Tom and Nick Karadza are real estate professionals that are focused on helping real estate investors in the Greater Toronto and Golden Horseshoe areas create income to live life on their terms. They are active real estate investors and in 2008 they launched Rock Star Real Estate Inc., a Canadian real estate brokerage focused exclusively on real estate investments. Together with their team of professionals based in Oakville, ON, Tom and Nick have worked with investors to help acquire over 2 Billion dollars of investment in real estate and implement profitable investing strategies across southern Ontario.
Good video Tom! Going to use this with people who are considering using just banks for mortgages. This video sums it up well!
Thank you for the video, but where I can find Default Ratio and Volume for the mortgage broker?
Hi Anna, you ask them for it. Some will gladly tell you and others will not - if a Broker is doing a lot of business they'll want to share that with you.
I respectfully disagree with your point of view. A lot of the time mortgage brokers direct the client to the financial institution that gives them the highest commission. Also, some banks do not deal with brokers.
I agree with your 2nd opinion comment. People shouldn't rely on a broker to shop for them and should do the shopping themselves to get the best rate. Use a broker if you want, but do not delegate the shopping completely to them. Do your homework and compare the rate he gets you with the rate that you are able to secure through banks. That's my take on it.
Thanks for that Aws. The bottom line is what you said ... doing your own homework and getting multiple opinions is the best. Once you find a banker and a broker that you trust you're investing life because a lot easier.