20 Nov

Mortgage With Free Legal Fees

General

Posted by: Darick Battaglia

With a competitive market in full force, banks and credit unions are offering rates for their mortgages with free legal fees. Before you sign on what seems to be a great offer, take a look at the numbers and see what a mortgage with free legal fees is really costing you. This is one of […]

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19 Nov

Online Mortgage Rates and Products – Do They Apply To You?

General

Posted by: Darick Battaglia

Online access to information is fantastic! The ability to understand a glossary of terms and products out there is amazing when compared to even a decade ago. I love “Googling” and finding how to fix my car, or how to engage in my do-it-yourself home projects. I feel more informed and gain confidence embarking on […]

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18 Nov

Beers, Bikes and Mortgages

General

Posted by: Darick Battaglia

I’m sure the only reason why you clicked on this blog link was because of the title as it seemed a bit strange – I too would be curious. Why would a Mortgage Expert publish a blog about BEERS, BIKES and MORTGAGES! Simple, all three share a common thread with me…they all interest me for various different reasons […]

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17 Nov

Home Buyer’s Plan: Understand Your Investment

General

Posted by: Darick Battaglia

Brad and Brenda have been putting some money in their RRSPs investments for the last four years. Their last statement shows that they have $12,500 in their RRSP’s savings, and they also have $5,000 in the bank in their savings account. They decided to buy a starter home in Winnipeg, MB for the price of […]

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16 Nov

That Oh So Important Financing Condition

General

Posted by: Darick Battaglia

There you are, sitting down with your realtor and preparing an offer to purchase for that amazing home that you just looked at this afternoon. You get to the point in the conversation with your realtor about the need for a financing condition and you’re trying to remember what you talked about with your Mortgage […]

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13 Nov

4 Costly Mortgage Mistakes of those New Home Buying “Incentives”

General

Posted by: Darick Battaglia

It’s exciting! Brand new shiny homes, opulent new appliances and granite countertops followed by massive marketing with deep discounts, rebates, cashback, free tvs, offers to pay your strata and mortgage payments? Developers are throwing in these incentives to entice buyers and many are getting shocked with the ramifications when they close at the lawyers. Nothing comes […]

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12 Nov

What You Need To Know About Deposits & Down Payments On A Purchase

General

Posted by: Darick Battaglia

When you write a contract to purchase a home, in the offer you’ll need to include a deposit amount, which you’ll agree to pay upon subject removal. This amount will then form part of the down payment upon closing. This amount does NOT have to be a specific percentage of the purchase price – it […]

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10 Nov

Buying a Second Home

General

Posted by: Darick Battaglia

There are a growing number of families living in Vancouver, or moving to the region, who are choosing the option of buying a second home in the lower mainland or in one of the many great locations throughout British Columbia. When it comes to mortgage financing, there are many lender programs available at the best […]

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9 Nov

Rate Hold vs Pre-Approval – A Common Misconception

General

Posted by: Darick Battaglia

mis-con-cep-tion (noun) – a view or opinion that is incorrect because it is based on faulty thinking or understanding; mistaken notion; an erroneous conception. With not knowing how to start this particular blog post, I decided to look for some images that might summarize the topic best – What is the difference between a RATE […]

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6 Nov

What is a credit report and why is it necessary?

General

Posted by: Darick Battaglia

What is a credit report and why is it necessary? It’s easy, it provides proof of your creditworthiness. Plain and simple! In this day and age, it’s rare to find someone who doesn’t have some form of credit. This can include credit cards, personal loans, lines of credit, car loans,  student loans, mortgages and more. […]

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