Category: Blog

New Mortgage Marketplace Disrupts Home Financing Industry

New Mortgage Marketplace Disrupts Home Financing Industry

British-Columbia’s Notable News platforms, Burnaby Now News introduces WiiBid as an innovative and disruptive mortgage marketplace in their most recent article statement this March. The piece outlines Wiibid’s overarching goal of providing easy access to the best auctioned mortgage rates, revolutionizing the home financing industry by emphasizing transparency for borrowers in such a creative way […]

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Staging Matters: 7 Tips to make the Best first Impression

Staging Matters: 7 Tips to make the Best first Impression

In a seller’s market, you may ask, is staging relevant? The answer is yes. Selling your home can be challenging because we all form memories of where we lived, and we see it as such a valuable thing. While the right person buying your home will likely love it as much as you did, you […]

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New Mortgage Company Puts the Power in Borrowers’ Hands

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 […]

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Our New Normal Demands Cyber-Secure Solutions

Our New Normal Demands Cyber-Secure Solutions

It is really hard to believe that it has been just over a year since everyone’s lives have been impacted by the pandemic, known as COVID-19. From our daily “normal” routines to the way we work and communicate, more than ever we rely on technology. Video conferencing platforms have become a key component of collaboration […]

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Winning the Bidding Wars in a Red-Hot Market

Winning the Bidding Wars in a Red-Hot Market

The market is the hottest it has been in sometime, due to record breaking mortgage rates and the increase in demand for relocating! Most of us relate when we say that the process of buying a new home can be stressful, and that is especially the case when it’s a seller’s marketing meaning that there […]

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Bidding Wars & Tax Incentives In Real Estate

Bidding Wars & Tax Incentives In Real Estate

When the world changed this time last year, we saw unemployment rates at a low with the decrease in the housing market and mostly every other market. Today, a year later we now see the prices of homes in Canada on an uprise, with many homes going hundreds of thousands of dollars over not only […]

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Are Mortgage Rates Going Up In 2021?

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 […]

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5 Reasons People Are Turning To Private Mortgages In 2021

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 […]

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5 Tips to Get the Best Canadian Mortgage Rates in 2021

5 Tips to Get the Best Canadian Mortgage Rates in 2021

purchase of your life. Shopping for a quality mortgage product is a key ingredient in that journey a choosing the right home starts with choosing the right mortgage. While most mortgage shoppers often feel that getting approved for a mortgage is almost like winning a marathon, at WiiBid, we feel it’s the other way around […]

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Can You Use A Home Equity Loan For Business Projects?

Can You Use A Home Equity Loan For Business Projects?

Whether starting or growing a business, your home equity can provide funding necessary to help ramp up or take your business to the next level. While business loans are restricted in use, home equity loans offer a lot more flexibility on how they can be used for your business. Feb. 1 start date for government […]

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What are the top 3 property types you will find in British Columbia

What are the top 3 property types you will find in British Columbia

There are many different forms of properties in the world anywhere from a bungalow to a castle. In British Columbia these are the three main types of properties you will find; Condominiums (Condos) Townhouses Detached Homes Condominiums A condominium is also known as a condo, is a privately owned resistance within a larger building or […]

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DIY Mortgage Platform Featured In The Georgia Straight!

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 […]

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Private Mortgages Powered By Nobel Prize Winning Theory

Private Mortgages Powered By Nobel Prize Winning Theory

Last year’s Nobel Prize in Economic Sciences was awarded to Paul Milgrom and Robert Wilson who have analyzed the function of auctions and have designed new auction formats that can be implemented for various platforms and products that are deemed challenging to sell traditionally. Well, what is auction theory? Auction theory is a selling model […]

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2021 BC Real Estate Trends – Tips to Succeed in a Seller’s Market

2021 BC Real Estate Trends – Tips to Succeed in a Seller’s Market

There used to be a time when downtown Vancouver was one of the most desired destinations, particularly as the central location for business activities, commercial, nightlife, entertainment, some of the best cousins, bars, and the most popular business hub for the city. With the pandemic at play, downtown living doesn’t seem to have all the […]

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Considering A Private Mortgage? Learn About Their Value!

Considering A Private Mortgage? Learn About Their Value!

Trust me, I get it. Most folks tend to wait around for lower rates, a better deal, or a discounted price. I grew up in a household where waiting just a bit longer was always the safest method when it came to purchasing just about anything. Nonetheless, in the context of mortgage hunting, it may […]

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