Privacy Policy
Privacy Policy
We understand the power that the Internet holds for changing your life and making things easier for you. These benefits are at risk if people are concerned about their personal privacy. We are committed to providing you with an Internet experience that respects and protects your personal privacy choices and concerns.
In general, we gather information about all of our users collectively. We only use such information anonymously and in the aggregate. This information helps us determine what is most beneficial for our users, and how we can continually create a better overall experience for you.
Email Links
This site provides an email address link located on the Contact Us page so that you may email us directly with any questions or comments you may have. This site reads all messages received and makes efforts to respond promptly.
In addition to replying to your comment or inquiry, we may also file your email for future reference regarding improvements to our website or discard the information. Your personal information is not shared, traded, sold, or exchanged with any third parties without your express permission.
Information Collection and Use
This site is the sole owner of the information collected. We will not sell, share, trade, or rent this information to others in ways different from what is disclosed in this statement.
This site collects information from our users at several different points on our website. We only collect personal information necessary to effectively market and sell the property of sellers, to locate, assess, and qualify properties for buyers, and to otherwise provide professional services to clients and customers.
We do not sell, trade, transfer, rent, or exchange your personal information with anyone.
Free Evaluation Form / Find Your Dream Home
Did You Know? / Free Real Estate Reports
Since this site is a real estate site, we give you the option of requesting free real estate information about real estate properties. Your personal information is stored on our secure database.
We only collect personal information necessary to effectively market and sell the property of sellers, to locate, assess, and qualify properties for buyers, and to otherwise provide professional services to clients and customers.
We do not sell, trade, transfer, rent, or exchange your personal information with anyone.
Personal Information
This site functionality requires or requests users to give us contact information, such as their email address, and personal information, such as their names, addresses, phone numbers, and property details.
The visitor’s contact and personal information is used to contact the visitor when necessary and requested, but is primarily used to collect personal information necessary to effectively market and sell the property of sellers, to locate, assess, and qualify properties for buyers, and to otherwise provide professional services to clients and customers.
We do not sell, trade, transfer, rent, or exchange your personal information with anyone.
We do not disclose information about your individual visits to this site, or personal information that you provide, such as your name, address, email address, telephone number, etc., to any outside parties, except when we believe the law requires it.
Legal Disclaimer
We may disclose personal information when required by law, or in the good-faith belief that such action is necessary in order to conform to the edicts of the law, or comply with a legal process served on our website.
Opt-Out
Users of this site have the option to unsubscribe from our mailing list directly through their accounts. To opt out, please navigate to the Subscription Settings located under My Account.
By disabling the email or SMS notification toggle, you’ll cease to receive notifications associated with the selected options.
Links
This site contains links to other sites. These sites have their own policies and practices with respect to online privacy, and this site cannot be responsible for the privacy practices, or the content, of these websites.
In addition, in certain instances, this site’s advertisers may ask you for personal information. This site cannot be responsible for the privacy practices of its advertisers.
Only certain employees have access to the information you provide us. For example, we impose strict rules on our employees who have access either to the databases that store user information, or to the servers that host our services.
While we cannot guarantee that loss, misuse, or alteration to data will not occur, we try to prevent such unfortunate occurrences.
Notification of Changes
This policy may be revised over time as new features are added to the website. We’ll post those changes so that you’ll always know what information we gather, how we might use that information, and whether we’ll disclose it to anyone.
Please check this site for information about revisions to our privacy policy. We’ll notify you directly if there is a material change in our privacy practices.
We’ll take commercially reasonable measures to obtain written or active email consent from the user if this site is going to use the information collected from the user in a manner different from that stated at the time of collection. We’ll also post the changes in our privacy statement 10 days prior to a change.
Cookies
This website uses the following cookies:
Google Analytics
This cookie allows us to see information on user website activities, including, but not limited to, page views, source, and time spent on websites. The information is depersonalized and is displayed as numbers, meaning it cannot be tracked back to individuals.
This will help to protect your privacy. Using Google Analytics, we can see what content is popular on our website, and strive to give you more of the things you enjoy reading and watching.
Google AdWords
Using Google AdWords code, we’re able to see which pages helped lead to contact form submissions. This allows us to make better use of our paid search budget.
Removal of and Access to Personal Information
We’ll accommodate the deletion of any personal information as soon as reasonably possible.
Should you wish to request erasure of personal data, please submit a written request to Macedo Real Estate Group, addressed to the address listed below. Each request will be validated, and you’ll be required to provide some personal information for security reasons.
Please note that Macedo Real Estate Group has the right to deny a request and provide an explanation as to why each request was denied.
Macedo Real Estate Group
www.MacedoRealEstateGroup.com
110 Weston Road
Toronto, ON M6M0A6
Canada
[email protected]
416-535-5000
Privacy Questions
If you have any questions regarding our privacy policy, please send us an email, and we’ll be pleased to assist.
Royal LePage® Supreme Realty, Brokerage
110 Weston Road
Toronto, ON M6N 0A6
Call 416-535-8000
Text 647-931-5151
Copyright 2026. Macedo Real Estate Group, Danny Macedo, Sales Representative, Anthony Rocco Macedo, Sales Representative, Royal LePage Supreme Realty, Brokerage all rights reserved assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Elite Broker Blogs
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What a Home Appraisal Is and Why It Can Change Your Financing
Why the Appraisal Exists
When you apply for a mortgage, your lender is not lending against the purchase price. They are lending against the property's value as determined by an independent appraiser. The distinction matters because the two numbers are not always the same.
The appraiser's job is to protect the lender. If you default on the mortgage and the lender has to sell the property, they need to know they can recover what they lent. That is the entire purpose of the exercise. It is not a second opinion on whether you are paying a fair price, although it can function as one.
What the Appraiser Actually Does
A licensed appraiser visits the property, measures it, photographs it, and notes its condition, layout, and any significant features or deficiencies. They then compare it to recent sales of similar properties nearby, adjusting for differences in size, age, condition, lot size and location.
The result is a written report with a single number: the appraised value. Your lender uses that number, not the purchase price, to calculate how much they will lend you.
In Ontario, the appraisal is typically ordered by the lender after your offer is accepted. Some lenders use automated valuation models for lower risk transactions and skip the in-person visit entirely. You do not get to choose which method they use.
What Happens When the Appraisal Matches
If the appraised value meets or exceeds the purchase price, nothing changes. Your mortgage proceeds as approved. This is the outcome in most transactions, and when it happens you may never even see the appraisal report.
What Happens When It Comes in Low
If the appraised value is lower than the purchase price, your lender will only lend against the lower number. The practical effect is that you need more cash to close.
Here is the arithmetic. Suppose you are buying at $1,000,000 with 20 per cent down. Your mortgage would be $800,000. If the appraisal comes back at $950,000, the lender will lend 80 per cent of $950,000, which is $760,000. You now need $240,000 to close instead of $200,000. That is $40,000 more than you planned for.
At that point you have several options. You can come up with the additional funds. You can ask the seller to reduce the price to the appraised value, although they are under no obligation to agree. You can try a different lender, since appraisal standards vary. Or, if your offer included a financing condition that has not yet been waived, you can walk away.
If you have already waived your financing condition, walking away means forfeiting your deposit and potentially facing a claim for damages. This is the scenario that catches buyers off guard.
Why Appraisals Come in Low
The most common reason is a competitive offer situation. When several buyers bid on the same property, the winning price can exceed what comparable sales support. The appraiser is not interested in what the market was willing to pay in the heat of the moment. They are interested in what similar properties have actually sold for recently.
Other reasons include limited comparable sales in the area, a property with unusual features that do not add measurable value, or a neighbourhood where prices are changing faster than the comparable data can reflect.
What You Can Do Before It Becomes a Problem
The simplest protection is a financing condition. It gives you the right to walk away if your lender will not fund the purchase for any reason, including a low appraisal. In a competitive market where conditions are being waived, that protection disappears, and you are accepting the appraisal risk along with every other risk.
Before you waive a financing condition, ask your mortgage broker or lender whether they expect any issues with the appraised value at your offer price. They cannot guarantee the result, but they can tell you whether the price is significantly above recent comparables, which is where the risk sits.
If you are buying above asking in a multiple offer situation, build a cushion into your finances. Know exactly how much additional cash you could access if the appraisal comes in $30,000 or $50,000 below your purchase price. If you cannot cover that gap, you may not be in a position to waive the condition.
The Bottom Line
An appraisal is not a formality. It is a valuation that determines how much your lender will actually lend you. Most of the time it confirms what everyone already expects. When it does not, the consequences are financial and immediate. Understanding the process before you make an offer is the point at which you still have choices.
If you have questions about how an appraisal might affect your purchase, or you want to understand what comparable sales say about a property you are considering, call me at 416-560-4983 and I will walk you through it.
Danny Macedo, Macedo Real Estate Group, Royal LePage Supreme Realty, Brokerage.
