ARCHIVED BLOG POSTS
2009
Perhaps "killed" is an exaggeration but the patient has been severely wounded. In February 2008 the City of Toronto introduced a Land Transfer Tax payable on all Toronto Real Estate sales. This is in addition to the already punishing Provincial Land Transfer Tax. The result has been a crippling e...
02/26/2009
An offer to purchase real estate will usually contain a clause asking the seller to warrant all appliances included in the sale, be in good working order on the day of closing. This warranty usually specifies that it will not extend beyond the closing date. What Do You Do If Appliances Need Repa...
02/24/2009
The changing market in Mississauga Real Estate, Toronto Real Estate or Oakville Ontario Real Estate has led to the realization that you will need the services of an experienced real estate agent if you want or need to sell your Mississauga Condominium, Toronto Condominium or your Oakville Ontario...
02/19/2009
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A couple of new changes introduced by the Canadian government in it's budget recently are sure to please First Time home buyers in Mississauga and Toronto. Under the federal Home Buyers Plan, first-time home buyers will be allowed tax free withdrawals to a limit of $25,000 from registered retirem...
02/18/2009
If you are planning on selling your Mississauga Real Estate, Toronto Real Estate or Oakville On Real Estate in the future, you may be required to perform a mandatory home energy audit if Bill 101 The Home Energy Rating Act 2008, passes into law in the Ontario legislature. Voluntary Home Energy Au...
02/16/2009
Home buyers', including first time home buyers' planning to buy Mississauga Real Estate, Toronto Real Estate or Oakville On Real Estate will face higher costs if Premier McGinty's recent out loud musings of harmonizing the Provincial Sales Tax (PST) with the Federal Goods and Service Tax (GST) co...
02/12/2009
Home Sales To Fall The Canadian Real Estate Association is predicting the number of home sales to fall by almost 17% in 2009. And with that drop comes an expected 8% fall in prices. The CREA expects the biggest declines to take place in Ontario, British Columbia and Alberta. What does This Mean...
02/10/2009
If you are planning to sell Toronto Real Estate or Mississauga Real Estate Premier Dalton McGinty wants you to start paying Provincial Sales Tax on real estate commissions.McGinty mused out loud recently at a press conference that the Province was going to investigate the possibility of harmonizi...
02/10/2009
It wasn't long ago that the Greater Toronto Area real estate market was humming along nicely. For the past 5-7 years prices were rising and when a "for sale" sign appeared it didn't take too long for it to be replaced with a "sold" sign. New Agent or Experienced Agent People from all walks of li...
02/09/2009