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  1. Hagen

    Variable or Fixed

    Jason Rate is only part of the picture. The challenge is focusing on what seems to be a great financing rate, but forgetting/misinterpreting the bigger picture and finding yourself with mortgage terms that don't suit your future needs. As long as your decision is based on the whole picture...
  2. Hagen

    Edm PM - Need your feedback please

    Christine, Todd & Danielle Millar posted a thread here (http://myreinspace.com/public_forums1/f/62/t/11112.aspx) about Calgary PMs, and claimed to have already completed a feedback poll on Edmonton PMs... maybe worth following up with them? Good Luck!
  3. Hagen

    non resident investor

    John, The transfer of funds between your partner and yourself would need to be made in the form of a "gift" letter, and explicitly state that the "gift"is not required to be repaid. If this gifted amount is repayable, then your mortgage qualification would have to include the debt service of...
  4. Hagen

    Rent to Own and CMHC

    Randy Good comments overall. I also spoke with an MPAC lender today and they were strict about allowing any non-refundable deposits towards downpayment. Their indication was to reveiw adn use CMHC`s online lease-to-own documentation. I searched, but was unable to find anything on the CMHC...
  5. Hagen

    Home Owners Insurance on AFS

    I spoke with Rosanne at Park Insurance last weekend at the REIN conference about this very issue. They suggested that the buyer acquires new insurance to protect their interest, include the name of the seller on the policy, cancel the sellers insurance, and make sure the bank gets a copy of the...
  6. Hagen

    Deal-Ready Documents Focus Workshop

    Barry Had such a great time attending your workshop last fall, I`m coming back for a return engagement next month! Can`t wait! Where else can you spend a whole day with a real live Real Estate lawyer armed with years of dedicated experience "in the trenches" plus great jokes to...
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