Over the years it is becoming more important to not only check your home for Carbon Monoxide but also for Radon Gas. Just like Carbon Monoxide, Radon is odorless and tasteless but it differs in the side effect because if exposed to high levels long term, a person would have a higher risk of developing lung cancer especially smokers. According to Health Canada, Radon Gas is the second leading cause ...
Posted by Rose Lopez-Frometa
on May 8, 2013
The Greater Toronto Area is growing but unfortunately land is getting scarce for new construction so up is where builders are building. There are approximately 80,000 to 100,000 new immigrants every year. According to RealNet Canada Inc., based on those numbers we need approximately 40,000 new homes to be built every year, that is the size of Fredericton, New Brunswick. Looking down ...
Posted by Rose Lopez-Frometa
on February 7, 2013
We have all seen those TV programs whereby they show homeowners do DIY renovations and they are complete disasters. Sure, we are only human after all and we think “wouldn’t it be great to save the money instead of paying the professional contractor to fix…I’m going to do it myself”.
When thinking about it, it all seems so simple until you start the project ...
Posted by Rose Lopez-Frometa
on December 19, 2012
In the Greater Toronto Area, we have seen a steady growth in our real estate market even with a couple of major changes that affected our market place in the last 5 years. One major change was in 2008 which was the additional land transfer tax that buyers paid on properties registered with the Toronto Land Registry Office. Since this is an out of pocket expense, some buyers have steered ...
Posted by Rose Lopez-Frometa
on October 23, 2012
Canada's housing financing rules for government-backed insured mortgages are going to be adjusted once again. Yesterday Jim Flaherty announced that these changes are to help hard working Canadians to not become overextended.
The 4 new measures below will take effect on July 9th, 2012.
Since 2011, the current maximum amortization is 30 years which was ...
Posted by Rose Lopez-Frometa
on June 22, 2012
Turning consumers into clients is no longer effective with traditional marketing. Businesses need to go beyond that with the digital era because customers are attracted to products and services where they can interact by connecting, sharing with others or commenting and by doing so the end result is that they get immediate response.
Moving forward in this decade, social media is proving ...
Posted by Rose Lopez-Frometa
on April 28, 2012
CLICK ON THE VIDEO ABOVE
According to Canada Revenue Agency (CRA), there is help for first time home buyers. The First - Time Home Buyers' Tax Credit is based on $5,000 and will be calculated based on the lowest personal rate for 2011 which is 15%.
In order to qualify, you can not have owned or had ownership in a home in the last ...
Posted by Rose Lopez-Frometa
on March 22, 2012
Let's start by clarifying the word Condominium as some people think it refers to a building. The legal definition is that it is a type or method of ownership. There are low or high rise condominium buildings and there are condominium townhouses. It is important to understand that the buyer is buying ownership to the interior space and all owners will jointly own the exterior and mechanical structures ...
Posted by Rose Lopez-Frometa
on February 19, 2012
Every year we have to trick our brain and body to belive that it is one hour ahead in Spring and one hour behind in Fall in order to have more sunlight. History shows that Benjamin Franklin first suggested DST in 1784 but it wasn't proposed until 1895 by George Vernon Hudson a New Zealand entomologist. It is noted that it wasn't adopted and implemented until the First World ...
Posted by Rose Lopez-Frometa
on October 20, 2011
Below is a great message from The Toronto Real Estate Board. I think we should let the Mayor and the City know how we feel about the Toronto Land Transfer Tax. If you want to voice your opinion go to the website for easy links to say no.
Toronto City Council will soon be making important decisions on how to deal with the City's finances. Mayor Ford and City Council were elected with a clear ...
Posted by Rose Lopez-Frometa
on September 7, 2011