Real Estate is said to be very busy in the first half in 2010.
Reasons are that the interest rates most likely will go up, they most likely will not continue to be at this record low.
Second reason is the implementation of the HST starting July 2010
For the average Ontario home priced at around $ 300,000.00 the HST will add around $ 1500.00 to closing costs.
If you think you should wait a little ...
Posted by Marcus Kallweit
on February 5, 2010
There are a few financial details every first time buyer needs to know:
A temporary home renovation tax credit is available for home renovations and alteration projects begun and completed before Feb. 2010. The credit applies to expenses between $ 1,000 and 10,000 (max. tax credit will be $ 1,350)
Change to the first time home buyer 'RRSP' plans with increase withdrawal limit to $ 25,000 form $ ...
Posted by Marcus Kallweit
on October 3, 2009
I am a very strong believer in Title insurance, not only if you buying a new home.
Over the last years, fraud has become a increasingly a huge issue. Even so, you have done nothing wrong, suddenly a 2 nd mortgage appears on your title, and you can prove that it is not yours..............you will pay a lawyer to sort the problem out. Title insurance is much cheaper in that case. Talk to your ...
Posted by Marcus Kallweit
on September 11, 2009