Office: 165 Pretoria Avenue, Ottawa ON. K1S 1X1
Phone: 613.238.2801
Fax: 613.238.4583
email: roberthof@royallepage.ca
Office: 165 Pretoria Avenue, Ottawa ON. K1S 1X1
Phone: 613.238.2801
Fax: 613.238.4583
email: roberthof@royallepage.ca
As a result of further restrictions announced by CMHC, it may be time for sellers to consider offering a seller take back mortgage as a means to entice more potential buyers to their property. It can also lead to tax savings for the seller if they are selling an investment property, However, as the attached article indicates, seller financing is not for everyone and the terms must be clearly specified in any agreement of purchase and sale.
Click here to read the article:
Thanks to Mark Weisleder