Charging an upfront fee in order to secure financing for a person with distressed credit is a recipe for additional pain. There are mortgage brokers who will be shrewd enough to organize private money to back a real estate transaction without charging the borrower an up front fee.
Please beware of the conditions created by unethical professionals. If you have distressed credit and excess debt contact a trusted professional.
If you are looking to improve your debt position visit:
Credit conditions are optimal with a low rate environment. If you can find a property as a residence or investment the chances that the value will increase while you enjoy rental income or the general enjoyment of living the place will more than offset the risk of home ownership.
Ottawa and surrounding areas are wonderfully well equipped with amenities that people of all ages find convenient and enjoy.
In the fast paced connected world, who you know can make the difference between a successful real estate transaction and a nightmarish tale of woe. When looking for a property a good real estate professional has local knowledge and most important of all – integrity.
We are confident that the people on Ottawa Mortgages and Realtors will act in your best interest.