16 Feb

Be the Sunshine For a Senior This Month

General

Posted by: Lynn Nequest

 
Be the Sunshine For a Senior This MonthAs Canadians, February can be one of the hardest months. It’s when the wounds of the holiday credit card bills are still fresh and taxes for the upcoming season need to be prepared. Financial stress may be at its peak. According to Statistics Canada, over 1.4 million senior Canadians reported feeling lonely. The loneliness and depression in seniors can lead to other health problems such as an increased risk of depression, cognitive decline and illnesses like coronary artery disease.

This is the perfect time to reach out to the seniors in your life. During these cold months, many seniors may remain indoors to avoid the bitter cold. The days are long and dark and seniors may have less family visiting, which also adds to their loneliness. Add the financial stress and February can become a very depressing and tough time for seniors.

So how can you help?

Click HERE To Read More
15 Feb

What You Need To Know About No Frills Mortgages

General

Posted by: Lynn Nequest


What You Need To Know About No Frills MortgagesYou’ve been offered an amazing rate and you just can’t believe how much you will save. You’re super excited and getting ready to go sign off on the papers when you randomly run into a mortgage broker and mention the deal you scored. The broker says to you that’s an awesome rate, any idea what the penalty calculation is if you need to refinance in the future?. Wait what…isn’t it the same as the last mortgage I had?

Maybe but maybe not.

Click HERE To Read More
10 Feb

Get In Front of a Bad Debt Situation

General

Posted by: Lynn Nequest


Get In Front of a Bad SituationFinancial difficulty can happen. Marital breakdown, economic downturn / job loss, health issues are all realty.
 
If I can give one piece of advice it’s this – in the face of financial difficulty the worst thing that a person can do is to go dark on their creditors.
 
In my experience, being 100% upfront and honest with creditors is by far the best 1st step in face of a cash crunch. CALL YOUR CREDITORS. EXPLAIN YOUR SITUATION. ASK FOR A TEMPORARY REPRIEVE. BE PROACTIVE WITH LOOKING AT A SOLUTION EARLY.

Click HERE To Read More
10 Feb

Financing Solutions: Utilizing a Bridge Loan

General

Posted by: Lynn Nequest


Financing Solutions – Bridge LoanThe fast pace of buying and selling real estate is daunting. Throw in trying to manage closing dates, possession dates and access to the proceeds for the purchase and you have a recipe for disaster.

I recently received an email from a potential client asking these very questions:

Click HERE To Read More