72% of Canadian homebuyers rely on licensed professionals to secure financing for their property purchases. This surprising statistic highlights the growing role of intermediaries in navigating today’s competitive real estate markets. Unlike traditional bank lenders, these specialists connect borrowers with tailored solutions from multiple institutions. Licensed professionals at Mark Verzyl Real Estate...
Real Estate Financing
Over 47% of Canadian real estate investors have used alternative funding solutions to secure properties faster than traditional lenders allow. This trend highlights the growing role of asset-backed financing in competitive markets where timing often determines success. These short-term lending options prioritize collateral value over credit scores, making them ideal for time-sensitive transactions....
Navigating real estate transactions requires understanding critical contract clauses. One such provision, often called a financing contingency, safeguards buyers if they can’t secure a loan. This clause lets buyers exit a deal without losing their earnest money deposit, making it vital in competitive markets like Calgary. Mark Verzyl Real Estate emphasizes that these terms create clear timelines for...