Stacie Thompson - Own In Toronto - Real Estate Insight

Fun packed weekend. Supporting Truman in his Ride to Conquer Cancer - that boy chewed through 100kms of pavement in record time. Followed up with a day at the Canadian Open.

🤷‍♂️ Is It Right for You?
✅ Pros: No monthly payments, stay in your home, help loved ones
❌ Cons: High interest, potential inheritance issues, limited borrowing power later
🏡 Thinking about gifting a down payment? Let’s chat about the best strategy!

🏠💸 A reverse mortgage might sound great—until market shifts leave you with a growing loan and less equity than expected.
📢 Before signing anything, consider other options like a HELOC or downsizing.
We can provide you with a clear understanding of your homes value to see where you stand.

Bad news? If you burn through your home equity too soon, your golden years could turn into a financial scramble.
Reverse mortgages can be helpful—but only if planned wisely!
Let us help you make the right choices with your real estate.

💖 Want to Help Your Kids Buy a Home?
Many parents & grandparents prefer to see their loved ones benefit now rather than leaving an inheritance later. A down payment gift can be life-changing!
But… is a reverse mortgage the best way? 🤨
📍 New blog post - check it out!

💰 REVERSE MORTGAGE = PRICEY BORROWING
Did you know reverse mortgage rates are currently 6.49%-6.69%—almost 2% higher than traditional mortgages? Over time, this could eat up your home equity.
❓ Before gifting that down payment, weigh the costs carefully!
📍 Read more on our blog

SMART MOVE OR RISKY GAMBLE?
🏡 More seniors are using reverse mortgages to help their kids buy a home. But is it a golden opportunity or a financial trap? 🤔 Let’s break it down!
📍 Read more on our blog.

Day 1 - Formula 1 Race Day - every where you turn

Our ghost cat is now an angel. Smudge, our halo of fluffy white and bunny soft who came into our lives because Truman cared about a cat that had a urinary disease. Smudge found his people and lived a full 18 years despite the disease. Our proper gentleman will be forever in our hearts and we thank him for the opportunity to share his life with us.

When you place a macron order for a bridal shower and the theme is celestial nights - you get four fabulous flavours all designed differently. Thank you for the highlight of the dessert table. You are truly the best there is!!!!