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Market Value, Appraised Value, and City Assessed Value Very often when I am in a client’s home discussing their home’s value I am asked the difference between these 3 valuations (Market Value, Appraised Value, and City Assessed Value). “But David … Continue reading
If you have read any of the latest issues of the Globe and Mail, watched the national news on TV or heard any recent press releases from CMHC (the federally regulated mortgage insurance company) you would likely think that we … Continue reading
The Window of Opportunity by David Thompson Very often during the course of the year I will have buyer clients ask me “when is the best time to buy a home?” My answer is, if you are looking to get the … Continue reading
The Science of LTB (Long Term Behavior) Yesterday the Toronto Maple Leafs announced their new head coach, Mike Babcock, to the national media. Babcock has just finished a very successful 10 year run as the head coach of the Detroit … Continue reading
I am passing along this important information courtesy of my friend and mortgage broker Laurie Foster of VERICO One Link Mortgage. What is the difference between 2.44% vs. 2.59% In an effort to provide you with the most accurate up … Continue reading
First of all let me clearly explain what CMHC stands for and what is it exactly. CMHC stands for the Canadian Mortgage and Housing Corporation. CMHC is a Canadian government backed insurer that insures banks against default by mortgage borrowers. … Continue reading