Real Estate – Homes & Spaces by Ema Dantas

Land Transfer Taxes are part of the costs when one purchases a home in almost every province in Canada. And in Ontario, the City of Toronto has their own land transfer tax.

Double representation or multiple representation in a real estate transaction in layman’s terms means representing but the buyer and seller at the same time, by the same real-estate agent. Most consumers are unaware that all Listing and Buyer Representation Agreements are with the Brokerage, not the individual Realtors (sales representatives/brokers) who work for the Brokerage. Double ending also...

All new home buyers should familiarize themselves with the Tarion warranty.   Tarion formerly known as the Ontario New Home Warranty Program, was created by the Government of Ontario in 1976 to administer the Ontario New Home Warranties Plan Act. Its primary purpose is to protect consumers of new homes by ensuring that builders abide the provincial legislation The level and amounts of compensation...

Why is this important. Covid-19 pandemic has made this essential. But aside from the pandemic and moving forward, it is both a  great way for sellers to limit all those showings to potential buyers that house shop for long periods of time, its a great open to have open houses without all those out on a stroll that have no intention of buying a home, just drop in to see the home and for serious buy...

Real estate is your business and your profession. An email with the agreement of representation should be signed before you start putting all the hard work into looking for a home for a new client buyer – and this should be done as soon as you gather all the <wants and needs> the client is looking for.

Saving money for a home is not easy. Ema talks about 3 ways to consider to save money for a home. --- Buffy The most comfortable comforter on earth. Buffy offers a range of bedding products including the world's softest and coolest comforters, duvet covers, and sheets. They ship for free, don't charge you unless you decide to keep what you ordered, and have free returns if you decide to...

The program was designed and aimed in making it easier for first-time home buyers to buy their first home by lowering monthly mortgage payments. But in reality it is not realistic to those looking to buy a home in Vancouver, GTA, or even the Peel Region and Halton Hills.  Also the fact is that this program is a joint home ownership program with the government and the home buyer.

Ema in her Homes and Spaces series is gives her views on what you should be looking for in Real Estate agent when looking to work with one, when purchasing a home. You want your agent to be your assistant in this process. 

The RRSP Homebuyers Plan (HBP) which allows first-time homebuyers to withdraw up to $25,000 from their RRSP, tax free can be a great way to safe for your downpayment and reap the tax benefits at the same time. --- Buffy The most comfortable comforter on earth. Buffy offers a range of bedding products including the world's softest and coolest comforters, duvet covers, and sheets. They ship for...

Development charges (also called development levies) are fees charged to the developer of any new home or condo by the local municipality.  Developers of course transfer these costs to the home owners – you the buyer. Ema talks about this very important fee.

Why owning a home is a good financial decision

Using a Real Estate Agent – Ema talks talks about the 1st step in using a real estate agent to save big on your next new home build purchase

When is the best time to buy a new built home and other pricing information