by Jennifer Lynn Walker | Dec 10, 2010 | Mortgage & Finances, Real Estate Investing
By Jennifer Lynn Walker 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....
by Jennifer Lynn Walker | Feb 8, 2010 | Mortgage & Finances, Real Estate Investing
Most of us assume that when it comes time to buying a building, whether it be a house or a million dollar structure, that there are only two ways to do it: Pay cash or get a mortgage. Well I’m here to tell you that there are many, many other ways to do creative...
by Jennifer Lynn Walker | Mar 26, 2009 | Mortgage & Finances
By Jennifer Lynn Walker 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...
by Jennifer Lynn Walker | Feb 27, 2009 | Mortgage & Finances, Working with Brokers
It always humours me when I’m dealing with a newer client and when I ask them if they’ve been to the bank or have talked to a mortgage broker, most all seem to get defensive…like, “Of course I have the money!” Maybe it’s my approach.It seems to me in that moment that...
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 9, 2007 | Mortgage & Finances, Real Estate Investing
People talk about running the numbers before buying an investment property, but what are the numbers and how do you get accurate numbers?Running the wrong numbers can make the difference of making $500 or losing $1000 per month. RENTAL INCOME When you run the numbers,...
by Jennifer Lynn Walker | Oct 1, 2007 | Buying, Mortgage & Finances
The sale price… and more You’re ready to make the big move? Congratulations! You must now set a realistic budget. Once you have accounted for notary fees, municipal and school taxes, heating, electricity and maintenance costs, how much is left over to pay for your...
by Jennifer Lynn Walker | Oct 1, 2007 | Mortgage & Finances, Real Estate Investing
By Jennifer Lynn Walker There are many tools available to help you evaluate your financial situation and make your dream of becoming an owner come true. Borrowing Capacity and Preauthorized Mortgages When you start to look for a property, it is in your best interest...
by Jennifer Lynn Walker | Nov 2, 2006 | Buying, Mortgage & Finances
This is an article that was posted on the CMHC website. It’s an interesting article showing you the difference between having CMHC involved or not. I am posting this article solely on the fact that there were all these “hidden” fees if you didn’t go through...
by Jennifer Lynn Walker | Apr 4, 2006 | Buying, Mortgage & Finances
A pre-approved mortgage lets you know the maximum amount you can borrow to buy a home before you even begin looking for one. You can then make an offer on a property with peace of mind. To figure out how to do it, most mortgage lenders use this formula: (Note: We are...
