Land Transfer Tax FAQ

Land Transfer Tax FAQ

Do I have to pay Land Transfer Taxes when I buy a house / condominium? Are there any rebates of exemptions? What is I am a first-time buyer? LAND TRANSFER TAX RULES Generally speaking, the Ontario Land Transfer Tax Act and the Municipal Land Transfer Tax Act of Toronto provide that buyers are obligated to […]

Condominium Status Certificate FAQ

Condominium Status Certificate FAQ

What’s So Important About A Condominium Status Certificate? The purchase of a condominium differs in many regards from the purchase of a house. Condominiums are created by statute and the Declaration, Rules and By-Laws of each condominium differ. Here are some of the questions that you and your agent should be asking each other: Are […]

Mortgage Denied? Financing Advice and Tips

Mortgage Denied? Financing Advice and Tips

What to do when the bank turns you down for a mortgage? With all the lending changes and tightening that have transpired over the past year or more, it’s hard to know whether you will be approved for a mortgage, even if you have a good down payment and your credit is sound. You may […]

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