Author: realtorvinod

The most activity of your home will be generated when you’ll publish the latest listing, because buyers wait for new listings, and request showings. Buyers have already decided what they want. With a short attention span, the listing wears off after about a month. We should Decide the attractive selling price before the market moves…

Qualifying rate stretch test to every single uninsured home loan Uninsured home loan purchasers should now qualify utilizing another base qualifying rate. The rate will be the more prominent of the five-year benchmark rate distributed by the Bank of Canada OR the moneylender authoritative home loan rate +2.0%. How does this influence the home loan…

Proposed measures to cool off Housing Market In GTA — A 15 % non-resident speculation tax to be imposed on buyers  who are not citizens, permanent residents or Canadian corporations. — Expanded rent control that will apply to all private rental units in Ontario, including those built after 1991, which are currently excluded. — A…

Team Vinod Bansal wishes you all a very very 🎆🎇🎉🎊 Happy New Year 2017 🎊🎉🎇🎆

First-time homebuyers’ break on the land transfer tax will double under a new proposal by the Ontario government, but wealthy purchasers will pay the price once new land transfer rules come into effect Jan. 1, 2017. Under the change, Ontario will double the maximum land transfer tax refund for eligible first-time homebuyers to $4,000. It…