What is Foreclosure? Can You Stop It?

What is Foreclosure? Can You Stop It?

Foreclosure is every homeowner’s worst nightmare. Nearly five million Canadians have mortgages. 12,000 Canadians have mortgages in arrears, opening the possibility of foreclosure. It is important to understand your rights in foreclosure or power of sale. ...
List of Alternative Mortgage Lenders Canada

List of Alternative Mortgage Lenders Canada

There are currently over 4 million residential mortgages in Canada, with millions of residents paying off their homes in different ways. The way you finance your mortgage might not be the same as your neighbor’s. For obvious reasons, it all depends on your job,...
What if I Can’t Pay For Property Taxes?

What if I Can’t Pay For Property Taxes?

A property owner in Ontario needs to pay property taxes – taxes that are used mainly for public education, local police, libraries, and firefighting. Your municipality will mail you a tax bill every year for every property that you own in Ontario. How much you...
Do Banks Offer Bad Credit Home Equity Loans?

Do Banks Offer Bad Credit Home Equity Loans?

Do Banks Offer Bad Credit Home Equity Loans? Yes — some do! While many major banks have tightened their lending requirements under Canada’s new mortgage rules, there are still lenders willing to work with homeowners who have bruised or bad credit. If you’re...