Canada House Prices:

Canada House Prices:

Canada House Prices: Correction Would Cost Banks Tens Of Billions
If Canada’s housing market experiences the price correction so many analysts and institutions expect, it won’t just hurt the homeowners who bought overpriced properties. It’ll directly impact Canada’s banks, who would lose tens of billions of dollars with even a modest market correction, says a new report from Fitch.

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Home Appraisals for Sellers

Home Appraisals for Sellers

Home Appraisal for Sellers: The question “How much is it worth?” is subjective, and the answer depends on who you ask.
A seller might think a property is worth more for sentimental reasons.
A buyer might think it’s worth less because of the shape it’s in.
A lender cares only about how much they can sell it for if they end up owning it in foreclosure.
An appraisal will help to establish the market value of a property and the likely sales price it would bring in an open and competitive real estate market. and — How to Get the Most out of a Home Appraisal!
Video is a must watch!

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