I Love Winnipeg Real Estate

Although much of what we chat about in this episode isn't necessarily new information, it certainly is very relevant at the moment. Take a listen to find out 5 reason's why mortgage pre-approvals are falling apart.

On this episode we discuss the timely topic of property tax appeals. Trevor Smith with TGS Realty Advisors provides insight on some of the perceived risks, costs and most importantly financial savings that can be achieved from a tax appeal.

The board of directors plays a critical role in any condominium community. First and foremost, the board's role is to serve and meet the needs of community residents, acting in a manner that is consistent with the best interests of condo owners. This requires having a strong and comprehensive understanding of the issues facing the community, as well as a commitment to a spirit of open communication and collaboration.

In a recent white paper, the Canadian Institute of Actuaries’ Longevity of Infrastructure – Reserving and Risk Management in Condo Maintenance in Canada has identified one major problem for many condo owners: they’re about to encounter large annual fee increases and lump sum payments, thanks to dwindling reserve funds.

When you were shopping for your first home you didn’t just jump headlong into the first property you laid eyes on and lock yourself into the first mortgage rate you came across online, did you?

Your credit score and how you manage credit are huge factors in qualifying for a mortgage. If you want the best interest rates and mortgage products available on the market, you want a high credit score. Here are a few things you can do to improve your credit score. 

There is a lot of economic uncertainty ahead in 2022 and it has a lot of us feeling on edge. On this episode we talk about the realities of a variable rate mortgage.

On this special neighbourhood edition, we are joined by Trudy Turner, Realtor® with RE/MAX Performance Realty. In this episode we chat about Charleswood.

If you’re new to managing your credit, an easy way to remember the minimum credit requirements for mortgage financing is the 2/2/2 rule. Two active trade lines established over a minimum period of two years, with a minimum limit of two thousand dollars, is what lenders are looking for.

On this special neighbourhood edition, we are joined by Geoff Davis, Realtor® with Royal LePage Dynamic Real Estate - Claude Davis Team. In this episode we chat about River Heights.

Although it’s ideal to have your mortgage paid off by the time you retire, that isn’t always possible in today’s economy. The cost of living is considerably higher than it has ever been, and as a result, many Canadians are putting off retirement, hoping to make just a bit more money to add to that nest egg.

On this special neighbourhood edition, we're joined by Eric Neumann, Realtor® with Realty Executives First Choice. In this episode we chat about Wolseley. 

Chances are if you’re applying for a mortgage, you feel confident about the state of your current employment or your ability to find a similar position if you need to. However, your actual employment status probably means more to the lender than you might think.

Let’s say you have a home that you’ve outgrown; it’s time to make a move to something better suited to your needs and lifestyle. You have no desire to keep two properties, so selling your existing home and moving into something new (to you) is the best idea

On this special neighbourhood edition, we're joined by Tom Goodfellow, Realtor® and Broker of Goodfellow Realty in Winnipeg. In this episode we chat about Transcona.

If you’re looking to purchase a property, although you might not think it matters too much, the source of your down payment means a great deal to the lender. Let’s discuss the lender requirements, what your down payment tells the lender about your financial situation, a how down payment helps establish the mortgage loan to value.

Porting your mortgage is when you transfer the remainder of your current mortgage term, outstanding principal balance, and interest rate to a new property if you’re selling your existing home and buying a new one.

You might think that you can plan your budget for the upcoming year based on the previous year's expenses. Just copy and paste and you're done, right? Well, not quite. While the previous year can provide a solid, general guide for planning purposes, you will need to consider possible changes in year-over-year expenses.