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 | | From Bridgette's Desk | | | | | |  | | Record First Quarter Sales | | | | | |  | | Effective April 9, 2010, CMHC is revising the criteria for Self Employed | | | | | |  | | Change Begins With Choice | |
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From Bridgette's Desk |
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From Bridgette's Desk |
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| April is... |
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Record First Quarter Sales |
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Record First Quarter Sales |
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| April 6, 2010 -- Greater Toronto REALTORS® reported 10,430 sales through the Multiple Listing Service® (MLS®) in March, pushing total first quarter 2010 sales to 22,418 - the best result on record under the current Toronto Real Estate Board (TREB) boundaries. The average price for March transactions was $434,696. The average price for the first quarter was $427,948. |
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Effective April 9, 2010, CMHC is revising the criteria |
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Effective April 9, 2010, CMHC is revising the criteria for Self Employed |
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| Effective April 9, 2010, CMHC is revising the Insured Business for self policy as follows : Maximum loan-to-value ( LTV) : * Purchase Transactions 90% ( from 95% LTV). * Refinance Transactions 85% ( from 90% LTV). Eligibility Criteria Changes : * Self Employed borrowers must be able to substantiate that they have experience working in the same field for a minimum of 2 years. |
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Change Begins With Choice |
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Change Begins With Choice |
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| CHANGE BEGINS WITH CHOICE by Jim RohnAny day we wish; we can discipline ourselves to change it all. Any day we wish; we can open the book that will open our mind to new knowledge. Any day we wish; we can start a new activity. |
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| Bridgette Chung | | | Your Real Estate Consultant | | | Sutton Group Summit Realty Inc. Brokerage | |
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