Your professional Real Estate AMIGO with over 25 years experience in Buying, Selling and Investing.
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Monday, May 27, 2013
Friday, May 24, 2013
Over the limit on Credit Cards
Keep in mind that going over the limit on a credit card will count against you on your credit score.
Real Estate Market Update
I have been seeing lots of price reductions, it looks like we have hit the peak of the spring market.
Tuesday, May 14, 2013
Wednesday, May 8, 2013
Canadian Housing Market is not like the U.S.
Canadians have more equity in their homes than Americans did, the default rate is lower, the sub-prime market is tiny, and mortgage interest is not tax-deductible, so there’s no incentive to build up debt.
Finally, mortgages are structured as recourse loans in which assets other than the house are held as collateral. That makes Canadian homeowners less likely to walk away than their American cousins.
Finally, mortgages are structured as recourse loans in which assets other than the house are held as collateral. That makes Canadian homeowners less likely to walk away than their American cousins.
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