7 Jul

BUT I’M ONLY A CO-SIGNER!

Mortgage Tips

Posted by: John Panagakos

You have a family member that doesn’t qualify for a mortgage on their own and needs a co-signor. Since you’re a nice person, and of course would like to see your son/daughter/parent/sibling in a better position, you agree to co-sign for the mortgage. If I had a dollar for anytime I’ve heard the phrase “but […]

Read More
7 Jul

Happy 150th Birthday Canada!!

General

Posted by: John Panagakos

Sending you our best wishes for Canada’s 150th Birthday!! May your day day be sparkling with fun and may you surround yourself with friends and family on this very special day for our country. Happy 150th Birthday Canada!! Happy Canada Day!! Sincerely, John Panagakos  

Read More
2 Jun

Find Your Perfect Home Type

General

Posted by: John Panagakos

Single-family detached homes are the most popular choice of Canadian homeowners, but aspiring first-time home buyers should consider all their options before starting their house hunt. Don’t overlook the perfect option for your family – you may be surprised by what’s out there, at or below your budget. According to Statistics Canada, over half (55 […]

Read More
19 May

Reverse Mortgages – No! We don’t want your home!

CHIP Reverse Mortgage

Posted by: John Panagakos

Reverse Mortgages have had their share of misconceptions. In fact, we are often approached with false assumptions and unfounded facts about the product that steer the public to think of the product in a negative light. This article will cover one of the most common myths and the real facts behind this myth that has […]

Read More
12 Sep

Single Ladies Buying Homes

General

Posted by: John Panagakos

It’s becoming increasingly apparent that a greater number of women are now taking the reigns when it comes to home purchases. There’s a growing trend among single women – and, more precisely, professional single women – who are becoming independent homeowners. While many of them may be putting off marriage, they’re not waiting around for […]

Read More
28 Aug

10 Questions to Ask Your Home Inspector

General

Posted by: John Panagakos

The purchase of a home is likely the largest financial expenditure you’ll ever make. And getting your home inspected is an essential step in the home-buying process. No one wants to buy a money pit – and once you have signed on the dotted line, there is no turning back. The best way to ensure […]

Read More
31 Jul

Making Your Mortgage Interest Tax Deductible

General

Posted by: John Panagakos

Making Your Mortgage Interest Tax Deductible For US homeowners, mortgage interest is automatically tax deductible. But for Canadians, the write-off is not so straightforward. In order to make your mortgage interest tax deductible, homeowners must be able to prove that the money is being reinvested and is not being used for personal expenses. A properly […]

Read More
31 Jul

Thinking of Ways to Finance Cottage Improvements?

General

Posted by: John Panagakos

Thinking of Ways to Finance Cottage Improvements? With interest rates sitting at “emergency” levels – low rates never before seen by your parents and even your grandparents – now is an ideal time to tap into the available equity in your home or cottage to fund your renovation or landscape needs. But these rock-bottom rates […]

Read More