Construction Draw Mortgages
The dream to build your own home is alive and well, especially in Vancouver! Take a drive down any street in one of (metro) Vancouver's neighbourhoods and you'll see several projects on the go. This week I want to write about the mortgages that finance these incredible projects and what it takes t
The 3 Principles of Highly Successful Mortgage Qualifications
Over the last decade the process of qualifying for a mortgage has increasingly become more cumbersome and frustrating. In fact, some claim it is easier to attain citizenship to another country than it is to secure basic financing for a 1 bedroom condo in Calgary. So why is this? Why all the question
Purchasing and Mortgaging a Property via an Assignment
What is a real estate assignment contract?Before I get in to the process of how to qualify for a mortgage when assigning a real estate contract, let's first unravel what a real estate assignment is.A real estate assignment is a transaction similar to that of a standard real estate transaction, excep
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