Real Estate Blog for Buyers & Sellers

Category: Mortgage Financing (9 posts)

  • September 2, 2020
  • Melissa Berrigan

Reverse Mortgages – Impact on Heirs in Comox Valley, British Columbia

How do Reverse Mortgages Affect Canadian Heirs? For Canadian seniors, there is a great way to get the most out of the equity in their homes. Home prices tend to rise, and equity builds in the prope

  • June 3, 2020
  • Melissa Berrigan

When Is Mortgage Refinancing a Bad Idea in Comox Valley, British Columbia?

Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when int

  • April 15, 2020
  • Melissa Berrigan

5 Smart Ways to Use a Home Equity Line of Credit

For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a

  • April 1, 2020
  • Melissa Berrigan

What should you consider when refinancing your mortgage in Comox?

Mortgage rates are at a historic low. If you're thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning y

  • February 18, 2020
  • Melissa Berrigan

Should You Pay Off Your Mortgage Early in Courtenay, BC?

It's a dream to be able to pay off your mortgage early, but is there a downside?  While it sounds like a great idea, there are some factors to consider before doing so.  This article will ex

  • January 9, 2020
  • Melissa Berrigan

Should You Refinance Your Mortgage?

There is a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether ref

  • July 3, 2019
  • Melissa Berrigan

3 Simple Ways to Repair Your Credit in Courtenay, BC

For many Canadians looking to purchase a home, bad credit scores stand in the way of getting a mortgage. Most lenders prefer your score to be 650 or higher. If they do allow for lower credit scores, i

  • July 21, 2016
  • Melissa Berrigan

Owning a home in the Comox Valley has never been easier

Whether you are a first-time home buyer or thinking of selling your home and upgrading to a better one, the idea of applying for a mortgage is a daunting process. The good news is that there has nev

  • February 15, 2016
  • Melissa Berrigan

Why You Need an Emergency Fund - And How to Get One

Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a