The Real Estate Blog

Any Useful or Interesting Real Estate Information

Benefits Of A Bridging Loan When Dealing With Properties

Posted by Roland on January - 10 - 2013

A bridging loan plays a very significant role for people buying new houses. This loan help families get a good deal on houses situated in good neighbourhoods or even bigger homes. With the current economic conditions, not many households can save monthly income until it accumulates to a sufficient amount when buying a new home. However by using this loan families are able to own even two properties. Many lenders  [ Read More ]

How Does a Bridge Mortgage Benefit You?

Posted by Chris on October - 8 - 2012

How Does a Bridge Mortgage Benefit You? If you want to buy a new home before your old home has sold, you may need a bridge mortgage. These allow you to “bridge the gap” between how much you can pay and how much the bank will pay for a new property. They can have a downside since you’ll technically have two mortgages concurrently accruing interest while you wait for your  [ Read More ]

What Mortgage Lenders Usually Ask

Posted by Chris on September - 22 - 2012

Anyone who has ever applied for a mortgage will tell you how stressful it can be; on top of being asked for proof of income, they also have all sorts of other questions prepared. Mortgage lenders need to make sure that you have the ability to pay back what you borrow, so they might tend to grill people who take out loans from them. Make sure that you’re ready to  [ Read More ]

How to compare mortgage quotes and get cheap mortgage

Posted by Chris on April - 11 - 2012

Mortgage quotes: enjoy another guest post by Scott Mathew. Thanks, Scott! It may be your childhood dream to buy your own house. If you think the wait is over and this is the right time to buy a house, make sure you find the best deal. Whether it is the house itself or the mortgage required to buy it, select the most beneficial option for you. In case of mortgage,  [ Read More ]

Please enjoy this the first ‘Guest Blog’ submitted by Scott Mathew. The Canada Customs and Revenue agency (CCRA) had introduced Registered Retirement Savings Plan (RRSP), which acts as a favorable retirement tool for the Canadians. Anyone with an ‘earned income’ can make use of the plan till 71 years of age. The RRSP acts as a tax-deferred savings option for the working individuals, which even generates interest if the savings  [ Read More ]

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