How New CMHC Rules Help Buyers Afford Bigger Homes

Starting this fall and in effect as of September 28th, 2015, CMHC plans to change the rules for buyers to allow them to include projected income from secondary suites when they apply for a loan. "CMHC will consider up to 100 per cent of gross rental income from a two-unit owner-occupied property that is the subject of a loan application submitted for insurance," the new rules state. 

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When is Narrowcasting Better than Broadcasting in Real Estate ?

Broadcasting is an assumed par for the course when presenting a new property for sale in Toronto. According to many in the industry, the only way to sell is to market aggressively out of the gate, through low pricing, extensive staging, and broadcasting widely. The logic follows that the more eyes there are on the property, the more likely it will be sold for top dollar. This is a fair assumption and witnessed daily in Toronto's fast paced, seller's market. This method works well for many properties ... except for when it doesn't.

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The Beauty of Special Orders

She hired me because she appreciated my utter commitment to the process - make that HER process. She had a hunch that my diligent, patient and empathetic handling of her move was a rare thing to find. As I intuited my way to help her daily, distilling her next best steps, she was repeatedly reminded that she had made the right choice.

Perhaps you didn’t know that your real estate deal could be special ordered? Well ... you do now. 

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