Tag: Canadian homeowner
New Mortgage Company Puts the Power in Borrowers’ Hands
The Northshore News released an inciting article this March that covers WiiBid’s overarching goal of shifting the power dynamics within the mortgage industry by putting the power back in borrower’s hands. The newly released article outlines valuable statements from the company’s founder and Chief Executive Officer, Amin Eskooch who capitalizes on the lack of transparency […]
Are Mortgage Rates Going Up In 2021?
With the pandemic affecting many in different ways, the surprising consistency and growth of the Canadian housing market throughout 2020 and early 2021 has experts stunned. Though many factors play a part in this, the outcome is as expected: home prices have skyrocketed in urban centers and local markets are running red-hot! According to BNN […]
5 Reasons People Are Turning To Private Mortgages In 2021
Why opt for a private mortgage over a traditional mortgage? Every situation is different and there are a lot of variables however these are five of the main reasons why you would opt for a private mortgage over going to a bank. 1. Self-employed Someone self-employed who does not necessarily have a steady source […]
DIY Mortgage Platform Featured In The Georgia Straight!
Buying a property and keeping up with the expenses can be stressful, which is why homeowners need the best mortgage rates possible. It’s not “Home Sweet Home” without a sweet mortgage! That’s why WiiBid, B.C.’s latest innovative mortgage and lending platform, helps consumers find low financing rates by using machine learning and auction technology. Consumers […]
6 Tips For Buying A Home In British Columbia
For most of us, buying a home is the largest purchase that we will make in our lives and there are a lot of factors to consider. Whether you are a first-time home buyer or are relocating from your existing home, the feeling can be overwhelming and there are a few things to keep in […]
Discover 10 Factors Impacting How Your Property Is “Assessed” in BC!
Ever wondered how property value is “assessed”? Let’s say you bought a two-bedroom condo in North Vancouver for $850,000, but BC Assessment values your new place at only $800,000, or imagine selling a detached house for $1 million, even though BC Assessment estimated the home value at around $900,000. Something seems a bit off here, […]
Impressions Matter – Renovate To Maximize Property Value
Almost everyone knows it’s a good idea to renovate before selling your property. A little paint, new lighting, and posh flooring can go a long way in helping you increase your potential revenue. This increase in property value after a renovation is also known as Return on Investment (ROI). Most homeowners are surprised to learn […]
British Columbia’s Latest FinTech Innovation
“The bank said No? — WiiBid is here to help!The problem is that many Canadian homeowners are weary of alternative mortgages and perceive the banks to be the only source of financing. While alternative and private lenders offer higher rates than the banks, they are far more flexible and much faster; especially when the situation demands it. […]