When considering starting a business and incorporating there are several advantages to Virtual Minute Books. Under the Ontario Business Corporation Act R.S.O 1990 it is required that corporations maintain accurate records. Minute Books contain a record of a company's resolutions, Shareholder Registers, Director Registers, Officer Registers, Shareholder Agreements, Forms Filed and other valuable documents.
A second mortgage is a mortgage that is taken out against a property that already has a home loan (mortgage) on it. Generally, people take out second mortgages to satisfy short-term cash or liquidity requirements, have an investment opportunity or to pay off higher-interest debts (such as credit cards and student loans) that a second mortgage might offer.
May 15, 2023
It’s been a roller coaster ride when it comes to prices in Niagara ever since the onset of Covid. But in fact it goes back even further than that. Going back all the way to 2017 we have seen price gains in residential properties that were for a number of years previously just unheard of. In fact over the calendar year 2017 average prices grew by just over 25%.
April 17, 2023
We used to have lots of meetings, back before Covid. In fact, in one of our many renovations in the past, we acquired space and designed a training centre, equipped with seating of course and work tables along with an overhead projector and wall-mounted screen. Adjacent to the training centre was our 50’s diner, designed to seat exactly the same number as the training centre and great for snack breaks and lunches when training went all day.
April 17, 2023
When traditional lenders (such as banks or credit unions) deny mortgage financing, it can be easy to feel discouraged. However, it is important to remember that there is always an alternative!
April 17, 2023
They say that purchasing your principal residence is largely an emotional decision while buying an investment property is a matter of logic. And while there is a certain amount of truth to that, it isn’t the whole story. Or at least it shouldn’t be. One element that should be prevalent in both is the pride of ownership. Let me explain.
April 17, 2023
Back last August the average sale price of residential property across the region came in at $695,328. And that price held pretty steady for three months: (August - $695,328, September - $695,205, October - $691,041). After peaking at $863,057 back in February 2022, the prices slid pretty steadily for the next 6 months up until August. It seemed that prices had bottomed out and were now pretty stable. But that was not the case. Beginning in November the average price began to soften again and this continued through January, which recorded an average all the way down at $627,561, a drop of almost 10%. But now, in February and March that downward trend has reversed, and gained back all those recent losses. March average came in at $694,280, a gain of $66,719 or 10.63%.
