first time buyer information: Mississauga Condo Townhouse
- 07/12/09 01:51 AM
Mississauga Townhouse. Outstanding 3 Bedroom, Daniels Built Townhouse, Hardwood Flooring. Laminate Flooring, 4 Pc Master Ensuite, 3 Pc Bath In Basement, Designer Paint Colours. Walk-Out To Patio. Bbq Included. Surround Sound System In Lower Level Included.Close to schools, transit, Square One Shopping Mall, Heartland Shopping Mall, Go Transit, Highways 401 & 403.
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first time buyer information: Mississauga Real Estate – Meadowvale
- 06/25/09 03:25 PM
The village of Meadowvale became part of Mississauga in 1968. It was developed as a family neighbourhood around a series of trails and parks which connect to 2 man made lakes, Aquitaine and Wayukayne. With established neighbourhoods, schools and infrastructure it remains a popular area of Mississauga for families. New development over the last 5-7 years has pushed the Westerly boundary of Meadowvale over to 9th Line.
The Meadowvale Town Centre at Winston Churchill and Aquitaine is still a popular spot to shop among residents of the area and it also has a terminal for Mississauga Transit attached to (0 comments)
first time buyer information: Is Title Insurance a Substitute for a Survey?
- 05/21/09 06:14 AM
In a word no! Title insurance is no substitute for a survey. It seems to have become somewhat of a common practice in the last few years for newer inexperienced real estate agents to advise clients against the expense of a survey, along with the recommendation to purchase title insurance as a way of safeguarding against any problems that may arise with the property. And at least one title insurance provider has stated in the past that "title insurance diminishes the need for an up to date survey on most properties". What is Title Insurance Unlike other forms of insurance that (3 comments)
first time buyer information: Harmonization or Tax Grab?
- 05/11/09 02:18 PM
The Dalton McGinty government has introduced legislation to implement the harmonization of the Federal Goods and Services Tax (GST) with the Provincial Sales Tax (PST) in 2010. So instead of seeing a 5% GST and an 8% PST on whatever you buy, you will see a combined tax of 13% HST. Sounds harmless...........right? Except some goods and services are now exempt from the 8% Provincial Sales Tax. At present, real estate commissions are not subject to the 8% PST. Neither are home inspections, home and condo appraisals or lawyers fees. All of these will become taxable at the Provincial level in (0 comments)
first time buyer information: Is a Condominium Inspection a Waste of Money?
- 05/04/09 07:54 AM
Most home buyers recognize the wisdom of inserting a conditional provision in their agreement of purchase and sale on a home inspection. Many condominium buyers however have difficulty justifying the cost. Some have even been discouraged from performing an inspection by either their real estate agent or their lawyer citing it to be a waste of money since the Condominium Corporation is responsible for maintenance of common elements.The interior of the condominium unit is the owners responsibility however and whether the building is a new condominium or an older one there may be potential problems lurking that may cost you money (7 comments)
first time buyer information: Mississauga, Toronto Home Prices Will Rise Again
- 03/23/09 01:21 AM
A bold statement to be sure in these dark and gloomy times. However, as author, politician and former Governor General of Canada, Sir John Buchan said "Those who cannot learn from history are doomed to repeat it". So let's look at a little recent history. The 1970's Back in the beginning of the 1970's, Pierre Elliot Trudeau was Prime Minister of Canada and you could buy a house for an average price of $30,000 *. The first big oil price shock happened in 1973-4 and people lined up around the block to gas up their cars. A recession quickly followed. The (2 comments)