The good news is that you found the perfect house. The bad news is that you're not the only one. If you have been paying attention to the local real estate market, there is no doubt you have heard stories about listings that have sold for well over asking price with some serious competition. Multiple offers have become a common occurrence in the Toronto market and are something that I am accustomed to dealing with.
Sometimes a dozen or more eager buyers have come to the table. In many cases,...