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September 29, 2017

According to Ann Brill, Principal Broker of Centum Metrocapp Wealth Solutions variable mortgage rates have become less enticing than they have been in the last decade.  The recent uncertainty with interest rates carry more risk than customers can afford.  She believes that with the way government is talking of potentially more increases in October, the sp...

September 28, 2017

WHAT MAKES A HOME ENERGY-EFFICIENT?

An energy evaluation provides useful information that can come in handy for both sellers and buyers. The service includes:

  • A visit by an energy advisor – an energy advisor will evaluate the home’s energy performance from the basement to the attic.

  • Home energy use information – the evaluation provides detailed inf...

September 22, 2017

Government gets serious about helping first-time home buyers

The province of Ontario is moving ahead with plans to address affordability for prospective new home owners in the GTA with the partnership between the Ontario Government and developers The Daniels Corporation and Diamond Corp.

The partnership recently broke ground on lands previously owned by the...

September 21, 2017

The existing housing policy regime in Ontario has not stopped sales activity from intensifying in Toronto, a development that has in turn contributed to sales volume growth on a national basis last month.

According to statistics released last week by the Canadian Real Estate Association (CREA), national home sales rose by 1.3 per cent from July to August...

September 20, 2017

Buying a Home? Get the Facts on HST.

HST does not apply to resale homes TORONTO – March 21, 2011 - Revenue Minister Sophia Aggelonitis and Toronto Real Estate Board President, Bill Johnston, today released a video explaining to prospective buyers the facts about the HST and the housing market. The video highlights the fact that there is no HST on the purch...

September 19, 2017

Hi Folks, just some useful information for you.    

Maybe you’re buying a home for the first time. Or maybe you’re selling your old home to move to something new. Whether buying or selling, you’re involved in an intricate process requiring many specialists. One of these specialists might be a REALTOR®, who’s responsible for making the transaction...

September 18, 2017

Hi folks, here is some information for first time buyers that I think you may be interested in:

  • Mortgage loan insurance: 
    If you are putting less than 20 per cent of the house value down, you're going to need mortgage loan insurance. Depending on the lender, the premium can be added to mortgage payments. 
     

  • Appraisal fee: 
    Lenders typically loa...

September 13, 2017

Great news if you are looking to purchase in the near future! The Government of Canada has been implementing measures to cool the market for the past couple years and it is working.  Despite the fact that the cost of a home in August 2017 was still up 3% from August 2016, economists and Realtors are finally seeing house prices in Toronto return to stable...

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