Agent Blogs

Mar 26
2010
What closing costs should I be aware of?
Blog posted by Michael Abrams  :  Views (212)  :  ( comments)
Generally speaking, your combined closing costs represent between 3% and 4% of the purchase price. Closing costs are the expenses in addition to the purchase price of the property. Closing costs will vary by city, and are often linked to the price of the home. Below you will find a brief... [ more ]
Feb 22
2010
How will the HST affect my home purchase/sale?
Blog posted by Michael Abrams  :  Views (1091)  :  ( comments)
On July 1, 2010, the Ontario government is set to introduce a federally administered Harmonized Sales Tax (HST) that will apply to most purchases and transactions. The HST will apply to newly constructed homes, but will not apply to resale homes. Buyers of new homes will receive a rebate of up... [ more ]
Feb 22
2010
What is Land Transfer Tax and how much will it be?
Blog posted by Michael Abrams  :  Views (569)  :  ( comments)
What is Land Transfer Tax and how much will it be? If you are buying a property in Ontario be prepared to pay the Ontario Land Transfer Tax.   Land Transfer Tax is collected by the Ontario government on virtually all real estate purchases in Ontario.  The formula for calculating... [ more ]