Glossary

Glossary

Agreement of Purchase and Sales (APS): This is a legally binding contract entered into by a buyer and a seller. It is advisable to have a professional realtor prepare the offer with suitable clauses and conditions to ensure satisfactory protection for the buyer....
Business Loans For Home Owners

Business Loans For Home Owners

Several small businesses in Canada are still operating despite challenges like growing inflation, the potential for a global recession, and ongoing struggles after surviving the COVID-19 pandemic. Most small and medium-sized firms in Canada believe their growth will...
What is Fixed and Adjustable-Rate Mortgages

What is Fixed and Adjustable-Rate Mortgages

A mortgage is an agreement between the lender and you to provide a loan to purchase the property. There are two kinds of mortgages: fixed and adjustable-rate mortgages. Because the market offers many different types of mortgages, we must choose the best one. The first...