Whether you have lived in your home for 1 year or 10, rest assured that there are programs and relief being offered by both the government and the banks. Various financial institutions will be offering measures to homeowners. I encourage you to reach out to your mortgage broker to consider your options in these circumstances. Here are the links to the major financial institutions websites. Check with your city if they are allowing a delay to pay your municipal taxes as well.
COVID-19: Desjardins announces relief measures for personal and business members and clients
COVID-19: National Bank to Offer Support to its Clients
BMO Bank of Montreal
BMO Bank of Montreal Announces Actions to Support the Well-Being of Clients, Team Members, and Communities
Scotiabank announces support for customers, employees and communities impacted by COVID-19
An update on COVID-19 and how we’re ready to help
The economy and real estate in Quebec were thriving and experts are convinced that the current state of affairs will be short lived. Please do not hesitate to contact me in the coming months when things become more clear for a free evaluation of your property.
At all times you can count on my professionalism, integrity, and devotion in supporting your real estate needs. Please do not hesitate to contact me with any and all of your questions.