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rebates: HST rebates on New condo Purchase for Investors - 01/17/12 12:14 PM
David Pylyp: I'm with Shadi Nasseri; A Condominium Law Specialist in Down Town Toronto. Tell me about HST (Harmonized Sales Tax Rebates) Can I get a rebate on the purchase? Shadi Nasseri: When you purchase a new condo in Ontario you have to pay HST on the purchase price. There are however some exceptions to that rule. You can get a rebate of your HST payments, of a certain portion of your HST, if you qualify based on two factors, one, is if you live in the condo yourself, so there's a rebate that applies that you occupy the unit yourself, … (0 comments)

rebates: Land Transfer Taxes; when you buy a condo or house Toronto - 05/05/10 02:58 PM
Toronto and the surrounding area have separate land transfer tax rates.
If you are also first time buyers, you have rebates available to you.
The Ontario Land Transfer Tax applies to all purchases in the Province based on the Purchase Price.
In addition Toronto charges their own Land Transfer Tax.
Click here to open the closing costs calculator.
This Calculator was provided by Stan Gelman to assist you in your real estate transaction. Give Stan Gelman a call on your next real estate transaction.
The fees quoted are for a normal residential purchase transaction up to $550,000. Additional Fees May Apply Purchase … (2 comments)

rebates: Added Value to your Real Estate Transaction - 09/02/09 01:42 PM
Since I originated from a Finance and Business background in the mid 80's, yeah that long ago, I have been using what was called Lotus 123. I used lotus for years and then strangely it just became Excell. For the benefit of my prospects and normal business when buying I will often create this worksheet as an investment summary or answer income to qualify questions. Human nature seems to think in Monthly dollars amounts and not the grand totals. Scribed There are a number of variables here. Interest Rate is calculated by the posted rate weekly, Land Transfer Taxes are variable … (2 comments)

rebates: Is your Mortgage Debt too high? - 12/06/08 09:06 AM
Is your mortgage payment combined with you lifestyle bills restricting your choices? Have your property taxes jumped higer this year? Do you need money for simple things like hockey or piano lessons for your kids?
There may be alternatives for you to re examine how to reduce you total debt repayment thru different lender's programs.
 
Manulife Financial is working very strongly with their Manulife One Program. All you household expenses into one account, secured against the property, to reduce the overall borrowing costs and eliminate debt faster. Track reductions monthly, in your statements and see tangible results instantly.
… (0 comments)

 
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David Pylyp

Toronto, ON

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RE/MAX Realty Specialists Inc.,

Office Phone: (905) 272-3434

Cell Phone: (647) 218-2414

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News, views, rants and commentary about Toronto west Real Estate issues and Local Community events from David Pylyp. Experience is not expensive... It is Priceless!


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