R-Magazine ~ The official blog of REICO

Changes to the Mortgage Rules … Again!

How the rules have changed Canada’s housing rules have been revamped six times since 2008.   1. October, 2008: Ottawa reduces the maximum amortization period to 35 years, effectively killing the 40-year mortgage; introduces a 5-per-cent minimum down payment and tightens loan documentation standards.   2. April, 2010: The government clarifies debt-servicing standards,... Read more
July 30, 2016 in AV Chris Nelson

3D Modeling: Selling Commercial Real Estate just got easier!

    Vio3D     Benefits of 3D Rendering   * 3D Rendering and modeling converts 2 dimensional, colorless drawings into vibrant, realistic colorful images which better communicate and market the space to prospective buyers and partners. * They allow the designers to be involved in beautifying the concept, by adding design styles, textures. lighting, space... Read more

Zero Down

ZERO DOWN   ~Whether you know it as zero down, $0 down payment, no money down, 100% financing, zero down payment or no money down mortgage; our program helps first time home buyers and renters who do not have a down payment to purchase a home.     We help families become homeowners so that they can enjoy more Freedom, Security & Savings!   “ Two Canadas:... Read more
February 18, 2016 in Ontario Real Estate Market Reports

Why the wealthy are heavily focused on real estate

... How the rich buy real estate The wealthy don’t necessarily buy and sell real estate the same way ordinary investors do, says Mr. Stenner. Ordinary people buy something and hope that when they sell it they’ll get a better price. Meanwhile, they like to do things like live on the property or rent it out, whether it is residential or commercial. If it is vacant land they might build... Read more
December 1, 2015 in Chris Nelson

Land Development 101

~Phase 1: Property Purchase/Lease ~Phase 2: Due Diligence Period ~Phase 3: Verification & Development Process     As promised here are some or if not most of the steps in developing land for commercial purposes, residential is less complicated but the following somewhat outlines the  process;   ~Property purchase/lease & Due-diligence period: At this... Read more
November 10, 2015 in Chris Nelson Investments

The 8 Components to a Perfect Investment

  Ok, the term ‘perfect investment’ might raise some eyebrows, but we mean it! As we prepare for RRSP season, the importance of understanding what constitutes a perfect investment is critical. The perfect investment does exist and it’s comprised of eight fundamental components that are unique to each investor: 1. Your profile as an investor 2. An investment that... Read more
October 21, 2015 in Federal Government

The Liberal Effect

The Liberals’ new majority gives them all the power they need to influence Canada’s mortgage market. Interest rates, mortgage policy and affordable housing initiatives will all be affected. Here’s some of what the mortgage market can expect from Mr. Trudeau’s new government: Higher bond yields: Balancing the budget is not a priority for the Liberals until 2019. Trudeau is expected to go... Read more
September 15, 2015 in Chris Nelson Real Estate Investing

4 Fundamental Considerations before Investing in Real Estate

Over 17,000 years ago mankind transitioned from a nomadic way of life to the pseudo-agrarian lifestyles we live today, and for nearly as long, mankind has - in some form or another - realized the potential of investing in real estate. Real estate investing has taken many forms over the ages from the tribal hierarchies of our ancestors, to the medieval serfdoms of Europe, to the free enterprise in... Read more
August 29, 2015 in Chris Nelson Home Ownership

How to avoid the 8 most commonly made mistakes of homebuyers

There are many factors to consider once a family has made the decision to purchase a home. Unfortunately, many homebuyers only focus on the mortgage interest rate and features that they would like to have in the home. But these ‘other factors’ can have serious consequences if they are not taken into consideration. They not only impact their ability to purchase the home they also affect the... Read more
August 25, 2015 in Chris Nelson Home Ownership

Home Ownership Opportunity

$299,900.00 Bd3 Bth2   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours! The maximum rent that the landlord can charge for this 3 bedroom rental property is $1,027/month. If this was close to your monthly rent then last year you spent at least $12,324, which allowed... Read more
August 22, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Ajax, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Ajax pay an average of $1,650 in rent for a... Read more

Rent to Own : Rare Opportunity Property

$365,000.00 Bedrooms 2 Bathrooms 2   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours!   The rent that the landlord could charge for this 3 bedroom rental property is $1,334/month. If this was close to your monthly rent then last year you spent at least... Read more
August 15, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Belleville, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Belleville pay an average of $1085 per month in rent... Read more
August 10, 2015 in Chris Nelson Home Ownership

Home with Additional Income

$369,000.00 Bd3 Bth2   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours!   The maximum rent that the landlord can charge for this 3 bedroom rental property is $1,108/month. If this was close to your monthly rent then last year you spent at least $13,296, which... Read more
August 8, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Brantford, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Brantford pay an average of $980 in rent for a... Read more

More than one way to own

$399,900.00 Bd4 Bth2   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours! The maximum rent that the landlord can charge for this 3 bedroom rental property is $1,334/month. If this was close to your monthly rent then last year you spent at least $16008, which allowed... Read more
August 1, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Burlington, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Burlington pay an average of $1,450 in rent for a... Read more
July 29, 2015 in Chris Nelson Home Ownership

$0 Down Payment with Grants, RRSP’s or for Newcommers

  $239,900.00 Bd3 Bth3   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours! The maximum rent that the landlord can charge for this 3 bedroom rental property is $1027/month. If this was close to your monthly rent then last year you spent at least $12,324, which... Read more
July 24, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Cambridge, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Cambridge pay an average of $990 in rent for a... Read more
July 20, 2015 in Chris Nelson Home Ownership

Bank Decline? Try alternate mortgage lenders

$349,900.00 Bd4 Bth2   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours!   The maximum rent that the landlord can charge for this 3 bedroom rental property is $1,334/month. If this was close to your monthly rent then last year you spent at least $16,008, which... Read more
July 17, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Hamilton, Ontario

    Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Hamilton pay an average of $980 in... Read more
July 15, 2015 in Chris Nelson Home Ownership

Great for first time home buyers

$399,000.00 Bedrooms 3 Bathrooms 2   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours! The maximum rent that the landlord can charge for this 3 bedroom rental property is $1,334/month. If this was close to your monthly rent then last year you spent at least $16,008,... Read more
July 10, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Kitchener, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Kitchener pay an average of $990 in rent for a... Read more
July 5, 2015 in Chris Nelson Home Ownership

Home Ownership builds Equity

$390,000.00 Bedrooms 3 Bathrooms 3   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours! The maximum rent that the landlord can charge for this 3 bedroom rental property is $1,334/month. If this was close to your monthly rent then last year you spent at least $16008, which... Read more
July 3, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Kingston, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Kingston pay an average of $1095 in rent for a... Read more
June 30, 2015 in Chris Nelson Home Ownership

Low rates mean low monthly mortgage payments

$299,900.00 Bedrooms 4 Bathrooms 3   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours!   The maximum rent that the landlord can charge for this 3 bedroom rental property is $1203/month. If this was close to your monthly rent then last year you spent at least... Read more
June 26, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in London, Ontario

  Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in London pay an average of $965 in rent for a... Read more
June 20, 2015 in Chris Nelson Home Ownership

Leverage this home in the future to buy another

$309,900.00 Bedrooms 3 Bathrooms 2 The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours! The maximum rent that the landlord can charge for this 3 bedroom rental property is $1,203/month. If this was close to your monthly rent then last year you spent at least $14,436, which... Read more
June 19, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Markham, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Markham pay an average of $2265 in rent for a... Read more
June 15, 2015 in Chris Nelson Home Ownership

CMHC’s new rules: it’s now easier for homeowners to rent out their property

$329,900.00 Bedrooms 3 Bathrooms 3   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours! The maximum rent that the landlord can charge for this 3 bedroom rental property is $1,203/month. If this was close to your monthly rent then last year you spent at least $14436,... Read more

Private Mortgages in Ajax

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF AJAX, ONTARIO There are currently 6.4 million people living in the Greater Toronto Ontario, of which approximately 110,000 are residents of Ajax, Ontario. If only ½ of those residents carry the national average credit card debt it amounts to over $196M in credit card debt for Ajax alone. That is a lot of credit card debt... Read more
June 13, 2015 in Chris Nelson Home Ownership

Reduce your own mortgage, not your landlord’s

$387,500.00 Bedrooms 2 Bathrooms 3   The best mortgage rate today is 1.78%, down payment solutions are still available and house prices are rising in great locations….Home Ownership can be yours! The maximum rent that the landlord can charge for this 3 bedroom rental property is $1203/month. If this was close to your monthly rent then last year you spent at least $14,436,... Read more
June 12, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Mississauga, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Mississauga pay an average of $2000 in rent for a... Read more

Private Mortgages in Belleville

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF BELLEVILLE, ONTARIO Located in Eastern Ontario near the geographic centre of the 401 highway corridor between Detroit and Quebec City, Belleville, Ontario is home to nearly 64k residents. Like most Canadian households, it’s not uncommon for Belleville residents to carry credit card debt of around $4000, the national... Read more
June 5, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Niagara Falls, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Niagara Falls pay an average of $905 in rent for a... Read more

Private Mortgages in Brantford

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF BRANTFORD, ONTARIO Located in Central Ontario, the Brantford census metropolitan area, consisting of Brantford, Brant and Six Nations is home to over 135,000 residents. Brantford hosts a wide array of age demographics from young families, to college and university students to retirees. Like most Canadian households, it’s... Read more
May 29, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Oakville, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Oakville pay an average of $1,699 in rent for a... Read more

Private Mortgages in Burlington

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF BURLINGTON, ONTARIO At the geographic centre of the Golden Horseshoe lies Burlington, Ontario. For its “convenience of being in close proximity to a major centre—in this case, Toronto—but [having] the bonus of offering a higher quality of life” MoneySense Magazine named Burlington the best midsized city in... Read more
May 22, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Oshawa, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Oshawa pay an average of $1,030 in rent for a... Read more

Private Mortgages in Cambridge

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF CAMBRIDGE, ONTARIO Located in Southern Ontario’s Regional Municipality of Waterloo at the confluence of the Grand and Speed rivers, Cambridge, Ontario is part of Canada’s Technology Triangle and one of our country’s fastest growing cities. Cambridge’s population of 133K residents is comprised of many cultures and... Read more
May 15, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Ottawa, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Ottawa pay an average of $1140 in rent for a... Read more

Private Mortgages in Hamilton

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF HAMILTON, ONTARIO One of Canada’s oldest port cities located in Central Ontario, Hamilton is best known as our national steel supplier, producing up to 60 percent of Canada’s steel. Though steel is still a major contributor to Hamilton’s industry, healthcare and post-secondary education are also vital components to... Read more
May 8, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Peterborough, Ontario

  Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Peterborough pay an average of $965 in rent... Read more

Private Mortgages in Kingston

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF KINGSTON, ONTARIO Kingston is part of Ontario’s Eastern quarter, which is projected to grow 26.1 percent from 1.75M to 2.21M, over the projection period. Currently, Kingston is home to some 118K residents, not including the city’s prominent post-secondary student population. It’s not uncommon for Kingston residents... Read more
May 1, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Prince Edward County, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Prince Edward County pay an average of $1200 in... Read more

Private Mortgages in Kitchener

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF KITCHENER, ONTARIO Rich in Canadian history dating back to 1784, Kitchener is part of southern Ontario and a geographical apex to bustling urban centres, such as Toronto, Buffalo, and Michigan. Kitchener is home to a diverse cultural demographic with 46% of its some 205k residents aged 20-49. It’s not uncommon for... Read more

Private Mortgages in Markham

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF Markham, ONTARIO Markham is part of the Greater Toronto Area, which is currently Ontario’s fastest growing region and is predicted to account for two-thirds of the province’s population by 2036. Markham proper currently has a population of approximately 301K and is predicted to follow the trend of the region. Host to... Read more
April 24, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Richmond Hill, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Richmond Hill pay an average of $2250 in rent for a... Read more

Private Mortgages in London

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF LONDON, ONTARIO Positioned along the Quebec City–Windsor Corridor, London, Ontario is home to over 366K residents and spans 420.5 km². London was once a small garrison community but has grown to one of Canada’s largest urban centres since the 19th century hosting the University of Western Ontario, its affiliated... Read more
April 17, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Scarborough, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Scarborough pay an average of $1311 in rent for a... Read more

Private Mortgages in Mississauga

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF MISSISSAUGA, ONTARIO Located along the shores of Southern Ontario, Mississauga lies in the Regional Municipality of Peel and is an integral part of the Greater Toronto Area; it is host to the Canadian and global headquarters for 60 Fortune 500 Companies, including Citibank, Microsoft and Walmart Canada. Mississauga is... Read more
April 10, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Sudbury, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Sudbury pay an average of $950 in rent for a... Read more

Private Mortgages in Niagara Falls

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF NIAGARA FALLS, ONTARIO Situated 130 KM from Toronto and minutes from the United States boarder lays the vibrant city of Niagara Falls, Ontario. The temperate climate of Niagara Falls allows the region to produce some of Canada’s finest vineyards; this, coupled with the many sites and attractions makes Niagara Falls,... Read more
April 3, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Toronto, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Toronto pay an average of $1260 in rent for a... Read more

Private Mortgages in Oakville

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF OAKVILLE, ONTARIO Nestled between Toronto and Niagara Falls on the shores of Lake Ontario is the suburban town of Oakville, Ontario. Part of Halton Region and the Greater Toronto Area, Oakville has earned a reputation as an excellent place to live due to the quality of lifestyle and consistently exceptional safety... Read more

Private Mortgages in Oshawa

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF OSHAWA, ONTARIO Oshawa is the most eastern constituent of the Greater Toronto Area and Golden Horseshoe and the largest municipality in the Region of Durham. Well known as being home to the automotive industry giant, General Motors, Oshawa is also host to campuses for Trent University, University of Ontario Institute of... Read more
March 26, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Vaughan, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Vaughan pay an average of $2585 in rent for a... Read more

Private Mortgages in Ottawa

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF OTTAWA, ONTARIO Ottawa, our nation’s capital, is positioned in the eastern portion of Southern Ontario bordering Quebec along the south bank of the Ottawa River. It’s estimated that Ottawa is home to some 943K residents and is projected to grow the fastest, compared to other cities in the region; boasting one of... Read more
March 19, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Waterloo, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Waterloo pay an average of $990 in rent for a... Read more

Private Mortgages in Toronto

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF TORONTO, ONTARIO As Canada’s most populous city and Ontario’s capitol, Toronto is a hive of international business, finance and culture. The city of Toronto consists of nearly 3M residents, while the Greater Toronto Area is home to over 6M and counting. The GTA is projected to be the fastest growing region of the... Read more
March 12, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Whitby, Ontario

  Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Whitby pay an average of $1299 in rent for a... Read more

Private Mortgages in Scarborough

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF SCARBOROUGH, ONTARIO Nearing the eastern border of the GTA is Scarborough, Ontario. Scarborough is a common landing place for Canadian migrants making it Toronto’s most culturally diverse region as well as one of its most populous. With renown green spaces such as Rouge Park and the Scarborough Bluffs, the area has become... Read more
March 5, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Windsor, Ontario

  Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Windsor pay an average of $815 in rent for a... Read more

Private Mortgages in Richmond Hill

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF RICHMOND HILL, ONTARIO Near the northern border of the GTA, nestled between Vaughan and Markham is Richmond Hill, Ontario. During the 1990’s Richmond Hill was Canada’s fastest growing community resulting in a current population of approximately 185K residents, whom have adopted the city’s unofficial motto “A little... Read more
February 28, 2015 in Chris Nelson Mortgage Financing Tips

Private Mortgages in Prince Edward County

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF PRINCE EDWARD COUNTY, ONTARIO Although Prince Edward County is home to only 25,258 permanent residents it has a booming flux of seasonal tourists seeking the regions 30+ wineries, acclaimed vineyards, and beautiful countryside. Its proximity to the amenities and industry of Kingston and Belleville makes Prince Edward County... Read more
February 28, 2015 in Chris Nelson Home Ownership

Home Ownership Solutions for Renters in Woodstock, Ontario

Renting certainly has its own appeal: renting offers manageable and predictable monthly costs, requires little commitment, and maintenance is taken care of by property management. But, as with most things that seem too good to be true, there is a very serious reality lurking beneath the surface, of which renters should be wary. Renters in Woodstock pay an average of $1150 in rent for a... Read more
February 21, 2015 in Chris Nelson Mortgage Financing Tips

Private Mortgages in Peterborough

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF PETERBOROUGH, ONTARIO Peterborough, Ontario is positioned along the northeastern edge of the Golden Horseshoe and is colloquially known as ‘the gateway to the Kawarthas’ for its large recreational areas bordering cottage country. Nicknamed “The Electric City” for its long standing relationship with the technology... Read more
February 14, 2015 in Chris Nelson Mortgage Financing Tips

Private Mortgages in Sudbury

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF SUDBURY, ONTARIO Greater Sudbury, or Sudbury as it’s commonly known, is Ontario’s largest city by landmass and Canada’s seventh largest municipality by area. Sudbury’s growth boom began near the end of the 19th century as a result of the discovery of nickel ore deposits during construction of the Canadian Pacific... Read more

Private Mortgages in Vaughan

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF VAUGHAN, ONTARIO Vaughan, Ontario is the fifth largest constituent of the Greater Toronto Area: in 2011, Vaughan had a population of nearly 290K. Vaughan is predicted to echo the growth trend of the GTA, which is projected to increase from 6.4M to 8.9M by the year 2036, accounting for nearly two-thirds of Ontario’s net... Read more

Private Mortgages in Trenton

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF TRENTON, ONTARIO Located in Southern, Ontario is Trenton: the main centre of the Quinte West municipality and the genesis of the renowned Trent-Severn waterway, which connects Lake Ontario to Lake Huron. Trenton serves as an important Canadian Forces Base for Royal Canadian Air Force’s transport and search & rescue... Read more

Private Mortgages in Waterloo

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF WATERLOO, ONTARIO Waterloo, Ontario is the smallest of the municipalities comprising the Kitchener-Cambridge-Waterloo Tri-City area by population but has a fluctuating student population as it’s home to two internationally acclaimed universities: Wilfred Laurier University and The University of Waterloo. Excluding the... Read more

Private Mortgages in Whitby

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF WHITBY, ONTARIO Located on the north shore of Lake Ontario and part of the Greater Toronto Area is Whitby, Ontario: the center of Durham Region. Though the northern half of Whitby is largely a rural area – consisting of the smaller communities of Ashburn, Brooklin, Myrtle and Myrtle Station- the southern portion is... Read more

Private Mortgages in Woodstock

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF WOODSTOCK, ONTARIO Located in Southwestern Ontario and formerly known as the diary capitol of the province, Woodstock, Ontario is indeed a town ingrained in agriculture; however, the city has recently experienced accelerated growth as they welcomed the automobile industry Giant, Toyota to town. Currently Woodstock is... Read more

Private Mortgages in Windsor

TRADING IN YOUR DEBT: PRIVATE MORTGAGES OFFER RELIEF FOR RESIDENTS OF WINDSOR, ONTARIO Windsor, Ontario is located in Southwest Ontario bordering the United States at Detroit, Michigan. Many believe that this city has substantial economic potential and is in the top ten ranking in FDI’s North-American cities of the future list. The population of Southwestern Ontario is projected to grow... Read more
December 18, 2014 in Chris Nelson Real Estate Investing

Top 6 real estate scams – and how to avoid them

    1. Title fraud. Although relatively rare, one of the most devastating frauds for property owners is title fraud. This type of fraud starts with identity theft. The scammer will use false documents to pose as the property owner, registers forged documents transferring a property to his or her name, and then gets a new mortgage against the property. After securing a mortgage or... Read more

Real Estate Investing’s Six Profit Centres

Real Estate Investing’s Six Profit Centres   The best way to purchase real estate in a turbulent economic climate is to look at several criteria. Low house prices and great cash flow are wise factors to consider but there are many other variables that make a sound decision. By focusing on the 'Profit Centres', you can maximize the profitability of the investment.   Profit... Read more

Using Leverage To Buy Investment Properties In Ontario

Using Leverage To Buy Investment Properties In Ontario   Leverage is by far the most powerful attribute that income real estate investing can offer.  Unlike a margin account with your stock brokerage house, income real estate offers substantial value to the investor in three ways. The investor acquires an asset with 25 cents on the dollar (based on a 25% down payment) and yet will... Read more
How To Get A No Money Down Mortgage In Ontario

How To Get A No Money Down Mortgage In Ontario

How To Get A No Money Down Mortgage In Ontario   It Takes A Little Money To Make A lot Of Money We offer several traditional, non-traditional, and private down payment solutions. Through our unique system and extensive network throughout the financial, mortgage, credit, and private lending industry, we are able to tap into the various down payment options that are used by home buyers in... Read more