According to an article from The Globe and Mail, Canada’s mortgage debt has more than doubled in the past decade, to nearly $1.3-trillion even though South of the border, the U.S. economy is looking up. Unemployment is down, wages a …

Most people get overwhelmed when thinking about financial planning and security. Since it can be a quite complex situation, people tend to avoid it but it is only a matter of establishing a foundation and building up from there. Here …

Canadians are increasingly spending more money to update their houses over purchasing new ones. The Financial Post notes that renovation spending reached $68 billion in 2014 with expectations of growth at 3 per cent annually in 2015 a …

A good home inspection can increase the value of your home, decrease the time it’s on the market and minimize negotiation on the selling price. Home inspections are not just for buyers but for sellers too. As a seller a good home in …

Experts say that lenders have become more stringent on providing mortgages to the average self-employed Canadian. Though the number of Canadians working for themselves is steadily rising, at approximately 2.7 million in 2014, the rule …

One of the number one tips for investing is diversification. Most value investors chose to concentrate their holdings by only investing in their 10 to 15 top ideas. Whereas successful venture capitalist’s have close to 100 companies …

Debt has never been more relevant in Canada that it has in the last decade. Many Canadians continue to fall deeper and deeper into debt with no way out. According to Statistics Canada, 71 per cent of all Canadian families carried some …

In the GTA, the sales of houses and condos over $1 million were up 56 per cent in the first half of this year over the same period last year. This means that Toronto has surpassed Canada’s big-ticket city, Vancouver, where houses an …

Home Appraisers use three recognized approaches to value. The first is Direct Comparison Approach, which compares the subject to similar properties that have sold. This also includes comparisons through the values of properties for sa …

For quite some time traditional lending that is being practiced by banks and conventional lenders declined many individuals that could pay back loans but currently did not meet their strict requirements. Private lenders typically cons …

Are you interested in increasing your current home’s resale value prior to selling? If your preferred renovations are going to cost you thousands – check out Tembo Financial today! Offering a wide range of non-traditional lending …

Need to renovate, repair, or improve your home prior to selling and don’t have the funds? Tembo Financial is the non-traditional private lender your need to get an advance on your equity and fix your home today! Tembo Financial’s …