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.
Darcie B: I had an excellent experience with Shelley. She was knowledgable, informative, efficient, and easy to contact. I am happy with my mortgage and would recommend Shelley to family and friends.
Dave M: I was completely satisfied with Shelley’s expertise, knowledge, and know that our best interests were of primary importance to her. I would recommend her to family and friends. I appreciated how she researched our requirements, provided us options, and explained those options to us in a very understandable way.
Judith V: We are happily settling into our new home and we really can’t thank Shelley enough for helping us navigate such a crazy, hectic time. Shelley is well knowledgeable of the available products and processes and if she isn’t sure, she always spends the time to do the research. We appreciate that she gives us all the options available to us and is very honest, even if it means that we won’t be able to use her services at that time. We have never felt like she was trying to sell us something for the sake of selling us something. Her friendly, approachable personality makes us feel like one of the family. Shelley has taken care of our family for a number of years and we will continue to be her clients for the duration of her career. We are very fortunate to have Shelley working for us.
Margaret M: I was completely satisfied with Shelley’s service. She kept me well informed throughout the whole process and handled everything; I just showed up and signed paperwork. Shelley was very professional, knowledgeable and had my best interests in mind. I would not hesitate to recommend Shelley and her services to one and all!
Suzanne M: I was completely satisfied with every aspect of Shelley’s services and appreciate how she met all my needs!
Michael P: Overall, we were completely satisfied with Shelley’s services and would not hesitate to recommend her. She was able to get financing in place when others could not.
K Friesen: Shelley clearly understood and met our needs. We have no hesitation in recommending Shelley. She assured us that we were set up in a strong financial standing to go through the process of building, and ultimately has our dream house build in progress! Shelley was amazing and handled everything extremely fast!
Zaneta O: Shelley was able to get me the house I really wanted and exceeded my expectation in all that she did for me. I highly recommend her!
A New Year-Time for a Mortgage Check Up?
The new year is a time for making personal resolutions, writing business plans, evaluating your involvement in memberships and affiliations, and getting back on track with health and fitness. It is also a great time to book a mortgage checkup, and make sure your mortgage is working for you the way it should be.
How do you know if a mortgage checkup will benefit you? Heres a few questions to ask yourself. If the answer is yes to one or more, then its time to book an appointment with your mortgage professional:
Is my mortgage renewing this year?
In our constantly changing mortgage environment, earlier contact regular communication is always better. Keep your mortgage professional up to date on your current situation and plans moving forward so she/he can work ahead and ensure you are in the best situation for your next mortgage term.
Am I considering buying a new home, cottage or investment property this year?
Fully underwritten mortgage pre-approvals with interest rate holds are more important than ever when considering a new purchase this year, even for well qualified applicants.
What is the best source of funds to complete my home renovations/upgrades?
Cash savings, secured or unsecured lines of credit, mortgage refinance, personal loan-your mortgage professional can advise your best, lowest cost options.
How can I be mortgage free faster?
An annual mortgage review can track your progress and encourage you to make small changes that can save thousands of dollars. Your mortgage professional can play an integral part in your plan to pay off your mortgage.
How can I eliminate or reduce higher interest debt?
A review of your assets, debt, costs and cash flow can allow your mortgage professional to help with a plan to pay down debt and reduce costs with manageable monthly cash flow.
Life changes have occurred-is my current mortgage still the best fit?
Your current mortgage may no longer be the best fit if youve experienced a major life change. Even if your mortgage is still mid-term and not up for renewal, youll benefit from a visit with your mortgage professional to update your details, discuss options and formulate a plan moving forward.
Is there a better, lower cost mortgage option in the market that I qualify for?
Your mortgage professional can compare the costs of your current mortgage with what is available today (even mid mortgage term) and advise if its in your best interest to make changes. She/he can also provide peace of mind when you are currently in the best, lowest cost product in the market.
Should I consider locking in my variable rate mortgage?
If you are in a variable rate mortgage product, its important to keep in touch with your mortgage professional on a regular basis and have a plan moving forward in the event of rising mortgage rates.
How do I reduce/improve monthly cash flow?
A review of your assets and debts can allow your mortgage professional to help with a plan to ensure your monthly cash flow is manageable.
In 2018, you have the benefit of choice. Even if youve had a long-term relationship with a financial institution, seek others, get more opinions and be open to other options. Get good advice from someone you like and trust. Look ahead and start early.
For a free, no obligation mortgage checkup, please contact me by phone @ 204-479-6064 or email @ shelleys@onelinkmortgage.com.
Ownership of Residential Property by Non-individuals
New data released today from the Canadian Housing Statistics Program provide information on ownership of residential properties by non-individuals in Nova Scotia, Ontario and British Columbia. The Canada Mortgage and Housing Corporation published a report using these new data,Residential Property in British Columbia, Ontario and Nova Scotia: An Overview of Non-individual Ownership, which also includes analysis of the ownership structure of vacant land across the three provinces.
The data tables include information on non-individual entities, referring to firms and governments. For the purpose of this release, they are classified into the following categories: corporations, governments, and sole proprietorships and partnerships. Information on selected sectors in which those entities operate, following sector groupings from the North American Industry Classification System (NAICS), is also included in this release.
Among firms and governments, corporations own the majority of residential properties
Across the three provinces, corporations are the most common legal type of non-individual owners of residential properties, followed by governments. Corporations include businesses and non-profit organizations, while governments include federal, provincial, territorial and municipal governments. In terms ofNAICSsectors, entities belonging to the real estate and rental and leasing sector, the public administration sector and the construction sector are the most common non-individual owners of residential properties.
In Ontario, three-quarters of non-individual owned properties are held by corporations, compared with68.9% in Nova Scotia and57.3% in British Columbia. The share of non-individual owned properties held by governments is highest in British Columbia (39.0%), followed by Nova Scotia (22.9%) and Ontario (20.1%).
In Nova Scotia,28.8% of residential properties held by corporations are owned by the construction sector, compared with22.5% in Ontario and21.4% in British Columbia. Among the residential properties owned by corporations, the real estate and rental and leasing sector accounts for the largest share in Ontario (31.1%) and in British Columbia (23.4%), while in Nova Scotia it represents about one-quarter of the properties held by corporations.
The average assessment value of a residential property owned by corporations is highest in British Columbia at $1.3million, compared with $630,000in Ontario and $330,000in Nova Scotia. In British Columbia, corporations account for84.7% of the total assessment value of non-individual owned properties, while in Ontario and Nova Scotia this share is closer to80%. Residential properties owned by governments represent around10% of the total assessment value of properties owned by non-individuals in each province.
Resolution broken already? Try a wellness goal instead
Many of us make New Years resolutions every January. But statistics show that nearly 80 per cent of people who make them will have broken them by February.
If you feel like this is you, dont fret. Most of us can agree, especially with recent holiday indulgences, that improving personal fitness and nutrition is an intimidating idea. But the secret to getting motivated and keeping the momentum going into the spring is to follow these three simple guidelines:
Dont try too much at once. When we first set fitness and wellness resolutions, were often inclined to make a goal to spend every day at the gym and eat clean 100 per cent of the time. There is a reason these are too often broken they are hard to accomplish. Listen to your body and do what feels good for you. Modify your lifestyle to a healthy one that fits your needs and is one youll be able to sustain throughout the year.
Stick to it. Experts say that it only takes 21 days to create a lasting habit. While that may seem like a lot, three weeks will come quickly and there are many resources out there to help you through it, from fitness plans to eating guides. AdvoCare, a nutrition and wellness company new to Canada, carries several products to help enhance your results.
Keep a positive mindset. If you miss a day, dont stress about it, you can get back on track tomorrow. Staying positive about your wellness journey will keep you on track to reach your goals and maintain a healthy lifestyle well into the future.
If you are able to make it to day 21, youll set the stage for the rest of the year and will be on the right track to meeting your fitness and nutrition goals.
Find more information at advocare.com/en-ca.
http://www.newscanada.com/en/Resolution-broken-already--Try-a-wellness-goal-instead-93447
