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3-1750 the Queensway, Suite 1223 |
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What do we
say to the banks?
As such, we have developed an ethical, all be it more difficult, approach to purchasing real estate that is passing rigorous scrutiny by several advisers for the level of ethics. In fact, we are raising the bar for effective and fiscally responsible real estate investing. Are your current partners playing in the grey area or are they setting new levels of ethical responsibility? How do you play the game? There are three areas that a sophisticated investor can participate in real estate investing and enhance their portfolio:
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How do you play?Mortgage fraud is becoming more common across Canada. It now totals about $50 million annually, experts say, and is helping to drive up the cost of mortgage insurance for everyone. Most mortgage frauds are low-level scams that are not exposed until something goes wrong – most likely when the homeowner cannot make the mortgage payments. In fact, it is doubtful most of these frauds are ever detected.
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