Unlike other countries, Canada has government regulations in place to protect the rights of homeowners who take reverse mortgages.The bank will never own your home
The bank can only demand the principal and interest that has accumulated over...
Preparing financially for your retirement is a lifelong project. That should not make you feel intimidated, rather it should make you realize that you have some time to figure things out. But there are certain goals that you should...
While it may be uncomfortable, you are going to need a will for when you pass away or if you are ever incapacitated. This is especially true if you have children or possess many assets. One of the kindest...
Reverse mortgages are loans that allow homeowners to use their properties existing equity to get finance without the need to sell their home.Reverse mortgages are just like any other type of loan, the key difference is how they are...
A common concern for many retirees is running out of money during retirement. Unfortunately, there is a reason to be concerned. Healthcare costs are high, people are living longer, and other issues are present. Also, the best financial planning...
Banks that offer Reverse Mortgage Products have 4 key safeguards in place to ensure that your client’s equity is kept safe and secure, busting many of the misconceptions surrounding reverse mortgages.
You always retain title and ownership of your...
A significant number of Canadians have had their investments impacted by the current market, which has ultimately decreased their savings and impacted their monthly cash flow.Have your investments been impacted by recent events? Do you need a solution that...
There are plenty of opportunities to save for your future, and congratulations if you have some savings vehicles in place. An essential aspect of an effective savings plan is to ensure that it is balanced in saving and investing...
Currently many families are facing a financially challenging time. In fact, many Canadians 55+ are looking for a solution that can enable them to provide financial support to their loved ones whose employment and income have been impacted by...
Richard, who is in his nineties, is healthy and enjoys his independence. He loves his home and wants to stay there as long as possible. Since he lives alone, Richard was concerned about what would happen in an emergency,...
