Articles by: Josiah Mwangi

How do real estate commissions work in Canada?

Real estate commissions are paid to real estate agents who are responsible for listing the property or representing the buyer in the transaction. Depending on how a transaction is executed, the commission may be split between the seller and buyer.

How to become a smart financial consumer

If you want to be smart with your money, there are certain actions you can take to help you save more, spend less, and create additional income. Here are the smartest actions you can take to properly manage your finances:

How do escrow accounts work for mortgages?

Quick Links How do escrow accounts work for mortgages? What is an Escrow Account? Types of Escrow Accounts in Real Estate Who Manages the Escrow Account? Frequently asked questions about how do escrow accounts work for mortgages? How do escrow accounts work for mortgages? If you have taken a mortgage loan, there is a chance...

Difference between prime mortgage lenders and private lenders

When buying a new home or commercial real estate property, individuals and businesses use mortgage loans instead of making a single upfront payment. When taking a mortgage loan, borrowers can choose between a mortgage lender and a private lender. A mortgage lender can either be a prime mortgage lender or a subprime mortgage lender, depending on the borrower’s credit score.

How to protect yourself from online financial fraud

As consumers turn to the internet for online shopping, video conferencing, and managing transactions online, there is a high possibility of falling victim to cybercrime. Luckily, you can protect yourself from online fraud by taking certain actions.

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