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buyer information seller information: Torontonians! Participate in HGTV May the Best House Win! - 01/16/12 08:09 PM
May the Best House Win is a new series coming to HGTV fall 2012.
This fun and entertaining series throws open the front doors of four strangers who believe their property is uniquely impressive.
 
Every episode four house proud home owners go head to head in the ultimate open house experience. 
Each proud home owner opens their home to 3 strangers – who will review their home based on décor, comfort and over all hospitality.
After each home is reviewed,  each open house guest awards the home a score they are touring a score out of ten.
The highest scoring … (0 comments)

buyer information seller information: What not to leave behind at closing! - 05/17/11 11:00 AM
Sellers have a tendency to leave what they believe to be "functional" items behind, which they assume may be of use to the new owners.

Items they love to leave:
opened cans of old paint lumber scraps, loose brick construction material used gardening tools compost cleaning supplies large wall mount mirrors historic photos of the property These items often cause post-closing problems, and result in minor dispute from additional removal cost by the new owners. When the offer spells out that all debris must be cleared from storage areas and the property, regardless if it's functional, it implies anything that the existing owner has … (7 comments)

buyer information seller information: Does a home dressed with wallpaper affect future resale price? - 04/04/11 06:42 PM
All trends come and go, but are you falling for wallpaper again? Modern wallpaper now a days can be of different material, can be digitally printed to the design you want, and can even create a texture that's paintable. Wallpaper can offer visual interest to one feature wall for a great effect, or some may choose to dress the entire room for added style.

Unlike paint colours, wallpaper can reflect very personal tastes. For a buyer who doesn't share the same taste as you, undoing the work also requires a lot of effort. Upon resale, does it make sense to remove the wallpaper and paint the walls … (7 comments)

buyer information seller information: With regard to federal income tax regulations, can depreciation be deferred to offset income in a higher income year? - 03/23/11 05:07 PM
Depreciation is deducted annually and may not be accumulated to compensate for higher income years.  Not all capital assets may be depreciated, such as a residence used only for personal use.  In figuring depreciation a theoretical useful life is established.
… (0 comments)

buyer information seller information: Canadian Mortgage Rates for Mar 23-2011 - 03/23/11 12:15 PM
Did you know a 35 year amortization is still available? 
Although the government made changes to mortgage lending - effective March 18th - these changes are for high ratio (insured) mortgages.  With respect to conventional mortgages, financial institutions each reviewed their policies regarding maximum amortization periods.   
The 35 year amortization is available with many prime mortgage lenders if the borrower has 20% equity in the property.  The flexibility of an extended amortization is very important for some borrowers....for example, if they need to keep payments lower initially due to spending on renovations or perhaps reduced income due to maternity leave or … (0 comments)

buyer information seller information: How consumers stay on budget with rising cost of living? - 03/15/11 10:32 AM

According to the Nielson Consumer confidence survey, consumers take action to tighten and stay on budget. Marjority find cost saving by cutting back on gas and electricity use by driving less, and spending less on new clothing to put extra money in their pockets for essential living expenses.
Interesting to observe that only 24% look for better deals on home loans, insurance, credit cards, and only a fraction would cut down on smoking and drinking.
… (0 comments)

buyer information seller information: Mortgage rates are increasing... - 02/08/11 09:48 AM
Several major banks have increased rates on their fixed rate mortgages; however, a few lenders have not posted increases.....if buyers currently do not have rate holds or holds expiring soon, this is the time to set up a 120 day hold. I can connect you to an experienced mortgage representative.
Windows closing on ultra low mortgages: http://www.financialpost.com/news/Window+closing+ultra+mortgage+rates/4239243/story.html#ixzz1DMwQzyWP
… (0 comments)

buyer information seller information: The NEW "How-to" webtv series on corporate and commercial construction - 02/03/11 08:16 PM
A friend in construction management recently launched a new How-To WebTV series: "Building Space" Building Space Episode 1 from mdragnea on Vimeo.
Michael Dragnea, as the show's host, from Executive Building Solutions, takes you behind the scenes of corporate and commercial construction, and touching on everything from space planning and procurement, to design, construction and furniture. The show is designed to be a quick break from our daily schedules with discussions on industry related topics with a touch of comedic relief. Its meant to be fun and entertaining, yet informative. Michael will soon have more industry related content and experts to showcase … (1 comments)

 

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