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Ontario Mortgage Professional reveals What happens if a sold property is damaged before the deal clo

6 Views· 12 Nov 2022

⁣Ok, today we are going to talk about what happens if a property gets damaged before the closing date… This is a nightmare scenario. You list your home, a buyer signs a sales contract, but before the deal closes, there’s a fire or other serious damage to the property. What happens then? The short answer is it’s complicated. Many factors affect how this situation plays out. Here’s what you need to know…⁣ If you are looking for a top-notch mortgage professional in Toronto call us at, (866) 492-4024.

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