Are Sellers Offering Special Mortgage Terms To Buyers?
Toronto Realty Blog
AUGUST 25, 2023
In one of our company meetings, an agent was announcing a listing he had and he said to the group, “…and the seller is willing to take back a mortgage if anybody has a buyer who’s interested.” “Vendor take-back mortgages were the norm back in the early-1980’s,” one long-time agent said.
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