Harmonized Sales Tax (HST) in Ontario? - 03/28/09 08:34 AM
The Government of Ontario is exploring the possibility of harmonizing the Provincial Sales Tax (PST) with the federal Goods and Services Tax (GST). This "harmonization" will result in an increase in "professional service" costs -- legal fees, real estate commission, home inspections, etc -- resulting in the current GST going from 5% to the proposed HST of 13%.  This could add up to thousands of dollars in extra closing costs for the consumer.
As a result, the Ontario Real Estate Association (OREA) is asking consumers to voice their opinion and send a letter to their MPP.  Please see letter below and click the link to send … (4 comments)

GREAT Return on Investment (ROI) - 03/28/09 08:26 AM

My husband and his business partner own a Petro Canada gas station in Brantford, Ontario.  The convenience store sells various Lottery tickets, and has sold many winning scratch tickets.  In fact, one customer won $21,000 on a scratch ticket.   Yesterday evening, my husband received a very excited phone call from an employee working at the gas station.  After losing money at the local Brantford Casino, a lady came into the gas station and purchased a $20 scratch ticket.  Guess how much she won...one million dollars!  Just like that!   
That's what I call a great return on investment! 
Have you had … (5 comments)

Financial Services Commission of Ontario - Mortgage Brokerage Suspensions - 03/17/09 05:18 PM
Since February, the Financial Services Commission of Ontario (FSCO) has suspended the licenses of over 100 Mortgage Brokerages for not having errors and omissions insurance.  The purpose of errors and omissions insurance is to protect the professional against legal liability resulting from the professional's negligent act, error or omission.  If your mortgage is through an agent whose brokerage has been shut down or suspended, it is possible your mortgage is no longer being worked on and you may not even know.
FSCO regulates registration of individuals and organizations who conduct business as mortgage brokers under the Mortgage Brokerages, Lenders and Administrators … (0 comments)

Rosedale Village Brampton Adult Lifestyle Community for Adults 50+ - 03/06/09 10:37 AM

Are you an empty-nester looking to down-size your present home?  Are you looking for a safe place to call home, a place that allows you the freedom to enjoy the lifestyle you want with the amenities you desire?
Nestled in Brampton, Rosedale Village Golf & Country Club is a private, secure, gated community that caters to adults 50+.  It's located close to shopping malls, hospital, biking trails, parks, conservation areas, GO and public transit, and major Highways 410, 407, and 401.  Rosedale Village offers homes that compliment your lifestyle...Detached Homes, Semi-Detached, Townhomes, and low-rise Condominiums featuring fantastic layouts and architectural design.  … (0 comments)

Canadians Say NOW is the Time to Buy a Home - 03/05/09 08:46 AM

Opportunity knocks - According to the 16th Annual RBC Homeownership Survey, two-in-three Canadians think it's a buyer's market right now and more than a quarter of Canadians (27 per cent) say they intend to purchase a home over the next two years, up four points from 23 per cent in 2008 - the largest single year increase since 2001. Additionally, almost half (48 per cent) indicate it makes sense to buy a home now versus waiting until next year.
The RBC survey found that younger Canadians are most likely to spark an upsurge in home sales. In the under 35 … (0 comments)

Bank of Canada Cuts Rate (again!) - 03/03/09 03:06 PM
MORE Good news for Homebuyers!! As expected, the Bank of Canada has dropped its key lending rate half a percentage point to a record low of 0.5 percent in its latest move to stimulate the economy. 
Shortly after the announcement, Royal Bank, Bank of Montreal, TD Bank, CIBC and Scotiabank announced that they would cut their prime rates by half a percentage point, in step with the central bank.  The lower prime rate will fall to 2.50 per cent on Wednesday.
The Bank of Canada's next interest rate meeting is April 21, 2009.
 
This rate cut along with the measures … (0 comments)

 
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Sara Kareer RE/MAX LEGACY Realty Inc,Bkg Mississauga Brampton Vaughan Real Estate

Mississauga, ON

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RE/MAX Legacy Realty Inc., Brokerage

Address: Mississauga, Brampton, Oakville, Vaughan, Toronto, Caledon, Mississauga, ON, L5B 2C9

Office Phone: (905) 272-5000

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Sara Kareer is Your Key to Opening New Doors. As a proven marketing professional and negotiator, Sara has the skills to help Buyers and Sellers successfully navigate through a real estate transaction with ease. Sara is a real estate enthusiast who loves to sell homes and is the key to your real estate needs. Call 1-888-973-6290 and tell Sara what you want and watch her deliver! Mississauga Real Estate Brampton Real Estate Oakville Real Estate Vaughan Real Esate Caledon Real Estate Toronto Real Estate


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