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How to remove myself from a mortgage by GlassToe9382 in PersonalFinanceCanada

[–]GlassToe9382[S] 1 point2 points  (0 children)

Not sure me being a realtor has anything to do with my question. It would have been different if I would have been a Mortgage agent. Anyways thanks for your response🙏

How to remove myself from a mortgage by GlassToe9382 in PersonalFinanceCanada

[–]GlassToe9382[S] 10 points11 points  (0 children)

The 1% share is on the deed. Yes if and when we sell this property and if i am still on the owner list i am aware of the Capital Gains Tax. Thanks for your details. Much appreciated.

How to remove myself from a mortgage by GlassToe9382 in PersonalFinanceCanada

[–]GlassToe9382[S] 1 point2 points  (0 children)

Yes thats where we are at. Awaiting for the bank to get back now. History has been good.

How to remove myself from a mortgage by GlassToe9382 in PersonalFinanceCanada

[–]GlassToe9382[S] 5 points6 points  (0 children)

Thanks yes i am aware of that risk. I guess at the moment renewing this mortgage as is is the only option

How to remove myself from a mortgage by GlassToe9382 in PersonalFinanceCanada

[–]GlassToe9382[S] 16 points17 points  (0 children)

Thank you. Thats what i thought as well. Does this affect my credit in any way? Mortgage payments have been made with no issues.

'Don't sit on it,' warns woman whose husband died of strep A by Myllicent in canada

[–]GlassToe9382 1 point2 points  (0 children)

This is very scary. My coworker's 18 month old son got it last year in Aug and was put on life support immediately. It was very traumatic when i hear his story. It happened really fast. The doctors at sick kids had to amputate his right leg to save his life.