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OUR TOP 5 TIPS FOR HOMEBUYER’S

Mar 28, 2017
No matter how you cut it or which angle you approach it, Toronto real estate is a seller’s market and has been for [more]
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DRAMATIC SHIFT IN MORTGAGE UNDERWRITING

Feb 22, 2017
Currently we are in a kind of market that even the most seasoned of Realtors has never seen.  The last sellers’ mar [more]
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WHAT DOES IT MEAN AND HOW DOES IT AFFECT YOU?

Nov 16, 2016
Many are concerned after a major shift in mortgage rules was announced by the federal government in October, drivin [more]
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WHAT ARE CLOSING COSTS?

Jun 02, 2016
Closing costs are the fees paid when a property changes hands, from the seller to the buyer. Closing costs include (but are not limited to): Legal fees Brokerage commission (when selling) Property sur [more]
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WHAT IS A POWER OF SALE?

May 22, 2016
In a Power of Sale (POS), the financial institution that holds the mortgage has taken over the sale of the property, as the current owner has failed to meet his repayment obligations. Powers of Sale a [more]
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WHAT’S THE DIFFERENCE BETWEEN A CONVENTIONAL MORTGAGE AND A HIGH RATIO MORTGAGE?

May 12, 2016
Conventional mortgage is the most common mortgage type. It requires the home buyer to put down at least 20% of the purchase price as down payment. As an alternative, a high ratio mortgage is useful fo [more]
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WHAT ARE THE BENEFITS OF A VENDOR TAKE BACK MORTGAGE?

Mar 03, 2016
A Vendor Take Back Mortgage (also referred to as a “VTB”) is a private mortgage funded by the seller or vendor of the property. They are offered when the potential buyer of a property:  (1) does not h [more]
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