21 Nov

Financial Mistakes

General

Posted by: Greg Domville

4 Common Financial Mistakes Every Small Business Owner Should Avoid Every entrepreneur and business owner will make a few financial mistakes during their journey. Those who aren’t savvy in accounting often overlook the need to brush up on their financial IQ. Truth is, these little financial errors can lead to some serious cash flow problems […]

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7 Nov

General

Posted by: Greg Domville

TOP 5 THINGS MILLENNIALS SHOULD KNOW WHEN BUYING REAL ESTATE TOP 5 THINGS MILLENNIALS SHOULD KNOW WHEN BUYING REAL ESTATE There are 9 million Millennials in Canada, representing more than 25 percent of the population. Born between 1980 and 1999, the eldest are in the early stages of their careers, forming households and buying their […]

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24 Oct

Bank of Mom and Dad

General

Posted by: Greg Domville

Helping Children with A Down Payment Although home prices in Toronto and Vancouver seem to have stabilized recently, they are still at historical levels. The average home price in these two major Canadian cities are still well over $1 Million. Unsurprisingly, first-time homebuyers are finding it increasingly difficult to get onto the “property ladder”. It […]

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19 Oct

Credit

General

Posted by: Greg Domville

Credit rating and debt servicing a mortgage It is great feeling buying your first home, but for most of us the first step is preparing to get a mortgage. Your credit rating and cash flow are based on a minimum of a two-year history. As mortgage rules continue to change, the credit rating is becoming […]

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19 Oct

BFS and Mortgages

General

Posted by: Greg Domville

Self-Employed? Here’s What You Need to Know About Mortgages Why, why, why it is so challenging for entrepreneurs to obtain a mortgage in Canada? If you’re among the 2.7 million Canadians who are self-employed, regrettably your income is not as easy to document as someone who’s traditionally employed. Since 2008, mortgage regulations in Canada have […]

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4 Oct

Todays Blog

General

Posted by: Greg Domville

This story is from the Fall edition of Our House Magazine Moving on up from condo to house, these young homeowners prove age is just a number For Jordan Rothwell and Karissa Roed, the timing to find their forever home couldn’t be more perfect. The couple, who recently moved to Mission, B.C., are expecting their […]

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3 Oct

New Rules Hurt

General

Posted by: Greg Domville

This letter will also appear as a full page ad in the Oct. 3 Globe and Mail. Dear Prime Minister Justin Trudeau and Finance Minster Bill Morneau; One year ago, your government introduced new mortgage rules that put the dream of home ownership out of reach for many Canadians. Although well intended, the changes have […]

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