Friday, March 5, 2010


Well we must be real investors now! Financing on the new property has gotten interesting. We are still trying to get CMHC financing so we only have to put down 5%. Everything was looking great until yesterday when they decided that the house was UNDER valued. Isn't that interesting? They are concerned since we got TOO good a deal!

So all in a scramble we got an appraiser in to review the property and get this mortgage secured. But it still looks like we'll be lifting the conditions without a commitment in hand. Yikes!