citizens from themselves. Call me a cynic, but...
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