I paid money to insure my mortgage with CMHC and wonder why?
I have recently relocated from the East Coast to Ontario for work. I am making Ontario my permanent home.
I have a home on the East Coast which I fully renovated so that it would sell easier. But, I am having a hard time selling my home.
What are my options, it is costing me money to carry.
I paid money to insure the mortgage with CMHC and wonder why?
If I drop the price much more I won't cover the mortgage.
I am asking you because I really feel like you know this business best. Can I approach CMHC and tell them that I am losing money because the house is not selling?
My real estate agent says it's the best it ever worked.