Danny Papadopoulos's (homebasetoronto) Blog

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Mortgage and Lending - Homebase Mortgages - 12785
RECENT BLOG POSTS
Most people get confused when referring to home equity loans and second mortgages because some websites may use the terms interchangeably, so how are they different?A second mortgage is actually a type of home equity loan. When mortgage professionals bring up the term home equity loan, they are u...
08/16/2017
A report from Urbanation Inc. shared that the Toronto condo rental market is getting hotter as the real estate market is cooling down as a result of the announcement of new provincial housing measures in April.A New Housing Problem?Real estate consulting firm Urbanation looked into the condominiu...
08/16/2017
People constantly talk about predicting that the Toronto Housing Market is going to burst, but would you really believe them when investment genius Warren Buffet himself bought shares at mortgage lending company Home Capital Group Inc.? This isn’t just a show of support! This is a vote of confide...
08/16/2017
Now is the best time so far to take advantage of the equity you’ve built in your home. How so? Because mortgage rates have been low and steady in recent years, that’s why!Today’s market presents you with good rates with no indication of sudden change. If you don’t think these days is a great time...
07/25/2017
Second mortgages or home equity loans are getting popular once again. It fell back a bit after the recession, but as people are making moves now to take charge of their finances once again, interest in various loan options are picking up. If you want to find out more details about home equity loa...
07/25/2017
Recent reports share that non-Canadian citizens who bought homes in Ontario are just a small percentage of recent buyers after the speculation tax was implemented for foreign buyers.Effect of Speculation Tax?The Ontario government released a report sharing that only 4.7% of the recent real estate...
07/25/2017
More and more homeowners are looking into being able to sell homes for profit, unfortunately, whatever you can gain from doing so is often left far from your reach unless you are able to access it using a HELOC or using a home equity loan.So which one then is better?A home equity loan and a home ...
07/25/2017
Let’s be honest with ourselves, the most compelling reason why homeowners choose to go forth with having a home renovation is not for aesthetic reasons but for increasing the home’s value. In today’s blog post, we are sharing with you some of the best home renovations that can drum up a return of...
06/29/2017
There are so many reasons why people would consider taking a second mortgage. You might be thinking of getting one as of this very moment and is just isn’t sure yet if you should go for it.The first question you should ask yourself when taking any kind of loan is how beneficial it would be for yo...
06/29/2017
Having a lot of loans can be a pain to keep tab of when it comes to making sure that you’re paying them off before each of their monthly due dates; not to mention that each loan will have dizzying interest rates that will keep on eating on your finances if the loans are not paid off as soon as p...
06/13/2017
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Danny Papadopoulos

Offering Private & Second Mortgages in Toronto
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