Monday, December 14, 2015

Government of Canada Announcement changes to downpayment rules effective February 15, 2016

Greetings from Fabulous Mississauga!

The Government of Canada Announced a change to the downpayment rules effective February 15, 2016

The minimum down payment will remain 5% for any real estate purchase up to $500,000.  Once you are over $500,000, the downpayment must be 10%, but only on the amount exceeding $500,000. 

For example:  If you are purchasing a home for $800,000, you'll need 5% for the first $500,000 and 10% on the remaining $300,000 making the minimum down payment on this purchase $55,000. 

You will still be able to purchase a home up to $1,000,000 with 5% down until February 15th.  Purchases over $1,000,000 still require 20% down.


I hope this finds you Happy and Healthy!
All the Best!
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987

BUS 905-828-3434
FAX 905-828-2829  CELL 416-520-1577
mark@mississauga4sale.com

Mississauga4Sale.com





Thursday, November 05, 2015

Ontario Property Taxes - Estimations - Real Estate Humour

Everyone talks about Location, Location, Location when it comes to Real Estate

There is no doubt that the location of your house will determine it's market value for TAX ESTIMATION, the only EXCEPTION is that it also depends upon who is looking at the value of your home!


Your House As Seen By:





Yourself...



and this is how your house looks from the perspective of



Your Buyer...





and this is how your house looks from the perspective of

Your Lender...







and this is how your house looks from the perspective of

Your Appraiser...







and this is how your house looks from the perspective of

Your Ontario Tax Assessor...



Read more about:Homes for Sale


Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate


Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987

( BUS 905-828-3434
mark@mississauga4sale.com8 Website : Mississauga4Sale.com


Homes for Sale






Tuesday, November 03, 2015

Women as explained by Engineers

WOMEN AS EXPLAINED BY ENGINEERS

Part I




























Part II


Part III





















Part IV

























Part V



































Read more about:Homes for Sale




















Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,










Mark










A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate


Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987

( BUS 905-828-3434
mark@mississauga4sale.com8 Website : Mississauga4Sale.com











Homes for Sale