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Full disclosure in bidding wars?

Saturday Feb 02nd, 2019

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Ontario is considering allowing realtors to tell prospective home buyers the prices of other offers in bidding wars. The government launched a consultation Thursday looking at the Real Estate and Business Brokers Act, and that’s one rule they’re looking at changing. Currently, if there are multiple bids on a home, the seller’s broker can only disclose the number of competing offers, but not the details of... [read more]

THE HOT FALL REAL ESTATE MARKET IS COMING!!

Sunday Aug 26th, 2018

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If you are thinking of taking advantage of the busy Fall Real Estate market, now is the time to prepare. We are here to assist you with your needs. We have been selling Real Estate in Durham & Toronto for 28 years. We are Fulltime professional Realtors. We will be happy to sassist you in preparing yopur home, establishing a market price & discussing our successful marketing plan. Call Bonnie & Paul Jones 416-578-9622. [read more]

MORTGAGE INSURANCE

Friday Nov 04th, 2016

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Did you know that when you are ready to purchase a property you will hear the word insurance, over and over again.  Mortgage Insurance, Life Insurance, House Insurance Who do you know that has no idea why they have to pay for mortgage insurance, when they’re buying a property with less than a 20% down payment. The reason buyers pay mortgage insurance is to protect the lenders money.  Yes that’s right, buyers pay to insure the lenders money.  If the Buyer,... [read more]

Tax on your Principal Residence?

Friday Mar 31st, 2017

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Principal Residence Exemption For the 70% of Canadians who own a home, it is a place to live, raise a family, and connects them to their community. Due to Canada’s tax system’s Principal Residence Exemption, when we sell our homes, any increased value or “capital gains” are not taxed. This tax break matters to Canadian homeowners. Collectively, we have about $3 trillion in home equity and our homes are often our largest financial asset. However, starting... [read more]

Pickering is one of top 10

Friday Apr 21st, 2017

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Pickering has been named one of the top North American cities of the future by fDi magazine for 2017/2018. fDi shortlisted more than 421 locations across North and South American in five categories: economic potential; business friendliness; human capital and lifestyle; cost effectiveness; and connectivity. The City of Pickering was ranked in the top 10 among micro cities, placing fourth for connectivity and sixth for business friendliness. Pickering was also recently named one... [read more]

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