Sold!
Perhaps I blogged too soon about receiving an offer on our place. But I can now say that the buyers have removed their subjects. The deal is now firm and the place is now sold!
We got an offer!
After 5 months on the market and a really slow summer, we have our first offer.Â
Offer comes in for 97.7% of our asking price, we countered up to 98.4%, they counter-countered back down to 97.9%. We accepted their offer. We really don’t want to let this one go.
It looks like the buyers are in a [...]
Canadian mortgage rates just went up
This past Tuesday, the Bank of Canada decided to keep their overnight rate unchanged at 3% despite analyst expectations of a 25-basis-point cut to help stimulate our economy. It seems the BoC now has its sights set on fighting inflation. How does this affect mortgage rates?
Our home is on the market
We’ve been looking to move to a bigger home recently and finally we’ve taken the first step: listing our current property. Our property has many things going for it: close to amenities, close to public transit, has an attached garage instead of a parkade, has a relatively low monthly strata fee. I’m confident [...]
