It PAYS to shop around.
Many Canadian homeowners pay too much for their homes because they are not getting the best mortgage financing available in the market.
The mortgage process can be intimidating for homeowners, and some financial institutions don't make the process any easier.
But I’m here to help!
I’m a VERICO Mortgage Advisor and I’m an independent, unbiased, expert, here to help you move into a home you love.
I have access to mortgage products from over forty lenders at my fingertips and I work with you to determine the best product that will fit your immediate financial needs and future goals.
VERICO mortgage specialists are Canada’s Trusted Experts who will be with you through the life of your mortgage.
I save you money by sourcing the best products at the best rates – not only on your first mortgage but through every subsequent renewal. So whether you're buying a home, renewing your mortgage, refinancing, renovating, investing, or consolidating your debts — I’m the VERICO Mortgage Advisor who can help you get the right financing, from the right lender, at the right rate.
Welcome to my Blog!
Stay tuned for lots of great information as this expansion of my current Spencer Ennis - Bayfield Mortgage Professionals Ltd. Facebook Page blogging is going to add a lot more mortgage and real estate industry tips and advice!
Newly built home? Think inspection before possession
When buying a resale home, many prospective buyers hire a home inspector. Its not a requirement of course, but it makes sense. Why not check under the hood before spending all that money?
When buying a new home from a builder things are very different. Often there is no house to inspect. There may not even be a hole in the ground. You are buying the future. It may take weeks, months or even years before you get to step over the threshold to that new home but when you do it should be for an inspection. In fact, builders are required to do a thorough, floor-by-floor walk through with you before they hand over the keys.
This introduction to your new home is called a Pre-Delivery Inspection, or PDI. Its part of the new home warranty process. All new home builders in Ontario must provide a warranty that lasts for seven years on the homes they build. This first inspection may have implications on your warranty later on, so its crucial to pay close attention. Listen carefully, know what to look for and take notes.
During the PDI, the builder will provide you with essential information about your new home, including how it works. Your builder will show you how to operate your homes systems, like heating, electrical, air conditioning, and plumbing, and provide you with operating manuals. It is also your chance to ensure there is no damage, everything is complete, nothing is missing, and everything is working properly. You should carefully examine both the interior and exterior. Look for things like chips in bathtubs and sinks, scratches on counter tops, damage to floors, walls, cabinetry or other finishes, and doors and windows that are not secure or do not open and close easily. Outside, check things like the quality of brickwork and siding, whether window screens have been installed, and the appearance of the driveway and landscaping. Sometimes, due to weather or other factors, you may not be able to inspect a certain item. If you are unable to assess something at the time, simply make note of it on the form. Feel free to take pictures of any damaged or incomplete items. If necessary, those photos can be submitted to Tarion at a later date.
Your builder will note everything down on the PDI form. Review it carefully, make sure its complete and keep a copy. This form will become the official record of the condition of your new home before you moved in. Tarion which regulates new home builders and guarantees your new home warranty, may refer to your PDI form if there is disagreement over whether any damage occurred before or after you took possession.
Even after the initial inspection is done, you should continue to inspect your homes condition regularly. If there are items that fall under warranty, your builder is responsible for resolving them, but if he/she doesnt, Tarion will step in. If you have any questions about your new homes warranty, visit www.tarion.com.
The weekend is the perfect time to try out a dessert recipe!
Check out this one from Ghirardelli chocolate!
6 ounces Ghirardelli 60% Cacao Bittersweet Chocolate baking bar, broken or chopped into 1-inch pieces
1 tablespoon instant freeze-dried coffee
3 tablespoons boiling water
6 large eggs, separated
2/3 cup granulated white sugar
1/4 teaspoon salt
4 ounces Ghirardelli Milk Chocolate baking bar, broken or chopped into 1-inch pieces
1 tablespoon instant freeze-dried coffee
1/4 cup boiling water
2 cups heavy cream
1 ounce Ghirardelli 60% Cacao Bittersweet Chocolate baking bar, for shavings
Preheat the oven to 350 degrees F. Grease two 8-inch or 9-inch round cake pans. Line the bottoms with parchment paper and grease the parchment paper.
To make the torte, melt the bittersweet chocolate in the top of a double boiler or in a heatproof bowl over barely simmering water, stirring occasionally until smooth. Set aside. Dissolve the coffee in the boiling water; set aside.
In a large bowl, whip the egg whites with an electric mixer on medium speed until soft peaks form. Gradually add 1/3 cup sugar, and increase the mixing speed to high and continue beating until stiff peaks form.
In another large bowl, whip the yolks, the remaining 1/3 cup sugar, and the salt with an electric mixer on medium speed until thick, about 5 minutes. Slowly add the chocolate mixture and coffee; beat until well blended. Fold one-quarter of the egg whites into the yolk mixture to lighten. Then fold in the remaining whites until no streaks remain. Pour the batter into the prepared pans.
Bake on the center oven rack for 25 minutes. Turn off the oven and leave the cake inside for 5 minutes. Invert and transfer the pans to a wire rack (the centers will fall). Remove the waxed paper and cool completely.
To make the frosting, melt the milk chocolate in the top of a double boiler or in a heatproof bowl over barely simmering water, stirring until smooth. Dissolve the coffee in the boiling water; add all at once to the chocolate, stirring continually until smooth. Cool completely.
In a large bowl, beat the cream at high speed until stiff peaks form. Gently fold the chocolate mixture into the whipped cream.
To assemble the torte, level the top of each layer by cutting off the raised edges with a long serrated knife. Place one layer on a serving plate. Spread the layer with 1 cup of the chocolate whipped cream. Top with the remaining cake layer. Frost the top and sides of the torte with the remaining frosting. Sprinkle the top with bittersweet chocolate shavings.
Photo source: https://www.flickr.com/photos/veganfeast/4865230792