What You Need to Know About Smart Homes

General Nicole Perri 10 May

Technology is constantly evolving to our needs as a society and individuals. One of these exciting developments has been the creation of smart homes. What is a Smart Home? A smart home is where homeowners can control thermostats, lighting, appliances and other devices remotely. This can be done over the internet through a smartphone or […]

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What are my Amortization Options?

General Nicole Perri 8 Mar

Your mortgage amortization period is the number of years it will take you to pay off your mortgage. Depending on your choice, the amortization period will affect how quickly you become mortgage-free. It will also determine how much interest you pay over the lifetime of your mortgage. A longer lifetime equals more interest, whereas a […]

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How to Avoid Costly Mistakes When Building a New Home

General Nicole Perri 6 Feb

Building a new home is super exciting as you begin to create the perfect space for you and your family. However, building a home is not without its costs and potential surprises. To mitigate bumps on your homebuilding journey and avoid costly mistakes, consider the following tips: Set a Realistic Budget When building your own […]

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Mortgage Renewal Benefits 2024

Mortgage Tips Nicole Perri 12 Jan

Is your mortgage coming up for renewal? There are some incredible options when renewing your mortgage.  We have all the details here on how to make your mortgage renewal work for you as we start 2024. Get a Better Rate When you receive notice that your mortgage is coming up for renewal, this is the […]

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Mortgage Types 101

General Nicole Perri 8 Dec

Get to know the important basics before you choose your mortgage. You have to select what is most important to you – lower rates or flexibility. Before you choose a mortgage, take some time to study the different mortgage types: Closed Mortgage If you want consistency concerning rates and the length of your mortgage agreement, […]

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6 Things For Co-Signers To Consider

General Nicole Perri 14 Nov

Are you thinking about co-signing on a loan? If you’re looking to help out a family member or loved one, a co-signer can help overcome stress testing and borrowing limits. However, it is important to be aware of the implications when co-signing on any loan. Credit History If you are acting as a co-signor on […]

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Mortgage Portability

General Nicole Perri 6 Oct

When it comes to getting a mortgage, an overlooked element is the option to port the loan down the line. Porting your mortgage is an option within your mortgage agreement. It enables you to move to another property without having to lose your existing interest rate, mortgage balance and term. Thereby allowing you to move […]

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Market Beware: Subject Free Offers

General Nicole Perri 8 Sep

When it comes to purchasing a home, most offers include conditions or subjects. These are requirements that need to be completed before the sale can be finalized and the property is transferred. Some of the most common subjects include: Financing approval Home inspection Fire/home insurance protection Strata document review if appliable The purpose of these […]

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Empowering Aging in Place with the CHIP Reverse Mortgage

General Nicole Perri 11 Aug

As we age, maintaining independence and staying in the home we love can be a challenge. We are faced with reduced mobility and the need for costly home modifications and personal care services. However, with the CHIP Reverse Mortgage by HomeEquity Bank, aging in place becomes more feasible and attainable. Here are three ways in […]

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What You Should Know About Mortgage Amortization

General Nicole Perri 6 Jul

Your mortgage amortization period is the number of years it will take you to pay off your mortgage. Firstly, it will affect how quickly you become mortgage-free. Secondly, it will affect how much interest you pay over the lifetime of your mortgage.  A longer lifetime equals more interest, whereas a shorter lifetime equals less interest […]

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