For the financial support and consulting solutions you can rely on, more of today’s smart consumers are choosing VERICO The Financial Forum Ltd. over any other financial services firm period. We are the only firm of our kind that works laterally with our clients every step of the way; if you want dedicated financial services designed to meet your mortgage lending and financing needs, trust VERICO The Financial Forum Ltd. To show you what we can do for you today.
Headquartered in Vaughan (Woodbridge), Ontario and serving consumers throughout Ontario and Canada, VERICO The Financial Forum Ltd. was founded under the principle of offering our clients real-world solutions to all of their mortgage lending needs. We are not affiliated directly with any lending institution which enables us to provide our clients with a completely unbiased opinion as to which company offers the best products, services and rates to suit their particular needs and wants. Partner with us today and experience the difference quality and service can make for you.
Our team of experienced professionals strive to provide a higher level of service and support that our clients can’t get anywhere else. We have the ability to customize our financial consultancy services to offer as much support as needed to ensure our clients’ financial requirements are met and their expectations exceeded. VERICO The Financial Forum Ltd. offers the best value combined with the support of our creative minds to create a lending solution that will suit your needs. Contact us today for a free consultation and learn what we can do to help solve your mortgage lending needs.
VERICO The Financial Forum Ltd. showcases the best value for the money mortgage lending solutions specializing in residential, investment property, recreational property, lines of credit as well as first and second mortgages. We have been helping consumers since 1984, let us help you today!
To learn more about VERICO The Financial Forum Ltd. and our world-class financial services consultation, contact us today and let one of our experienced professionals assist you and answer any questions you might have.
Ready or Not?
Deciding whether to buy a fixer-upper or a move-in ready home isn't a question of which is better, but rather which makes the most sense for you. To help you figure that out, consider the following questions:
What's your budget? Move-in ready homes typically cost most that fixer-uppers, as they done need work. Plus, there can be more competition for move-in ready homes, which further drive up the price. With lower asking prices and less competition, fixer uppers can be a great way to buy into a neighborhood you otherwise couldn't afford.
What is the nature of work needed? Are the problems with the fixer-upper largely cosmetic, or are they significant, such as poor plumbing or wiring? If the work needed is significant, the high cost of improvements may mean you'll end up spending more on the fixer-upper than you would have on a move-in ready home.
Do you have the time and know-how to fix up a fixer-upper? If so, buying such a property can be a great way to get exactly what you want in a home while boosting its resale value. If not, you're better off buying a turnkey home, as having to hire contractors could negate any savings incurred by purchasing a fixer-upper.
What are the neighborhood dynamics? Buying a home in an undesirable location of depriciating neighborhood is always a risky proposition, but this is especially true when buying a fixer-upper, as youare less likely to recoup your improvement expenses on a home in such a location or neighborhood.
Out with the old, in with the new. Carpeting, that is. Are you redecorating? Or preparing the home for sale? Whatever your reasons for installing new carpeting, here's a guide to help you make the best choice for your needs. What's Your Style? There are two categories of carpeting: loop pile and cut pile. Loop styles include Berber and level loop. Both are durable, stain resistant, easy to clean, and leave little evidence of walking or vacuuming, making them great for high-traffic areas. Level loop, which is often used in commercial spaces due to its resilience, has a tough texture, while Berber is soft. Because they're looped, however, both are vulnerable to snagging. Cut-pile begins as loop pile, but the loops are cut during manufacturing. Styles include plush, Saxony, textured, and frieze. Footprints and vacuum marks easily show on plush and Saxony carpets, thanks to their velvety soft surface. Less suitable for high-traffic areas, they're often used in master bedrooms and formal living rooms. Textured and frieze are very popular choices for floors in every room of the home, as they mask imprints well and are quite durable (frieze especially so). Get Your Fiber A carpet's durability is largely determined by its fiber type. Most carpetsare made of synthetic fibers: nylon, olefin (polypropylene), polyester and acrylic, for example. Nylon is the most commonly used fiber, and no wonder - it's strong, easy to clean, and resistant to dirt, mildew, and crushing, making it great for floors that see lots of activity. Polyester is nylon's less expensive, less resilient alternative. Olefin has traditionally been used for outdoor carpeting, but is becoming more popular indoors. Relatively inexpensive, it offers excellent stain and moistureresistance, but is susceptible to crushing. Acrylic resembles wool in look and feel, but is much less expensive. It's stain and mildew resistant, and easily cleaned. Acrylic can pill, however. More commonly used in rugs than carpets, it's not recommended for high-traffic areas. A natural fiber, the luxuriousness of wool is pricey. Its advantages are that it's naturally durable, made from a sustainable material, and soil resistant due to its tightly packed fibers. However, it's high-maintanence and moisture absorbent. Carpet Color If you're selling your home, or there's a chance you'll be selling in the near future, your carpet-color choice should be dictated not by what's appealing to you, but by what's appealing to as many potential buyers as possible. And that means staying neutral: off-white, beige, or gray, for example. If you're staying put, anything goes. But do keep the following in mind: Light colors show off stains, and are harder to clean. On the upside, they help make smaller rooms appear bigger and brighter. Dark colors better hide stains but more easily show lint; they also lend large rooms a sense of warmth. Also, a color looks different depending on lighting, so be sure to get samples and look at them under a variety of different light sources.
Generally speaking, sellers come in two types: motivated and unmotivated. As a buyer, knowing the difference is important, as it will help determine how you should proceed in making an offer- or if you should make one at all. Motivated sellers are those who need to sell within a certain timeframe. Perhaps they need the equity in their home to pay off debts, hey have accepted a new job in a different city, or they have already committed to buying a new property. Whatever the reason for the urgency, the more motivated sellers are, the more likely they are to price the property at or under market prices and to accept lower offers. On the other hand, unmotivated sellers are those who are under no such pressure. They don't need to sell their home, but might under the right circumstances - the right circumstances usually being buyers willing to pay the seller's asking prices, which are often above market. Looking to profit from their home sale, unmotivated sellers often keep their property on the market for long periods of time. This is not to say you should never make an offer on a property owned by an unmotivated seller - after all, an unmotivated seller can become a motivated one. However, some unmotivated sellers will do nothing more than waste your time; this is one of the many reasons why it's important to team witha professional real estate sales representative. It's part of the real estate sales representative's job to help you avoid wasting time on sellers who aren't serious about selling and to help you focus your efforts where they're more likely to pay off.