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The Top Ten Ways to Prepare for Retirement
June 9, 2024
Planning for retirement, usually a major financial concern for those over age 40, has become even more prevalent now that the huge postwar baby boom generation is moving through middle age.
Various surveys indicate that preparing for retirement already ranks as a primary financial goal. A recent survey of mutual fund shareholders showed that ...
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7 reason to plunge into the property game
June 5, 2024
If talk about a housing correction are keeping you out of the property investment game, here are seven top reasons to overcome those fears. As real estate veteran Paul Kondakos, president of RealtyHub.ca, points out your time to buy an income-producing property may be now.
1. Mortage Rates - Canadian bond yields continue to sit at historic ...
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Why You Should Be Investing Your Money In Real Estate
May 15, 2024
As entrepreneurs find success with their primary business ventures, many search for the proper investments for their profits.
Of course, we can and should all start traditional tax preferred vehicles like an IRA and 401k. These are the bedrock of good 'benefit' planning for ourselves and our employees. I'm also convinced more entrepreneurs ...
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Lots of Changes in Home Buyers' and Sellers' Profiles
May 12, 2024
The profile of home buyers will change significantly in the next few years, according to a public telephone survey conducted in September for the Greater Montreal Real Estate Board (GMREB). The survey, which is the fourth one, helps profile buyers and sellers, as well as measure their intentions over the next five years.
Buyers' and Sellers' ...
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Curb appeal projects return most value for homeowners
May 5, 2024
Remodeling report details most profitable home projects
A home's curb appeal is at the top of most profitable remodeling projects, according to a report out this week that details remodeling costs versus value.
Every penny counts for homeowners and home sellers in a slumping housing market and those looking to remodel will consider the ...
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How to improve your beacon score
May 2, 2024
Last month, we explained that your credit rating is obtained by the evaluation of all the information held on you, on your loans, your credit limits and your credit cards. In Canada, the creditors use the terms credit or Beacon score, a number that varies from 300 to 900. Beyond 700, it generally states that the individual’s risk of default is ...
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Reverse mortgage is not for everyone
April 28, 2024
It's a tempting proposition: after years of writing cheques to the bank to pay off your mortgage, the bank will write a nice big cheque for you.
That's the allure of reverse mortgages, which allow anybody 60 or older to borrow money against the value already built up in their home. With the number of 60-year-olds in Canada expected to double in ...
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Borrowing smarts
April 25, 2024
When you secure a mortgage to purchase a home you generally place a percentage of the cost of that home as a 'down payment.' The rest is borrowed with the property as collateral. You are given a payment schedule and once this is satisfied, you will own 100 percent of the property. And in the meantime, you have a home for yourself and your loved ...
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