If you’re looking to retire or you already have retired, you may be considering securing a home to age in place, as opposed to living in a nursing home. Aging in place is preferable for many reasons, but it can come with some dangers and risks as well.
In fact, without properly renovating your home with the correct safety features, you could be at risk of injury or death should an accident occur. Thankfully, this is easily prevented by making use of “aging in place” renovations around your home. In case you or a family member is looking to stay safe and independent after retirement, let’s take a look at some renovations you should stay safe.
Growing a business from your home is more accessible than ever these days, with so many resources available for entrepreneurs, and while it’s often viewed as easier than buying or renting a storefront, there are still some considerations that come with running an at-home company. First, you’ll need space. Even if your business starts off small, the more you put into it, the more it will grow and require room for inventory, employees, and the tools of your trade. Whether you need a bigger space or are looking to buy your first home, you’ll want to make sure you get the right mortgage to fit your needs, and BG Financial can help you get started. There’s more than one type of home sale, so here are a few tips on how to get started with the process.
As Certified Financial Planners, we continually strive to see every client realize all of their financial dreams. Whether your goal is to save for a new home or your retirement, protecting loved ones from financial losses or managing your portfolio wisely, we have the experience and resources to meet your needs.
I’ve got good news and bad news. The bad news is: we’re not getting any younger. The good news is: we’re not going away anytime soon, either, as life expectancy for Canadians is higher than ever before! At least, I think that’s good news—check back with me in 2050 and let’s see how we all feel about it.
So you want to make a major home renovation. Congratulations! Now, you’ve got to find the right contractor for the job. While doing a thorough online search or asking family and friends is an important first step, once you find a potential contractor, it’s time to start treating the process like a job interview. Being prepared with the right questions protects you from future headaches, but also ensures that you’re happy with the end result.
How much do you really know about reverse mortgages? Maybe you know that reverse mortgages can help Canadians 55+ access the equity in their home, tax-free. Maybe you know that tens of thousands of Canadians are using a reverse mortgage as part of their financial plan. But did you know that there are 7 common misconceptions when it comes to understanding reverse mortgages in Canada. As Canada’s leading provider of reverse mortgages, HomeEquity Bank can help set the record straight.
If there is one word that defines life in 2021, that word is change. How much and for how long is uncertain. And while some changes may be temporary, many may be here to stay.
Feel like you’ve watched every piece of content available on Netflix, and Disney+, Crave, Hulu, or whatever streaming services you use? I feel the same way. I’m currently rewatching Friends for the millionth time and reciting lines that I didn’t even know I had memorized.
As you’re undoubtedly aware, the holiday season can be a very expensive time. Not only are there gifts to buy, but there can be a host of hidden extra expenses – gift wrapping, postage, and more take-out meals than normal for a start.
The breakneck pace of technological change has fundamentally affected the way industries operate and innovate, and banking is no exception. Accessing financial services online has been the norm for years now, with an overwhelming majority of the population using digital channels for most banking transactions. The infrastructure that makes all of this possible, routinely processes massive amounts of sensitive data and needs to constantly evolve to ensure it all remains secure.
According to a recent CIBC poll, nearly half (48%) of retired Canadians stopped working sooner than they expected. The result is that many retirees have saved less for retirement than they planned, making unexpected expenses all the more stressful once the income tap has run dry.
When your mortgage application goes through the approval process, they are not only looking at you, but also the property in question. In fact, sometimes when an application is denied it has nothing to do with you, and everything to do with the property.
If you shopping for a home, or have worked with a mortgage professional in the past, you’ve most likely heard of rate holds before. If not, it is something that every potential homeowner should be aware of. This is especially true for the application process as it has some great benefits for active shoppers.
Canada has seen a surge of international migration over the last few years. In 2019, we welcomed a total of 313,580 immigrants to the country! This is an increase of 40,000 individuals when compared to 2017 numbers.
As cities continuing to grow bigger and busier, a rural home beyond those limits can seem like a dream come true! However, before you dive into country living, there are a few things you should know! Especially, how different it can be to qualify for a mortgage.
To most consumers outside of the mortgage space, the terms “mortgage broker” and “mortgage specialist” would seem interchangeable – but they aren’t. As a potential homeowner, the differences are more important than you might think.