Much like we defined a second mortgage in a previous blog post , a third mortgage is one that comes after the first and second charge on a home. Generally, third mortgages are rare, but they are not impossible to get. Tembo Financial …

A mortgage is a large transaction that and a commitment that you must make.  It is important to choose a lender that is right for you!  Here are some tips in choosing the right lender for your lifestyle:  Choose someone you trust:a …

After many months the Ontario government has finally announced that it is getting people back to work and opening more recreational activities  by moving forward with a regional approach to Stage 2 of reopening the province.  In cl …

Today, the Ontario government is taking additional immediate action at high-risk long-term care homes, following the disturbing allegations outlined by the Canadian Armed Forces (CAF). The Ministry of Long-Term Care has deployed long- …

As the Ontario government carefully and gradually reopens the province, those taking public transit, returning to work or going out shopping are being urged to continue to adhere to public health advice as the best line of defence aga …

With the current situation and many people not wanting to have open houses, it is becoming more important to boost your curb side appeal. Here are some easy tips from Tembo to help you sell your home! 1. Make sure your grass looks fre …

In a past blog post we touched on the topic of Loan to Value. Loan to value is the amount of money that you owe on your property, divided by the amount that your home is worth. There are many ways to determine the value of a property. …

Tembo would like to share some quotes from key stakeholders in the financial, real estate, and banking sector on the medium term to longer term impacts of COVID-19 on the real estate and rental markets. These quotes were pulled from a …

In April, 16.6K seasonally adjusted sales were completed across the country according to the Canadian Real Estate Association (CREA). The last time we saw sales fall to these kinds of low levels was December 2008 – in the immedi …

Private lenders are able to lend you money just like the regular banks would, however, the criteria and way that they lend will be different.  Rather than having a set rule for criteria, private lenders are generally more flexible ab …

During this hectic time in our lives, it’s important to take a second to your self and relax. Living with others for a long period of time may be difficult for some, and being alone for an extended period can also be hard on peo …

During this time while everyone is at home and meetings have become virtual, we have noticed a few steps to take in order to ensure that you are prepared for your virtual meetings!  Clean the area which is in the view of the webcam. …