by Cain Daniel | Jul 10, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
5 Defects to Avoid in a Contract A contractual defect is a significant flaw in a contract that affects the intention to create a legal relationship, causing the contract to be void or voidable. This type of defect can be caused by:• Misrepresentation• Duress• Undue...
by Cain Daniel | Jul 8, 2015 | Mortgage Brokering, REMIC Blog
What is Property Insurance? Property insurance is a policy of insurance that provides coverage for the homeowner against covered risks. Why is it necessary? Basic insurance to cover the replacement of the building (normally the house) and other structures on the...
by Cain Daniel | Jul 3, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, News, REMIC Blog
Finance Minister Joe Oliver denies that Canada is in the midst of a recession, saying he’s still confident the economy will grow this year. Source: ‘We’re not in a recession’: Finance minister confident in Canadian economy | CTV News
by Cain Daniel | Jun 29, 2015 | Mortage Investments, Mortgage Brokering, Mortgage Brokering in Ontario, News, REMIC Blog
TFSA and Mortgage Investing The TFSA (Tax Free Savings Account) limit increase, based on a 2011 Conservative election promise, is going to be a great boon to those who are in the middle class. Especially those who invest in high yield investment, such as...
by Cain Daniel | Jun 22, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Property Value Fraud The Appraisal Property value fraud can occur when criminals, in association with a dishonest appraiser, may have a property appraised at a higher value than it is worth. The criminal will then obtain a mortgage based on the inflated value and...