Posts tagged ‘Arnold Molder’
Piggy Banks, GoMax & Mortgages
Tweet Any of Tridac – The Mortgage Centre’s clients know exactly what my connection to piggy banks is. If you’ve done business with us then you no doubt have received one of our cute little piggy banks as a ‘thank you’ gift after closing your mortgage. The significance of the piggy bank runs deep in [...]
Good Bye 2011, Hello 2012
Tweet There’s seldom an occasion during which we can sit back and contemplate time gone by and time to come. Thank goodness we mark each calendar year with a definite beginning and end. This gives us a formal opportunity to reflect, reset and plan ahead. 2011 was another fantastic year at our brokerage Tridac Corporation [...]
Files Of The Broker: Tax Arrears, Wolves & The Oak Ridges Morraine
Tweet The failure to pay property taxes and resulting consequences are not always well appreciated. Earlier I reported how we saved a homeowner from falling into the hands of the municipality through the Sheriff. The legal action, initiated by a municipality, was over failure to pay property taxes. The owner of this very attractive rural [...]
Tax Sales & Judicial Sales, Golden Opportunities
Tweet In previous blog entries I expanded on the term Judicial Sale with examples from our files and my own experiences. The term Judicial Sale is a court order by a Writ of Execution and presided over by a Sheriff, to satisfy an unpaid debt in an auction environment, known as a Sheriff Sale. It [...]
3 Ways To Invest In Private Mortgages
Tweet I sat down with my Dad to talk about how an investor can invest in private mortgages. As president of a Mortgage Investment Corporation (MIC) and over 35 years of experience he has a lot of insight into the world of mortgage investments. Essentially there are 3 ways that an investor interested in mortgages [...]
Investing In Private Mortgages
Tweet Investing in mortgages is a great opportunity that is overlooked by many investors. There are many methods and ways to invest in mortgages. The following is the skinny on investing in mortgages: Why Should Someone Consider Investing In A Private Mortgage? A mortgage is a unique investment that provides the investor with a predetermined [...]
What Is A Second Mortgage?
Tweet A second mortgage is a loan secured against real estate, that is subordinate or subsequent to a first mortgage on the same property. If you own a home there can be multiple mortgages secured against it. The order of the mortgages is determined by who registers the mortgage first with the land registry office. [...]
The Old Man, The Boy & The Donkey
Tweet An old man and a young boy were traveling through a village with their donkey. The boy rode on the donkey and the old man walked. As they went along they passed some people who remarked it was a shame that the old man was walking and the boy was riding. The man and [...]
What Is A VTB or Vendor Take Back Mortgage?
Tweet This generation of first time borrowers are spoiled rotten. Imagine their shock 5 years from now when their ultra low 3.59% fixed rate mortgage is renewed into a more realistic 6% mortgage? When I speak to older borrowers who have been around the block a few times I am constantly reminded by them of [...]
