About Us

Geo Mortgage and Realty Limited

Geo Mortgage and Realty is a one-stop shop for all your real estate and mortgage needs. Just imagine being able to find your dream home or business and the financial assistance you need to make it yours! Browse our site, including all the helpful items in the left hand menu, then give us a call. We'll meet you at your convenience 24-7.

We are an approved agent for Wells Fargo, one of the world's largest lenders. In addition, Geo Mortgage has access to a wide spectrum of banks, trust companies and other lenders across Canada. Contact us today and we'll match you up with the right group for your needs.


Geo Stakers Exchange

Geo Stakers Exchange is a division of Geo Mortgage and Realty Limited

Geo Stakers Exchange is an exciting new forum for the sale and purchase of mining claims, mines and mining equipment, mining properties, employment and so much more. Each listing provides a property overview, location and contact information.

Our contacts within the mining community are vast.  Listing with Geo Stakers Exchange insure that your listing(s) will be seen by the companies and individuals who are most in need of your product or service.

We send out emails directly to those in the mining community highlighting new listings and directing viewers to our exchange site.

We are young, wach us grow!

Mr. Lauri Kangas, Broker of Record

Mr. Kangas made a successful career change from a secondary school geography specialist to a Real Estate Broker when he was in his mid thirties.   Lauri has alway been a leader in innovative thinking.  He was the first person in the Toronto area to convert an existing apartment building into a condominium.  He has converted many properties over the years; apartments into co-ops and raw land into subdivisions, to name a few. 
He says 'Selling Real Estate is much like teaching.  Buyers often need instruction as to how to make the best buy or sell.'
Lauri has recently expanded into the Mortgage Brokerage business while maintaining his current Real Estate Brokerage.  His years of experience in the GTA Real Estate Market and his knowledge on mortgage services make him the obvious choice for all your buying and selling needs.   

Real Estate Options

An option is a simple concept.  You pay for the right to buy something within a certain price with certain terms.  But you have no obligation to follow through and buy it. Example of a Simple Real Estate Option Suppose you want to build a home on a piece of land that is for sale for $52,000, but you are not sure you'll be able to.  Since you don't want to lose the opportunity to build on this particular piece of land, you decide to try to "tie it up" with an option.  You tell the seller you might want to buy it for full price, but you are not sure about your financing yet. You explain that if he will give you an option to buy it at $52,000 within the next six months, you're willing to pay an option fee of $1,000.  You don't have to buy it, but if you don't buy it within those six months, he gets to keep the $1,000 - and presumable sell it to somebody else.  If you do buy it he gests his full price plus that $1,000 (although sometimes the contract is written so that the option fee apples towards the purchase price). Now lets go one step further with this example.  You add "or my assigns," "or assigns" or something similar (ask an attorney) after your name on the contract.  This means that if you can't buy the property, you can assign the option to somebody else, and they can buy the property according to the terms of the contract.  In other words, they can take your place in the deal.  You can assign it for a fee to someone, and maybe get your $1,000 back.