Thread: question about selling house in canada....
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Old 08-26-2005, 06:57 PM  
NoCarrier
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Join Date: Mar 2002
Location: Montreal
Posts: 16,356
Quote:
Originally Posted by qwe
why penalty, I will simply increase mortgage, don't it mean more business to the bank ?
Well, you are going to pay off your 1st mortgage faster than usual, most banks will give you a penatly fee.
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