It’s no secret that life has shifted dramatically over the past few weeks. If you’re in the middle of purchasing or refinancing a home, you may be wondering if it’s safe to move forward — especially if you need to schedule an in-person meeting.
Things have been changing quickly and in some cases dramatically here in Canada when it comes to closing on a home or refinancing your existing mortgage. But just as quickly as the landscape has been changing so too have the guidelines and practices of others involved in the closing process.
Today we break down some of the changes related to the appraisal process (mandatory for almost all refinances and many purchases in Canada) as well as what to expect on closing day with your lawyer
