Richards Mortgage Group Articles

Michael & Ginny had done their time... years in University, then hard at it in their careers. Ginny had become pregnant and stepped out of the work force when Tyler was born. Mike continued working long days in the Calgary city core, up the corporate ladder, and making good money. But with the job came stress, fighting with traffic daily, and Tyler - the boy was growing up so fast...

Building a new home can mean a lot of great things for you and your family, including the opportunity to live in the home of your dreams; to save money compared to buying a prebuilt home; and the sense of accomplishment and satisfaction that comes with it.

(You'll need to get a little creative!) Can you feel the warm breeze? Smell the rich floral earth? Sarah and Jackson were fed up with the long, dark, and cold Canadian winters. In 2024, they took a month-long winter vacation to Costa Rica and fell in love with the place. Before long, they found themselves in the back of an SUV driven by Michael Mills, owner and broker of Re/Max Costa Rica, touring potential properties. Naturally, the topic of purchase financing came up. Last updated August 7, 2024

Gerry is all smiles now. When Shauna and Gerry called me, they were paying almost $2000/mo rent + utilities and desperately wanted to buy their own home and quit paying rent, but just couldn't seem to get on track for a mortgage approval. Now they are interviewing prospective tenants.

Dealing with the Family Home and Mortgage During Separation & Divorce Divorce is seldom a pleasant topic. Stress is an understatement. Irrational behavior is common. If you had experience with relationship breakdowns, things might go a whole lot easier, but separation and divorce is not something one gets a lot of practice at. As it relates to housing and mortgages, you can navigate through the mess and position yourself for a brighter future, just don't make any critical mistakes.

In this article, the discussion is an overview of the Re-Advanceable Mortgage and the Smith Manoeuvre, a technique or option to make your mortgage tax deductible and create access to incremental funds for investment (or any) purposes.