by Jennifer Lynn Walker | Nov 24, 2017 | Home Buying Selling, Mortgage & Finances
Homebuyers beware: banks are tightening up their protocols. While you may be approved for financing, your deal may still fall through because the bank turns down the house or building you want to buy. It’s happening. And when it does, it creates a lot of confusion...
by Jennifer Lynn Walker | Oct 4, 2017 | Home Buying Selling, Mortgage & Finances
Having the right mortgage broker can be the difference between buying that dream house or missing out. It’s particularly important here in Quebec. A broker who doesn’t know our laws and doesn’t speak the language can cause serious delays that end up pushing your...
by Jennifer Lynn Walker | Mar 11, 2017 | Mortgage & Finances
At a recent weekly real estate broker meeting, a manager brought up a situation that was affecting a buyer and the purchase of a home. The deal was accepted but when it came time for the buyer to find insurance for the house, he couldn’t find a company that...
by Jennifer Lynn Walker | Feb 25, 2017 | Mortgage & Finances
The Canada Revenue Agency (CRA) is smartening up and putting a new rule in place starting for the 2016 taxes, that requires all taxpayers to report the sale of their principal residence, whether they owe tax or not. Sales of primary residences have long been immune to...
by Jennifer Lynn Walker | Oct 12, 2015 | Mortgage & Finances
Recently I worked with a client that put an offer on a house in Lachine down by the water. It was a turn of the century duplex with a crawl space. The roof needed to be done and the foundation needed some work. How much work? No one was sure because a foundation...
by Jennifer Lynn Walker | Oct 23, 2012 | Mortgage & Finances
So you’re all ready to buy a house. Are you REALLY financially ready? Many eager buyers ready to purchase their first home forget to plan for all the expenses and end up facing unpleasant financial surprises. Having a pre-approved mortgage from your bank and a down...
by Jennifer Lynn Walker | Dec 10, 2010 | Mortgage & Finances, Real Estate Investing
Marc-André Rocher from the Royal Bank gave a talk at my Real Estate Investment Group about bank financing for residential multi-door. For information on our group, click here: Montreal Real Estate Group These are my notes from the presentation.The bank can finance a...
by Jennifer Lynn Walker | Mar 26, 2009 | Mortgage & Finances, Real Estate Investing
Clients of mine have had their mortgage for sixteen months with Industrial Alliance. They have to sell their house. They looked into breaking their mortgage which is at $243K @ 5.66%, with 284 remaining months left to pay, becoming due Sept 2012. They got the news...
by Jennifer Lynn Walker | Feb 9, 2009 | Mortgage & Finances
The Chambre des notaires du Québec has put a new rule into place in regarding discharging your mortgage. es The purpose of these new rules is to make real estate transactions more secure for the seller, the buyer, the old and the new mortgage creditors, and the...
by Jennifer Lynn Walker | Oct 1, 2007 | Home Buying Selling, Mortgage & Finances, Real Estate Investing
There are many tools available to help you evaluate your financial situation and make your dream of becoming an owner come true There are many tools available to help you evaluate your financial situation and make your dream of becoming an owner come trueBorrowing...
