Welcome to PassGo Law! We are thrilled to have you with us. To help you navigate through the closing process smoothly, we have put together this guide. Follow the steps outlined below to ensure everything goes according to plan. If you have any questions along the way, don’t hesitate to reach out. 1. Join the… Continue reading Getting Started with PassGo Law
Do You Need a Real Estate Lawyer to Refinance Your Mortgage? Refinancing a mortgage can be a strategic financial move for many homeowners, allowing them to secure a better interest rate, reduce monthly payments, or access home equity. However, the process can be complex, raising the question: do you need a real estate lawyer to… Continue reading Do You Need a Real Estate Lawyer to Refinance Your Mortgage?
On November 9, 2023, Canadians faced a stark reality as interest rates surged, marking the fastest and most significant increase in over four decades. This abrupt shift in the financial landscape has sent shockwaves through the real estate market, affecting homeowners, prospective buyers, and the broader economy. In this blog, we delve into the repercussions… Continue reading The Impact of Rising Interest Rates on Mortgages and Real Estate in Canada
Dower rights, an integral part of Alberta law for many years, serve as a crucial safeguard for spouses who are not listed on the title to their property. The lack of awareness about these rights can lead to costly complications and challenges. In this blog, we will delve into the history, purpose, and requirements of… Continue reading Understanding Dower Consent: Protecting Spousal Rights in Alberta
When pursuing a career in the mortgage industry, there are crucial concepts you must grasp to succeed as a Mortgage Broker or Mortgage Associate in Alberta. Among these, Mortgage Payout Penalties stand as a vital topic that could appear in your Mortgage Exam. In this blog, we’ll delve into the meaning and calculation of Mortgage… Continue reading Understanding Mortgage Payout Penalties
Dealing with mounting credit card debt can feel like an uphill battle, with high-interest rates making it difficult to see a light at the end of the tunnel. In such situations, the idea of refinancing your mortgage to pay off credit card debt may cross your mind. While this approach can offer some benefits, it’s… Continue reading Should I Refinance My Mortgage to Get Rid of Credit Card Debt?
When it comes to managing your finances, making informed decisions about your mortgage is crucial. One financial maneuver that has gained popularity in recent years is mortgage refinancing. Refinancing your mortgage can provide a host of benefits, from lower interest rates to debt consolidation. In this article, we’ll delve into the concept of mortgage refinancing,… Continue reading Unlocking Financial Freedom: Understanding Mortgage Refinancing
In the journey of home buying, mortgage brokers and mortgage lenders play a pivotal role in connecting buyers with lenders and securing the financing they need. While their assistance is invaluable, it’s important to demystify the question of how mortgage brokers earn their income. Mortgage brokers work in your best interest, finding you the best… Continue reading Understanding Mortgage Broker Fees: How Do Mortgage Brokers Get Paid?
The real estate industry has undergone significant transformations in recent years, largely due to the advancements in technology. One area that has seen considerable progress is the implementation of virtual ID verification processes. With the rise in fraudulent activities, particularly related to property transactions and mortgage registrations, virtual ID verification has emerged as a powerful… Continue reading Unlocking Opportunities Safely: The Power of Virtual ID Verification
If you’ve recently obtained a Court Order or Judgment in your favor, but the debtor has refused to pay the owed amount, it’s time to take action as a creditor. One essential step in the debt collection process is filing a Writ of enforcement in Alberta. This legal document, which is filed with the Court… Continue reading Understanding the Writ of Enforcement in Alberta
