Karen Wotherspoon
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What’s an Alternative Mortgage Lender?

What’s an Alternative Mortgage Lender?

by Karen Wotherspoon | Jan 15, 2021 | Blog, Economy, Finance, Homeownership, Mortgage

It’s always great to have an alternative option, right?! This theory holds true when it comes to your mortgage choices as well – the broader selection your mortgage agent offers, the more likely you’ll be to secure a mortgage that meets your unique needs.   An...
Fresh Financial Start to a New Year

Fresh Financial Start to a New Year

by Karen Wotherspoon | Jan 1, 2021 | Blog, Economy, Homeownership, Mortgage

Many of us drew a collective sigh of relief when putting 2020 behind us, concentrating on the hope for better days to come in 2021. From a financial perspective, 2020 definitely had its challenges. One of the best ways to benefit from a new year is to look at ways to...
Don’t Forget Monthly Carrying Costs When Buying a Home

Don’t Forget Monthly Carrying Costs When Buying a Home

by Karen Wotherspoon | Dec 18, 2020 | Blog, Finance, Homeownership, Mortgage

Ensuring homeownership remains an affordable option stretches well beyond monthly mortgage payments. There are numerous recurring expenses known as ‘carrying costs’ that help you maintain your investment and, therefore, must be factored into your budget to avoid...
How Do I Know How Much I Can Spend on a Home?

How Do I Know How Much I Can Spend on a Home?

by Karen Wotherspoon | Dec 5, 2020 | Blog, Economy, Finance, Homeownership

Determining what you can comfortably afford to spend on a home is important to define well before you head out home shopping. Otherwise, you could waste time looking at homes that stretch you outside your financial comfort zone or, worse yet, are completely beyond...
Becoming a First-Time Homebuyer & Landlord at Once

Becoming a First-Time Homebuyer & Landlord at Once

by Karen Wotherspoon | Nov 20, 2020 | Blog, Economy, Homeownership, Mortgage

Becoming a First-Time Homebuyer & Landlord at Once   In Canada, there are nearly 4.5 million adults and families who live in rental housing – representing approximately one third of total households. If you’re looking to purchase a home, particularly your...
Why Do We Pay Property Taxes?

Why Do We Pay Property Taxes?

by Karen Wotherspoon | Oct 16, 2020 | Blog, Economy, Finance, Homeownership

Property taxes are levied to homeowners as a way to help maintain services in your community that ensure your neighbourhood continues to thrive and remain an attractive place to live and work.   Property taxes represent a key source of funding for municipalities...
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