If you do want to assign it, make sure you ask the developer if you are allowed to, if you can list on MLS and what the assignment fee is.jeme3d wrote: ↑Dec 6th, 2017 8:40 amHi there!
I am in GTA and bought a new construction home 2 years ago for my in-laws (living with us in our house now). The new house is expected to close in Feb. 2018 and we will be looking to sell it as our situation has changed. The new house is $1.1 mil and we (myself and my wife) are on the title. What will be the best mortgage product / rate for our situation? Putting 20% down + have HELOC on the existing house $300K at prime + 0.5. So looking for ~$600K mortgage assuming fully qualified.
Mortgage Agent and Real Estate Sales Representative