Posts belonging to Category Real Estate

HST IS COMING JULY 1, 2010

The harmonized sales tax will combine the eight percent provincial sales tax with the five percent federal goods and services tax(GST) to create a single 13 percent harmonized sales tax (HST). The Ontario HST is scheduled to take effect July 1, 2010. The following items in real estate will be subject to HST: Commissions, legal fees, inspections […]

Tips for home-buyers

Here are some tips for home-buyers in Ontario. Make Bi-weekly or weekly payments: Most mortgages have the option to allow payments to be made on a weekly or bi-weekly basis. This option may be desirable for two reasons. The first is it can save you money as you can expect to pay off your mortgage […]