Property Assessments

AB Assessments vs. Market Value Provincial Property Assessment notices have arrived in the mail, giving some homeowners a big smile and a bit more spring in their step (increased property taxes aside), while others wilt and lament at a modest gain or decrease in assessed value. Hold on a sec,…

Debt Consolidation

Debt consolidation can help with the pressures the holidays bring on. Christmas can either be a wonderful time of the year or a stressful one for many Edmonton homeowners. Everything is always based on gift-giving rather than giving of your time, baking something, or doing something for someone else. Well,…

Protect Your life

Protecting your life with mortgage insurance is very important to help manage unexpected life events. Insurance protection for both life and disability is yet another cost when purchasing a home however how does one plan on paying the mortgage if one was to die and leave a spouse behind to…

Mortgage Surprises

5 Mortgage Surprises to keep an eye out for. Switching your mortgage can save you thousands however choosing the right one can be a challenge. With the Government of Canada 5-year “bond rates” being all over the map, interest rates are changing daily. Lenders often have rate specials to get…

Budget for Closing Costs

If you have been thinking of buying a home, you’ve probably started saving for the down payment. But have you considered how much you will need to save for the closing costs? If you haven’t, you are not alone., most people often forget or do not plan for closing costs.…

BOC Update

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is your personal update from me on the recent Bank of Canada announcement on changes to their Overnight Rate which in most cases impacts your Prime Rate. At…

Credit Score, what is it?

A Credit Score, what does it really mean? A credit score is a number, generally between 300 and 900, that helps determine your creditworthiness. Credit scores are calculated using information in your credit report, including your payment history; the amount of debt you have; and the length of your credit…

Mortgage Pay Down Tips

Your Edmonton mortgage is one of the biggest and longest-running debts you will ever have to pay. These mortgage payments can consume a big chunk of your earnings. Paying down your Edmonton mortgage will not only lower your debt, but it will also reduce the amount of money you spend…

Condo Doc Review

Condo Document Review When you purchasing a condo, you are buying into a business. You want a nice condo, but you also want to buy into a well run and financially healthy condo corporation. During your condo purchase, you will have an opportunity to review the condo documents. They outline…

Bank of Canada

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is your personal update from me on the recent Bank of Canada announcement on changes to their Overnight Rate which in most cases impacts your Prime Rate. At…