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Your Real Estate Deposit held ‘In Trust’

Your Real Estate Deposit held ‘In Trust’

Your Real Estate Deposit held ‘In Trust’. We recently had a client enter into a Contract of Purchase and Sale, with the standard subject clauses. The purchase price was $450,000, our the buyers were considered first-time buyers, hoping for 95% financing....
CMHC & Genworth News – Slight Premium Increase

CMHC & Genworth News – Slight Premium Increase

Short Version The latest CMHC news impacts new home buyers only – not current mortgage holders The increase takes effect May 1, 2014 The net impact to the average BC Family purchasing with a 5% down payment is a $5.75 per month payment increase. Based on the median BC...
No changes pending regarding CMHC client premiums

No changes pending regarding CMHC client premiums

[vc_row][vc_column width=”1/1″]Short version; No changes pending regarding CMHC client premiums Headlines easily mislead us Long version; The headline below in last weeks Globe & Mail caught more than a few of my clients attention, prompting needless...