Category: Buyers

First Time Buyers

The overall process of purchasing your first home can bring about numerous emotions ranging from excitement to stress, anxiety to comfort. Here are my recommendations to anyone thinking about buying a condo or home for the first time. 1. ARE YOU IN THE MARKET OR JUST BROWSING? This is not a decision to be made […]

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Buying a Home (What you need to know)

Making an Offer When it comes time to make an offer you will require current market information and assistance in drafting your offer. You will need a Real Estate Professional. A Real Estate Professional will communicate your Offer to Purchase to the seller, or the seller’s representative, on your behalf. Sometimes there may be more […]

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Mortgage 101

First Time Home Buyer? Existing Mortgagor Re-Financing? Seller? Securing a mortgage is often the most stressful time for home buyers. After all, securing financing can be one of the most critical factors in achieving your goal of purchasing your dream home. Not to worry, your Real Estate Sales Representative is not only trained in the […]

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Land Transfer Tax Rebates (Provincial and Toronto) Program

First-time buyers of new and re-sale homes are eligible to receive rebates of the provincial and Toronto land transfer taxes. The maximum provincial land transfer tax (LTT) rebate for first-time buyers is $2,000 and the maximum Toronto LTT rebate for first time buyers is $3,725. A FULL rebate of the Toronto land transfer tax is […]

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Buy vs. Rent

1. How often do you expect to move in the future? More than once a year Once every two years Not for at least 5 years. If you expect to be moving a lot (every couple of years or more) then you probably shouldn’t buy your own home. Every time you buy or sell a […]

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Buying Pre Construction

FOUR PHASES IN BUYING NEW CONDOMINIUMS: Pre-construction Phase Construction Phase Interim Occupancy Period Title Transfer (Final Closing) DEPOSITS held “in trust” by developer’s lawyer deposits are fully insured interest is paid from date of deposit to occupancy at Act prescribed rate NSF cheques are subject to administrative fees TITLE Can be assigned to immediate family […]

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