Tag Archives: new rules

Bridge Financing – what is it? Do I need it?

Bridge financing refers to a situation where you have to pay for your new house and you haven’t sold your old one, or where you’ve sold the old one but the closing date falls after the closing date for your new … Continue reading

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New Mortgage Rules apply to ALL Buyers

I keep reading news articles about the new mortgage rules that suggest they only apply to buyers who have less than 20% downpayments. (Those are mortgages that are CMHC insured). I asked Cathy Macdonald, an Ottawa mortgage broker, if this … Continue reading

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Home Inspections – big changes coming to Ontario

Good news to hear that Ontario plans on regulating the home inspection industry, and that, among other things, they will be banning the limited liability clauses that appear in so many home inspection contracts. The limited liability clauses appear in … Continue reading

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