Down Payment Assistance for Renters

Are you currenlty renting, and do not have the downpayment to buy a new home?  The City of Windsor has received funds from the federal and provincial government to assist  people with their downpayment requirements.  Provided you qualify, this means you may not have to wait to save for that down payment. The program started on April 1, 2013 and their were 30-40 spots avaialble.  As of April 19,2013 there were only 25 spots remaining.  This is a...

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First-Time Home Buyers’ Tax Credit (HBTC)

  Source From Canada Revenue Agency http://www.cra-arc.gc.ca/gncy/bdgt/2009/fqhbtc-eng.html 1. What is the home buyers’ tax credit (HBTC)? For 2009 and subsequent years, the HBTC is a new non-refundable tax credit, based on an amount of $5,000, for certain home buyers that acquire a qualifying home after January 27, 2009 (i.e., generally means that the closing is after this date). 2. How is the new HBTC calculated? The HBTC is...

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Mortgage Pre Approval

Mortgage Pre-Approval One of the first steps when buying a home is getting pre-qualified for a mortgage. It is important to understand how much of a mortgage you can afford before you begin searching for a home. I work with a selected group of mortgage professionals who are specially qualified to assist you in this area. If you would like to receive the latest rates, and meet with a mortgage professional, please contact me. The following links...

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Frequently Asked Seller Questions

Sellers Frequently Asked Questions: As a seller, you have to understand how the market works, or you risk selling for less than you might have. Here are important questions on the minds of many sellers. Feel free to Contact Us with any others. When’s a good time to sell my home? Should I buy first or sell first? What’s a CMA? What is a FSBO? Do I have to put a For Sale sign on my lawn? Is a public open house really necessary or...

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Frequently Asked Buyer Questions

Buyers Frequently Asked Questions: As a buyer, you have to make sure to know how the market works before you step in, or you risk missing out on the property of your dreams when you find it. Here are the core questions most buyers have. Feel free to send me one of your own. If I’m interested in a property, how can I determine if the list price is fair? How do I know what price to offer for a property? Do I need to have a home inspection...

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Benefits of a Home Inpection

The Benefits of a Home Inspection   For Buyers:   If you’re serious about buying a home, a qualified home inspection is a small investment that offers major returns. The inspection determines the structural and mechanical soundness of the home, and identifies existing and potential problem areas. A standard report by a qualified home inspection company also lists practical suggestions and provides cost estimates for repairs. You...

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Land Transfer Tax Rebate

Land Transfer Tax Refund for First-time Homebuyers Land Transfer Tax applies to all transfers of land in Ontario. First-time homebuyers may be eligible for a refund of all or part of the tax. For transfers where: the agreement of purchase and sale was entered into after December 13, 2007, the refund applies to all homes, whether newly constructed or resale. the agreement of purchase and sale was entered into before December 14, 2007, the refund...

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