Finance & Mortgage

Advantages of Using a Mortgage Broker

Finding the right home may seem like the hard part of a real estate transaction, but in reality, getting the best financing can be much harder. This is partially because we have so many options nowadays for mortgage loans and so many places to find them. A mortgage broker can often lay out your …

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Understanding Title Insurance

Title Insurance gives homeowners protection should someone else claim a legal interest in their property. It also protects homeowners against loss resulting from pre-existing municipal work orders, survey issues, certificate of location defects, unpaid taxes by previous owners and a number of other covered title risks such as Title Fraud. What is Title Insurance? …

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Toronto Land Transfer Tax

About Toronto Land Transfer Tax On October 23, 2007, Toronto City Council has approved a municipal land transfer tax that will be levied on top of the provincial land transfer tax, which take effects on February 1, 2008. This approves a second land transfer tax, on top of the current provincial land transfer tax, …

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FINTRAC Act Update – Please Show Your ID

What You Need to Know The Financial Transactions and Reports Analysis Centre of Canada, or FINTRAC, collects, analyzes and discloses financial information and intelligence on suspected money laundering and terrorist financing activities. It was created as part of a Canadian government initiative to fight money laundering and terrorist financing, both domestically and internationally. Businesses …

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Tax Free Savings Accounts: 10 things you need to know

Every so often, the government gives you a tax break. It doesn’t happen very often, so it’s all the more reason to take advantage of it when it comes your way. In 2009, Ottawa introduced Tax Free Savings Accounts (TFSAs) and while there has been some recent confusion about the rules, the accounts are …

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When to refinance your mortgage?

 are times when it makes sense to refinance your mortgage. It is however, important to have a clear financial objective in mind to be able to choose the most appropriate loan. Since interest rates are at a 40-year low, switching to a lower rate may save you a lot of money – possibly thousands …

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Arranging your mortgage doesn’t have to be a baffling experience

Buying a home today is an extremely attractive proposition. Interest rates are at their lowest in decades and the housing market is full of homes to suit just about any budget or family requirement. Still, you”ll inevitably have to deal with financing and this will mean taking on a mortgage. Sorting through the numerous …

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Closing Cost When Buying a Home

Don’t forget the closing cost when you buy a home. Despite the low cost of carrying a mortgage these days, you should keep in mind “closing costs” in addition to your down payment for that dream home. These various charges can add up, and for the most part they are all legally required payments …

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Financing FAQs for New Home Buyer

Homeownership Assistance Programs There are some programs and policies in place that will help make buying a little easier. These are listed below. GST / HST rebate for new homes Individuals who buy new or substantially renovated homes may qualify for a rebate of part of the federal GST or HST paid on the …

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  • Compliments of S&V

    Whether you are thinking of buying or selling your home, or are just curious as to real estate values in your neighbourhood, you will want to make sure you talk to a real estate professional who is knowledgeable and familiar with the area.

    We invite you to call Scarlett at (416) 705-5812 or Vlad at (416) 887-9331 for the most up-to-date market information about Markham, Unionville, Richmond Hill, North York and Scarborough.

    We are never too busy for your referral and
    thank you for your trust!!

    Scarlett Li Toronto GTA Realtor Right At Home Realty