This Mortgage Could Cost You BIG TIME! 💸 (Total Indebtedness)
There is a clause written in the terms of almost every mortgage that you need to know about, and that is , the “Total Indebtedness” clause.
In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses the total indebtedness clause, what you need to be aware of and what you should consider should you want to take out an additional loan with the same financial institution that holds your mortgage.
#SurreyRealEstate #MortgageTips #TotalIndebtedness
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