Real Estate Ontario The 21st Century Way To Build Equity - Real-Estate London, Toronto, Montreal, Vancouver, Canada buy house, sell house , rent a house

Here to stay and firmly established in the U.S. mortgage market, biweekly mortgage payments are gaining momentum. First introduced into the U.S. in the early 1980's by several small Northeastern Banks, the idea of biweekly mortgages has its origins in Canada.

This concept soon became the popular choice nationally within less than a decade after it's arrival placing the biweekly payment plan in the forefront of Canada's mortgage industry around 1972 for several good reasons. Consider the following:

1. Most people are paid weekly or biweekly, therefore, it is reasonable to have as an option "biweekly mortgage payments".

2. On a biweekly mortgage payment schedule, one half of a loan's monthly payment is made and credited to the account holder every two weeks. This is equivalent to making 13 monthly payments instead of the usual 12 monthly payments reducing the loan's payoff time.

3. Faster accumulation of equity build up of up to 300%, plus a reduction in interest owed on the loan due to your prepayment is the result of using a biweekly payment schedule; that's without any increase to your monthly output. In other words, you'll get more value per dollar and save thousands as well; as much as 25% to 30% in interest over the life of the loan.

Combine the benefits of a biweekly payment schedule with a union between an Electronic Funds Transfer (EFT) mode of account servicing that is governed by Regulation "E" of the Federal Reserve to a plug into the internet and you will find a super-efficient, safe, consumer-friendly method of paying a monthly obligation that won't take a huge bite from one paycheck. It doesn't take nuclear physicists to understand why this type of arrangement is frequently referred to as the "Common Sense Mortgage".

Now that there's breathing room because money has been "freed-up" and also saved by using a service such as this, go on an excursion for some sunshine, sand and surf, have dinner at a five-star restaurant, or better still, invest in your financial future. It's your money. Once you've tried this equity acceleration program (EAP) for yourself, you'll realize its value.

With more available choices, creating enjoyable lifestyles and looking out for your family's financial well being is easier today than it ever has been. The bad news is that time is not on you side with a standard monthly mortgage payment on a 30 year loan. As a matter of fact, you are not getting the most for your money. The good news is that help is here; the technology does exists giving consumers unparalleled conveniences plus an advantaged boost.

Better Business Bureau (BBB) member, Bridgeco Central (BCC) is a distributor and national service provider in the U.S. of the on-line resource the Mortgage Manager Hi-Tech Mortgage Payment Service. To obtain an application to apply for the biweekly payment service at no cost visit http://www.eMortgageManager.net. A password-protected mortgage-auditing program is also included at no cost to the consumer after 6 months of using the service.

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TORONTO, ONTARIO-- - Canadian Real Estate Investment Trust today announced results for the fourth quarter and for the year ended December 31, 2011.For the three months ended December 31, 2011, CREIT reported Funds from Operations of $0.62 per Unit compared to $0.58 per Unit for the same period in 2010, ...

TORONTO, ONTARIO-- - RioCan Real Estate Investment Trust -HIGHLIGHTS for 2011:All figures in Canadian dollars unless otherwise noted. RioCan's results are in accordance with International Financial Reporting ...

Partners Real Estate Investment Trust Announces Closing of Four Previously Announced Acquisitions of Five Properties in Ontario and One Property in Alberta

TORONTO, ONTARIO-- - InnVest Real Estate Investment Trust announced today that a distribution of $0.0333 per stapled unit, payable on March 15, 2012, has been declared to the holders of record as at the close of business February 29, 2012. The distribution is $0.0333 per unit of InnVest Real Estate Investment ...

TORONTO, ONTARIO-- - Allied Properties REIT announced today that the Trustees of the REIT have declared a distribution of $0.11 per unit for the month of February, 2012, representing $1.32 per unit on an annualized basis. The distribution will be payable on March 15, 2012, to unitholders of record as ...

TORONTO, ONTARIO-- - RioCan Real Estate Investment Trust today announced a distribution of 11.5 cents per unit for the month of February. The distribution will be payable on March 7, 2012 to unitholders ...

Commercial real estate brokerage firm triumphs over hundreds of applicants to win premier business award sponsored by Deloitte, CIBC, National Post, Queen's School of BusinessTORONTO, Feb. 21, 2012 /PRNewswire/ ...

TORONTO, ONTARIO-- - Allied Properties REIT announced today that it has closed the acquisition of the following properties: Total Office Retail Address GLA GLA GLA Parking Spaces----------------------------------------------------------------------------Leeson and Lineham Block, Calgary 30,481 25 ...

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The 21st Century Way To Build Equity

London Ontario Real Estate Information