Blog by Real Estate Power Team

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Mortgage vs Life Insurance

June 10th, 2010

Working in the insurance industry, I have seen too many families being unaware of the dangers of mortgage insurance. Insurance is a complicated topic and the mortgage professionals who sell these products are usually not trained or licensed to sell life insurance. I strongly recommend that you do your homework and deny any insurance offered by your mortgage lender.

The biggest issue with insu ...

Mortgage Insurance

March 2nd, 2010

Harlow Financial knows a thing or two about Insurance. Let one of us share our knowledge with you...

Mortgage Insurance is your option. Don't let the ease of simply adding it to your mortgage without knowing your options be an unfortunate or costly desicion. You have decided to buy your home so why would you rent your mortgage insurance?

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Mortgage Insurance thru a Lender should be Illegal!

May 27th, 2009

Mortgage Insurance through a Lender should be Illegal.

This week I have had to go to bat for a client once again, due to BS coverage called mortgage insurance thru a lender. The unlicensed people having you sign up for coverage with a loan or credit of any sort is not good coverage and in my personal experience most of these people don't have a clue. It is important to get coverage and it can ...

Is Anyone You Know Discussing Home Care?

April 15th, 2009

Care Homes are a hot topic and that's not going to change. What can change is how you can lower the cost of paying for it!

This week I read an interesting article about how the economic slump is resulting in a surge of new activity in the home-care industry. Providers are reporting that Canadians looking for new employment opportunities are interested in starting up home-care franchises. One ...

Say No to Lender Mortgage Insurance

April 2nd, 2009

What is Mortgage Insurance

Mortgage Insurance is offered by most banks and lending institutions. They'll offer it to you when you get a mortgage or refinance and existing one.

It's an insurance policy that pays the lending institution if you, the person listed on the mortgage passes away.

Mortgage Insurance provides a life insuranc eamount equal to your remaining debt. As your mortgage decrea ...

BEWARE of the Wrong Mortgage Insurance

March 19th, 2009

Beware of the Wrong Mortgage Insurance

Harlow Financial, specializes in mortgage insurance. The real life insurance that will cover your mortgage if you pass away. What makes this coverage real? You will be underwritten at the time you apply, not after you pass away. DON'T be fooled by the simple process when you sign mortgage loan documents with your lender. CBC has a video report that is se ...

Mortgage Insurance Explained

February 27th, 2009

With today's markets if you're buying a home for the first time, or refinancing an existing mortgage, you have likely heard of mortgage insurance. Don't rush into buying a policy until you've looked at all the possibilities. Harlow Financial can help save you money and get sufficient insurance coverage at the same time by purchasing a term life insurance policy instead.

What is mortgage life ...

Long Term Care Insurance

December 16th, 2008
This Holiday season some of you may have a concern about a Long Term Care Home move for some of your relatives. Siobhan Harlow of Harlow Financial is a specialist in this area. If you have had any cost concerns Long Term Care insurance is an often unknown option. The earlier a family gets coverage the less it will cost over a lifetime. While you are all together discuss your future and includ ...

Real Estate Markets

December 9th, 2008
 

 

Siobhan Harlow of Harlow Financial is not just a resource for your mortgage insurance and income protection.  I am also a Vancouver financial Advisor.  The Canadian real estate market is entering a cyclical downturn but should avoid the cataclysmic devaluation seen in the U.S., according to economic reports.       

 

The upside to the waning marketplace is that housing affordability is i ...

Tax Free Savings Accounts (TFSA) for your Mortgage

December 2nd, 2008

Tax Free Savings Accounts (TFSA) for your Mortgage

Don’t overlook the creative ways to use your TFSA.  Use it for the greater gain in both investing and tax preferable strategies. Simply opening a savings account at your bank and sheltering minimal interest income is rarely the best option. Placing your higher risk investments in this vehicle can spare your gains from the tax man.  If paying ...

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