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3 Mar

PRIVATE MORTGAGES CAN BE DANGEROUS- by Tracy Luciani Price

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Posted by: Tracy Luciani Price

If you need a private mortgage, please stay local.  Every time without fail, people come to us after they arranged a private mortgage out of the area (especially Toronto…look out) from an unknown source, usually via a phone number in the yellow pages or an ad with a toll free number.  Well they have nightmarish stories to tell us.  They are also pretty much in dire straights. Folks, why play with fire when you are likely to get burnt.

We have a pool on wonderful private lenders with whom we have established relationships with.  These are reputable, caring people who want to meet with you personally and develop a good relationship.  They are not out to gouge you and take over your property either.  Please if you need a private mortgage solution, or if you know someone who does, please call us first.  We will find you the best solution designed to get you through your short term problem, and we’ll help you get your credit back in ship shape in order to refinance into a prime mortgage as soon as possible.

IT’S NOW OR NEVER FOR INVESTMENT PROPERTIES

With mortgage rates at ‘ALL TIME LOWS’  and with down payments set to increase to 20 % from 5% on April 19th, now is the last opportunity to buy a great investment property  with a huge upside return.  Buy a duplex, triplex, second home even a new house to built under contract with a builder you can rent out giving you excellent cash flow (with low expenses).  We also have an excellent, Rent to Own Program where our investors buys properties for RTO clients.  The program has an excellent return on your money. Call us today . We are here to help you increase your wealth portfolio. 

Our best rates this week  1.95% variable,  3.69% 5 year fixed