When we met John and Monica, they co-owned a home with Monica's parents. The family had made the decision to sell that property to give the younger couple the opportunity to find a home of their own. This generous gift left John and Monica with a significant down payment on their next property, but they wanted to know exactly what they could afford.
Katherine Lim
Recent Posts
Dec 06 2018
More Than a Mortgage
Jul 02 2018
An Unexpected Journey to Home Ownership
Sometimes the journey to your perfect home takes more twists and turns than you expected. This was the case for Sharon and Susanne, who worked with the Auxilium Team for over two years to purchase the property they now call home.
Many Canadians run businesses from their homes these days – whether it's a full-time gig employing more than one person or a hobby turned part-time job in the hopes of making some extra money on the side. Do you know if your home-based business is covered by your homeowner's insurance policy?
Sep 11 2017
Understanding Your Mortgage: Rate Holds
"I'm planning to buy in a few months, but can we lock in a mortgage rate now?" We hear that question often from clients who want to be pre-approved, but haven't yet started seriously shopping for a home. While rate holds do exist in mortgage financing, they may not always suit your needs.
Sep 06 2017
Credit on the Slide
You do everything you can to ensure your mortgage payments are made on time. So why is your credit score slowly getting worse? If you're like many Canadians, it's because your overall debt is climbing and you don't pay as much attention to those other loans.
It's the time of year both parents and students approach with a mix of excitement and dread: back-to-school prep. If you're lucky, you already have a list from your school with the supplies that will be required for the coming year. But the choices can still be daunting when you go on your shopping trip. Whether you feel like you have everything under control, or you're running out on the last weekend before school starts, these tips will help keep more money in your pocket.
Jul 12 2017
Keep Calm and Variable On
The Bank of Canada today (July 12, 2017) raised the interest rate on overnight lending for the first time in 7 years. Many people are wondering, what does this mean for my variable rate mortgage?