The Ultimate Chase: After nearly two years and a hundred homes, a couple lands ‘the one’ Sponsored by CIBC
The buyers: Ari, a 36-year-old healthcare marketer and his wife, Amanda, a 35-year-old lawyer.
The budget: $850,000 to $1 million
The story: When Ari and Amanda started looking for their first home, they assumed they would get what they wanted: a fully detached with a master ensuite and a big yard in the downtown Wallace-Emerson neighbourhood. But the Winnipeg transplants quickly discovered that the Toronto housing market is far more challenging than they imagined. “We realized we couldn’t afford our dream house,” says Amanda. “We had champagne taste on a beer budget.”
Two years, one baby and several compromises later, the couple’s house hunt is finally over. Watch their story in the video above:
It may be difficult finding a home to buy in Toronto, but getting approved to purchase a place just got easier. In May, CIBC introduced its new Hello Home app, allowing home seekers to complete their mortgage from start to finish all on their phone.
Users open the app, take pictures of the necessary documents, upload the images and get assigned a dedicated mortgage specialist, who they can message using the app. That specialist will then call to finalize the deal.
The innovative app and other solutions from CIBC lets you keep up with your busy life so that you can spend less time on mortgage financing and more time finding a perfect home.
This is sponsored content. For more details on CIBC’s Hello Home™ mortgage app, please go to cibc.com