Jun 182012
 
10 closing costs to be aware of when buying a home

Know your closing costs. Knowing your closing costs, or a very good estimate, is of great importance when budgeting for your home purchase.  Here are 10 to consider; Home inspection. An inspection can help make you aware of issues related to a house’s structure and systems, such as plumbing and electrical, and recommended or necessary … Continue Reading

Apr 202012
 
Land Transfer Tax Refunds

First-time home buyers may save up to $2,000.00 First time home buyers who meet the following eligibility requirements may be funded up to $2,000 of their Land Transfer Tax payment. The purchaser must occupy the home as his or her principal residence no later than nine months after the date of the conveyance or disposition. … Continue Reading

Apr 192012
 
Home Buyer's Plan

The Home Buyer’s Plan is not new! But it does bear repeating.   Did you know that you can withdraw up to $25,000 from  your registered retirement plan? The Home Buyers’ Plan (HBP) is a program that allows you to withdraw funds from your registered retirement savings plan (RRSPs) to buy or build a qualifying home … Continue Reading

Feb 282012
 
Price Reductions and Time on the Market

How long has it been on the market?  This is a question many buyers ask. The thought behind it is often one of two things. Either there’s something wrong with the home or the price is too high. Both of these notions may need clarification. Let’s deal with the first thought. Home buyers need to … Continue Reading