Category Knowledge Base
Helpful information for homeowners about our Home Equity Sharing Agreement (HESA).
Age in Place while Funding Retirement with a Home Equity Sharing Agreement
“Aging in Place” Is Reshaping Retirement Retirement in Canada is changing. For many, it’s no longer just about stopping work. It’s about navigating shifting realities while trying to maintain a comfortable lifestyle. Canadians now believe that they need $1.7 million…
How to Fund Home Care Without Selling Your Home or Taking on Debt
This blog post is provided for informational purposes only and is not advice regarding any financial product or financial planning in retirement. You should consult a certified financial planning professional, such as a Certified Financial Planner or a Qualified Associate…
Your Home Equity: A Guide to Calculating, Building, and Accessing It
Home equity has become a significant asset for many Canadians. Our analysis has found that home equity represents between half and two-thirds of the median homeowner’s net worth in Canada. But unlike traditional financial assets like stocks and bonds, your…
Understanding Fair Market Value Appraisals
What is an FMV appraisal? A fair market value (FMV) appraisal in an unbiased estimate of what a property would sell for in an open and competitive market. An FMV appraisal takes in factors like location, condition and recent comparable…
Your Home’s Capital Stack: The Key to Financial Flexibility
You’ve worked hard for years and your home is likely your most significant asset. It represents dedication, memories and a cornerstone of your financial life. But is that hard-earned equity working as effectively for you as it could be, especially…
Beyond Interest Rates: Hidden Mortgage Loan Features and Their Impact on You
You know about fixed versus variable interest rates but what about the rest of the terms of your mortgage loan? These often-overlooked details can help or hinder your financial flexibility, especially when considering options for secondary financing, like a Home…
From Extra Space to Extra Cash: The GTA Homeowner’s Intro to Basement Suites
A basement suite allows homeowners to transform an under-used space into a valuable asset. Not only can it generate rental income or provide expanded living arrangements for multi-generational families, but it also increases your home’s value and marketability. A finished…
7 Ways To Access Your Home Equity in Canada
Whether you want to retire comfortably, renovate your home, consolidate debt, start a business, help your kids with a down payment on their first home or diversify your investments, the equity in your home could be the key to making…