Province Introduces Legislation to Require Home Energy Audits - 02/25/09 09:26 PM
The provincial government has introduced legislation, Bill 150, the Green Energy Act, which, if passed, would require mandatory home energy audits prior to the sale of a home. This legislation has not yet been passed and is not yet in effect. Under the proposed Green Energy Act, home owners would be required to provide information regarding the home's energy efficiency prior to the sale or lease of the property. Energy efficiency information about the property would have to be determined and provided by standardized methods established by the provincial government. The Province has not yet provided information on these details. The … (1 comments)

What Renovations Yield When You Sell Your Home ! - 02/22/09 09:11 PM
The top three renovations you can do to your home with the highest rate of return are:
Bathrooms (75 - 100% return) Kitchens (75 - 100% return) Interior and exterior painting (50 - 100% return) Other top renovations with a high rate of return are:
Replacing roof shingles (50 - 80%) Replacing the furnace and heating system (50 - 80%) Renovating the basement (50 - 75%) Adding a recreation room (50 - 75%) Installing a fire place (50 - 75%) Up-grading floors (50 - 75%) Building a garage (50 - 75%) Replacing windows and doors (50 - 75%) Building a deck … (0 comments)

Welcome to Canada - 02/16/09 09:23 PM
Owning a home is an important goal for most Canadian families, and a valuable investment in their future financial security. For newcomers to the country, it's also an important step in becoming established here.
But with home prices typically several times higher than a person's annual salary, few people have the cash to purchase a home outright. To buy your home, you'll probably need a mortgage - a long-term loan that uses the home itself as security.
According to government statistics, 34% of all Canadian families currently have a mortgage (Statistics Canada December 2006) and almost all first-time home buyers will … (0 comments)

Power of Sale Properties In Brampton - 02/10/09 04:40 PM
Power of sale Properties currently in Brampton
3 bed                    3 bath                       $167,000 4 bed                    2 bath                       $174,000  3 bed                    2 bath                       $209,000 3 Bed                    3 bath                       $215,900 3 bed                    3 bath                       $247,500 3 bed                    3 bath                       $249,900 4 bed                    4 bath                       $259,900 4 bed                    4 bath                       $279,900 4 bed                    4 bath                       $334,900 3 bed                    3 bath                       $373,000 4 bed                    3 bath                       $387,900 4 bed                    4 bath                       $399,900 5 bed                    5 bath                       $465,000 Call me for the latest updates on Properties on Power of sale, Bank sales or foreclosures in Mississauga or Brampton Area..
My website : www.greatgtahomes.com



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Canada's Economic Action Plan - 02/07/09 08:04 PM
The Government of Canada's proposed Economic Action plan contains new tax measures that may benefit you.
If you are a homeowner, or are planning to become a homeowner, the Action Plan can help.
Support for home renovations.
For a limited time, the new Home Renovation Tax Credit (HRTC) means homeowners could receive up to $1350 in tax relief on renovation expenses. Support for first-time home buyers
An increase to $25000 in the amount you can withdraw from your RRSP under the Home Buyers' Plan to purchase or build first home. A First-Time Home Buyers' Tax Credit that allows you to save up to $750 … (0 comments)

New tax credit for home improvements has a short lifespan - 02/06/09 07:46 PM
Effective 28 Jan 29 through Jan. 31, 2010, homeowners can claim a tax credit for 15 per cent of renovation expenses between $1,000 and $10,000. The maximum tax credit (on $9,000 in renovations) is worth $1,350.

The Home Renovation Tax Credit (HRTC) is designed to get Canadians spending now to help create jobs in industries typically hurt by an economic downturn.
The tax credit would apply to a variety of home improvements, such as renovating a kitchen, bathroom or basement, new carpet or hardwood floors, building an addition, deck, or fence, installing a new furnace, painting the inside or outside of … (0 comments)