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How Much is a Down Payment on a House?

Posted on Jun 10, 2020

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What is a Down Payment?
A down payment is the amount of money that you put towards the purchase of a home. The down payment is deducted from the purchase price of your home. Your mortgage loan will cover the rest of the price of the home.

How is a Down Payment Calculated?
The minimum amount you’ll need for your down payment depends on the purchase pri...

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Revised CMHC Guidelines

Posted on Jun 10, 2020

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As you may have heard, CMHC (Canadian Mortgage & Housing Corporation) has announced that they will be changing the eligibility rules for mortgage insurance as of July 1st. Before we get into what this means, please keep in mind that this is an independent decision by the CMHC and not directed by the Canadian Finance Minister. The CMHC is one of thr...

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Real Estate Terminology 101

Posted on Jun 03, 2020

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Thinking of jumping into the real estate market?  Take a minute to familiarize yourself with these terms, every industry has its own jargon, and real estate is no different.

From adjustable-rate mortgages to title insurance to amortization, it can be a bit overwhelming for first-time buyers or those who haven’t moved in a while. But don’t worry—we’ve...

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The Short & Long Term Impact of COVID-19 on Toronto Real Estate

Posted on May 01, 2020

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With no shortage of screen time these days, it’s no doubt you’ve been hit with a tsunami of headlines about how Toronto’s real estate market has taken a bit of a nosedive since the beginning of March and the onset of COVID-19. Yet homes continue to move, begging the question, really, how bad is it out there?

Here are some quick numbers from TREB; as...

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New Mortgage Stress Test and the Impact it Will Have on Your Home Purchase

Posted on Nov 29, 2017


If you have been flirting with the idea of purchasing a new home in the near future, you have undoubtedly heard the words 'stress test.' Stress tests are already mandatory for mortgages in which the down payment is less than 20%, which was initially introduced earlier this year as part of the the Federal Government's attempt to cool the heated hous...

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The Psychology Behind the Stage

Posted on Oct 11, 2017




How good does it feel walking through West Elm amongst a crowd of strangers, visualizing yourself sinking into one of their sofas at the end of a long day or pulling up a chair at a well-appointed dining room table?  This in effect is what we set out to do when staging your home for buyers who will be seeing it for the first time. 

I get it, you love...

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