Quotes of the Day

If you are buying an older condominium, you should check to see what percentage of the monthly payment is being allocated toward Contingency Reserve Fund, as there is a higher risk of needing to use the fund in older buildings than in new developments. In older buildings, the fund should likely be 25% or more, depending on the circumstances. In most cases you are not entitled to a refund of your contribution to the reserve fund when you sell your unit, or have it calculated on the purchase and sale statement of adjustments. [2006] - Douglas Gray

You can obtain a copy of your credit report for free. The easiest and fastest way is to use Equifax and TransUnion's interactive phone services. You can also download and complete forms from the Equifax and TransUnion websites. You can now get your credit score for free online from fintech (financial technology) companies like Borrowell and Mogo. Best of all, it won't lower your credit score to check. [2017] - Sean Cooper

When you are getting a mortgage, for example, you may wish to have a six-month open mortgage if you think interest rates are decreasing, and then convert it into a three- or five-year closed mortgage when you see that interest rates are heading up. [2006] - Douglas Gray

Customers buy a particular product or service because they feel that it is superior in some way to anything else available. Sometimes it is lower price. Sometimes it is a particular feature or benefit. Sometimes it is because they like the salesperson better than the representative of another company. Sometimes the competitive advantage is that you are the first person who has explained to them how much they could improve their lives or work with your product. [2004] - Brian Tracy

Men typically have lower response rates than women, meaning that they have to write more messages to get one email back. [2013] - Laurie Davis