Your search results

Category Archives: Financing

A NEW TAX FOR THE GREATER GOLDEN HORSESHOE REGION

Jul 07, 2017
Aimed at restoring semblance of affordability in certain area of the province, the Ontario government has introduce [more]
Continue Reading

WHAT DOES IT MEAN AND HOW DOES IT AFFECT YOU?

Nov 16, 2016
Many are concerned after a major shift in mortgage rules was announced by the federal government in October, drivin [more]
Continue Reading

WHAT IS A POWER OF SALE?

May 22, 2016
In a Power of Sale (POS), the financial institution that holds the mortgage has taken over the sale of the property, as the current owner has failed to meet his repayment obligations. Powers of Sale a [more]
Continue Reading

WHAT ARE THE BENEFITS OF A VENDOR TAKE BACK MORTGAGE?

Mar 03, 2016
A Vendor Take Back Mortgage (also referred to as a “VTB”) is a private mortgage funded by the seller or vendor of the property. They are offered when the potential buyer of a property:  (1) does not h [more]
Continue Reading