Archive for: February 2013

Mortgage RRSPs a little-known option

Filed under: Mortgage - 27 Feb 2013

THINK OUTSIDE THE BOX: A self-directed mortgage is an option for a select few.  Our office can show you how to finance your investments and home renovations with a tax savings in mind.  Leverage, when used appropriately, can be a …

The Smartest RRSP Savings Strategy Of Them All

Filed under: Mortgage - 27 Feb 2013

THINK OUTSIDE THE BOX: it’s never too late for “RSP Season” – start saving today!

This is deceptively simple. Start early with RRSP contributions and then make regular payments year after year. I do this, but I think I’m in the …

Retirment Savings in Canada – by the numbers

Filed under: Mortgage - 27 Feb 2013

THINK OUTSIDE THE BOX: Canadian saving rates have decreased in recent years.  Why not consider a mortgage in your RRSP or a rental property to bolster returns?  Here it is – the numbers don’t lie:

 (CBC News Feb. 27/13)

Saving for retirement …

Brokers meet your new clients

Filed under: Mortgage - 26 Feb 2013

THINK OUTSIDE THE BOX:   The ‘Loan To Value’ question/answer depends. Vendor-financing is actually a toolbox of techniques, each with its own risk profile, hence different down payment/deposit requirements. Depending on technique and who holds title, the buyer’s “skin in the …

Client uses Twitter to challenge TD mortgage

Filed under: Mortgage - 22 Feb 2013

THINK OUTSIDE THE BOX: Mortgages are not all the same and the decision on which mortgage to choose should not be based on Rate alone.  Below is an article (condensed version)  on a TD client’s unexpected experience with their mortgage …

Should you sell your house before you buy a new one?

Filed under: Mortgage - 21 Feb 2013

THINK OUTSIDE THE BOX:  With our ever changing market, I would recommend working with a seasoned real estate professional who has a good handle on your local market conditions to give you a better idea on ‘how long’ it may …

10 ways to reduce your tax bill

Filed under: Mortgage - 14 Feb 2013

THINK OUTSIDE THE BOX:  Make filing your taxes this spring even easier by doing it online. It’s fast, secure and you may be able to use cost-free filing software. The Canada Revenue Agency offers step-by-step instructions at www.cra.gc.ca/getready.

The days …

Does borrowing to invest in RRSPs or other investments make sense?

Filed under: Mortgage - 05 Feb 2013

THINK OUTSIDE THE BOX:  Make an informed decision!   I would highly recommend you speak with a seasoned Financial Planner or contact our office for a referral.

With RRSP season in full flight, a lot of your clients may be wishing they had …