Real estate broker Pam Prescott hosts this weekly podcast to help educate Canadians interested in buying or selling real estate. Pam discusses a variety of topics with experienced professionals involved in the real estate industry, topics that are of interest to both new and experienced home buyers alike.
There are many costs that must be taken into account when determining the carrying costs of your mortgage and home, some of which are often overlooked by a first time home buyer. Pam discusses with Bryn Jones of Centum Mortgage Professionals some of these costs (insured mortgages, land transfer tax, legal fees, title insurance) as well as planning for any changes in interest rates that may balloon your mortgage payments.
When looking for a home, one of the first questions is 'How much can I afford?'. Financial institutions take into account numerous factors, some that may surprise you. Pam talks to Bryn Jones of Centum Mortgage Professionals about how lenders decide on the maximum mortgage size a home buyer will be approved for, and some tips on how to save money by maximizing your down payment.
When purchasing a home some of the most difficult yet important decisions to make are related to your mortgage. Finding the right mortgage is a daunting task, yet it can save you thousands of dollars. Pam talks to Bryn Jones of Centum Mortgage Professionals about the key decisions that one should make when making important decisions about selecting the right mortgage.