hi, my wife has a mortgage on her condo (standard 5 year variable closed mortgage), and she is at her final stretch: she only has about $23k left. this amount is well below the 20% yearly lump-sum prepayment threshold. we have the cash available to pay off the mortgage. other than the $350 legal dis...
Apr 16th, 2021 9:28 pm
Maybe I'm not used to the game, but it appears even the "cheap" real estate in my city is going apesh!t. Apparently if the house is up for $300k asking, if your offer is lower than $400k, you have no chance as there is so much competition. I've had 2 houses on my block sell in a matter of ...
Apr 14th, 2021 10:24 pm
Global news I've made a post about this, and now it's confirmed, if you do not pay the $1000 prison fee and let them take you to a "federal quarantine facility", you're about to share the same ventilation with covid positive people, who are also being transferred to these places. Some par...
Hi there, First time poster, longtime lurker. Recently stumbled on this video on Youtube by Jacky Kuk Strategy to Pay Off Mortgage... and was wondering if anyone has implemented a similar strategy? I suppose its similar to the Smith maneouver in a sense where a readvanceable HELOC is used. Whereas t...
Apr 13th, 2021 12:21 am
Hi This is for my friend. She rented her house (chapleau ontario) to a single mother who only paid the first and last month, then the next month when my friend called the tenant, the tenant asked to not contact her anymore and that has been since last Sept. My friend is talking to her lawyer to take...
Apr 10th, 2021 3:42 pm
Maybe this a silly question, but I don't know.......tried it in the mortgage thread but maybe that was the wrong place to ask...... If a person is looking for a new house, but hasn't sold their existing house, can one go to a bank or mortgage broker and get pre-approval on the new house if you are u...
Apr 3rd, 2021 4:17 pm
Im on the the west of abbotsford around Eagle mountain and house prices are selling hundreds of thousands over asking all around me. In fact a house that looks like like its seen better days way below us, is selling for more than what we paid for our home. It will sell. And most likely go over askin...
Mar 26th, 2021 10:22 am
... in March. It's a medium sized loan with an interest rate around ~6%. The loan officer at the dealership said I should wait ~6 months before paying the loan in order to have the best effect on my credit score. My credit score is fine, I own a house and have a few CC's with no missed payments. ...
Mar 17th, 2021 7:12 pm
... am looking to setup my portfolio and have a bunch of USD which I didn't want to exchange just yet. I like the thought of buying Canadian dividend paying stocks/ETFs as I would have a steady monthly income as well as potential growth. Can I buy anything in USD? I read that if I buy US stocks/ETFs, ...
As the title says, given that we're in the initial vaccination stretch, the "finish line" could be anywhere in late 2021 to late 2022 depending on the country. I think I can say with high degrees of confidence that once the various governments give the go ahead that the demand for internat...
Mar 8th, 2021 1:02 am
... surely write this off.... and maybe the CRA will notice.... I got my multiple emails showing that I informed Amazon multiple times that they were paying me "GST" when I was not eligible to collect it. I'll set the 5% aside in case Amazon wants it back or the CRA asks me to hand it over... ...
Feb 27th, 2021 7:57 pm
Hey there, So my wife, my best friend and his wife started a business. My best friend and I will be active in the business and our wives are just equal Shareholders/Directors. They both have low salaries, are we able to just pay them whatever salary we want and not take salaries ourselves. Even thou...
Feb 17th, 2021 12:07 pm
This is about paying credit card bills from a Tangerine Checking. Sometimes the transfer would be right away (such as today). Other times the transfer is scheduled for next day (like tomorrow). I just initiated a pay bill from my ...
Feb 12th, 2021 11:12 am
Hi guys, Any recommendation of dividend paying stocks for non-registered account?Currently I'm only holding TELUS and TD, and purchasing them on regular base. Is there any other stock you guys recommend for long term hold?Thanks,
I was wondering what people choose these days with the current low rates. Does it make more sense paying the CMHC premiums, getting a bit lower mortgage rates and investing the available cash, VS putting down 20% and avoiding CMHC. It basically comes down to borrowing the ...
Feb 3rd, 2021 12:09 pm
Just got an email from BMO. Looks like it's targeted to existing customers: Get $50 for paying bills online* That’s right, just by making bill payments online, you can earn money towards your future bills. Plus, bank conveniently and safely from the comfort of home. ...
Feb 1st, 2021 4:16 pm
LF - Pixel 2 Buds - Paying $100-110Must be located in the GTA
Jan 29th, 2021 10:53 am
Hi All, Just found out my parents are using Rogers pay as you go at $0.60/minute incoming/outgoing. They have two cells phones (one smart, one flip). Any recommendations out there for cheap talk/text plans? Say in the $30/month range for both together? Upgrading to newer phones may be a good idea, b...
Jan 20th, 2021 2:16 pm
I have a marketing business and I recently signed a deal with a salesman. Basically, I give him 20% of the revenue on deals he brings in. The salesman is NOT a shareholder of the company and he will never have any equity. We just had our first deal and I now have to send him his 20%. But how do I de...
Jan 15th, 2021 6:44 pm
... I thought, but I want to be 100% sure. Corporate year end date makes more sense to me because that way CRA knows for sure what fiscal year you're paying into. Of course, that's the only entry on the page that does not have an "info" button.
Jan 15th, 2021 3:29 pm