Having Trouble Repaying Your Mortgage?

familylendingFamilyLending.ca, Financial Tips, General Interest, Residential Mortgages

Many Canadian home owners battle annually to keep up with mortgage repayments and are met with issues in paying back their mortgage loans. Just lately, the Canada Mortgage and Housing Corporation (CMHC) launched a campaign to help consumers understand the need to assist lenders to seek out solutions to their repayment challenges. FamilyLending.ca is here to help you to understand … Read More

Create Value In Your Home

familylendingFamilyLending.ca, Financial Tips, General Interest, Investment Property, Property Maintenance

With regards to return on your investment in a home renovation, people always want to know exactly what improvements will raise the value of their property by far the most. The easy answer is, revenue suite, however there are more tactics along with makeovers that have good dollar for dollar return also. Thinking long-term as well as beating the market … Read More

Things to Consider Before Buying a House

familylendingCredit Rating, First Time Home Owner, General Interest, Household Budget, Mortgage Types

Buying a home is a big investment – both financially and emotionally. Make sure you’re properly prepared by considering the following things prior to submitting a purchase offer. Your Credit Rating If you aren’t aware of your credit rating, now is the perfect time to do a little investigating. Making sure your finances are in order is probably the most … Read More

The Costs of Closing on a Home

familylendingFinancial Tips, First Time Home Owner, General Interest, Household Budget, Housing Costs, Mortgage Down Payment, Residential Mortgages

Did you know that in addition to the downpayment and mortgage, you’re also responsible for any miscellaneous closing costs associated with your home purchase? These fees can vary in price, but all must be paid prior to taking possession of your home. If you’re currently in the market for a new home, now’s the time to consider these hidden costs … Read More

How to Build a Better Budget

familylendingFamilyLending.ca, Financial Tips, First Time Home Owner, General Interest, Household Budget, Investment Property, Mortgage Down Payment, Property Maintenance, Refinancing my Property, Residential Mortgages

There are many challenges when it comes to creating a solid financial plan. Whether you’re saving to buy your first home or hoping to invest in some property updates, now’s the time to focus on balancing your budget. The sooner you develop a realistic budget, the easier it will be to stick to, and the sooner you’ll be able to … Read More