Real Estate Blog

A second mortgage is a mortgage that is placed on a property that already has a first mortgage on it. A property may have multiple mortgages on it, and they are named in the order in which they are placed on the property. When a property is sold, the mortgages must be...

What is Power of Sale? In the city of Hamilton and the rest of Ontario, the lender can use the power of sale process if the borrower fails to make mortgage payments. In the power of sale process, the lender evicts the homeowner to sell the property and recoup their...

If you've been turned down by a bank, you may still be able to get a private lender mortgage. A good way to find a private lender is through a mortgage broker. Mortgage brokers that focus on private lending will have a network of private lenders that compete for your...

Mistake #1 - Not knowing what they can afford before making an offer. The best way to avoid this is to get pre-approved for a mortgage so you know exactly how much you can afford. Usually pre-approvals are free. Mistake #2 - Not knowing who the agent represents....

Be on the Lookout for these 6 Warning Signs That Could Mean Expensive Repairs... Many people think that serious defects in a home are easy to spot, but the truth is, often the most serious and costly problems can only be detected upon very close inspection. When you...