Quote:
Originally Posted by punkwax
If you decide to keep your home and your mortgage is up, why not borrow a little more against the equity in your home, rather than cash out some RRSP? Sounds like you'll still be in the black from renting..
I am not a financial advisor, but I would definitely discuss this option with the bank as well before deciding.
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that's a good idea, i'll look into it...not sure what the long term "cost" would be for say $30K....i guess just the mortgage rate? ie 2.7% for the year? i think i can get a line of credit for less, i'll have to check. it will be a short work year for me (approx 3 months total) so i think the RRSP's might be a better option???
as for the cancellation...$250 to cover fees/photographer and I'm all done.....i was happy it's only that and was expecting much more especially after reading the clause you refered to. we both signed the cancellation form. she knows she'll be my first call when/if i come home to sell and buy another propety