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, […]
Everybody knows that the COVID-19 Pandemic has had quite an impact on 2020 and will likely continue to do so for the years to come; but what does that mean for traditional mortgages? Well for starters this year more than ever, we saw a shift of traditional shopping from in-store to online, boosting the market […]
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 […]
Looking for a private mortgage but want to make sure you are getting the best rate without spending valuable time shopping around? Look no further – WiiBid is your one-stop-shop! For the first time ever, lenders are bidding on mortgages! With WiiBid you can get “auctioned” rates which means you have a centralized marketplace to […]
“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 […]