Purchasing/Refinancing Rental Properties in New Brunswick

Have you ever thought about buying a rental property? The rules within the last year have changed and I will go through the main guidelines as it pertains to these type of properties. There are basically 2 types of properties we need to discuss under the residential rental  programs. They are owner-occupied rentals and non-owner [...]

October 12th, 2011|Mortgage|

Grow Houses in New Brunswick – What You Need to Know!

This topic normally does attract a lot of comedic comments but it's a serious and growing (no pun intended) problem. A grow house is basically an illegal indoor hydrophonic marijuana grow operation. The damages that occur from a grow operation are substantial. According to the Insurance Bureau of Canada the average claim for repair is [...]

September 12th, 2011|Mortgage|

Mortgage 101

I have always believed that financing should become part of the school curriculum. This is the reason for this blog. It is a simple breakdown of what a mortgage is and what is required to get a mortgage. A mortgage is basically a loan to finance the purchase of real estate, usually with specified payment [...]

August 23rd, 2011|Mortgage|
Avanti Mortgages