Podcast Episode 25: “When Is Your Portable Mortgage Not Portable?”
Explains some of the pitfalls of relying on the portability clause in your mortgage. Why your credit track record doesn’t trump bank policy. Consider making your sale subject to achieving an unconditional purchase.
Download the audio file (Mac control + click + “save as” / PC right click + “save as”) HERE.
The full-text version of this Tale from the Trenches can be found HERE.
Contact Barry McGuire now. Alberta real estate needs an Alberta lawyer.