At today's interest rate, there can't be better time to buy an apartment or house than renting it. If you are interested in considering your options, please call me at 416-558 3538 or send an email.

Remember the Listing Agent, represents the Vendor, so you should also have an Buyer Agent to represent you and protect your interest. It doesn't cost you any thing because the commission is usually paid by the Vender, through his listing agent. The Listing agent is obligated to take care of the Vendor's interest, and not yours, and If you have an Buyer agent, it is his duty to care care of your interest, and search for the properties of your needs.

Why should you hire me as your agent ?

1. Explain you about the Buyer agency relationship.
2. Arrange to fiancially prequalify you with a financial institution that will offer you the best mortgage rate with terms that fit you needs. We we have in-house mortgage agent, will help to find the best mortgage.
3. Understand your needs, and locate all properties within your needs, and make appointments to show the properties you like. and locate the best property for your needs and best value for your money.
4. Do a market analysis on the subject property and assist you in offer pricing strategy.
5. Explain about the cost of purchasing a condominium or house.
6. Prepare the written offers to purchase the properties and carefully choose with all terms and conditions to protect your interest.
7. Negotiate the best price, and advise you about pros and cons of counter offer clauses.
8. Prepare and deliver appropriate notices, and deliver them to the Vendor's Agent.
9. Upon complation of the offer acceptance, deliver all pertinent papers to the Vendor's agent, you, and your attorney.
10. I will accompany you during the home inspection and advise you on the home inspection report.
11. I will make the buying proecess as simple as possible without any hassle.
12. You will never be pressured to buy. I will find you a condominium that you will enjoy and pay a fair market price, will keep searching until you find exactly what you need.
13. As a buyer agent, I will do my best negotiate the best price, and protect your interest.

Costs involved in buying a Condominium or House.

• Legal fees and Disbursements ( approx. $750 - $1,500)
• Land Transfer Tax. (One time property transfer tax payable to Government at the time of closing the Sale)
• Ontario Residential Land Transfer Tax Calculated as follows:
• $0 - $50000 - 0.5 %
  $50.001 - $250,000 - 1.0 %
  $250001 - $400,000 - 1.5 %
  $400,001 and above - 2.0 %
• Toronto City Residental Land Transfer Tax Calculted as follows:
• 0.5% of the amount of the purchase price up to and including $55,000, plus
  1% of the amount of the purchase price between $55,000 and $400,000, plus
  2% of the amount of the purchase price above $400,000
• Please click on the link to calcluate the Land Transfer Tax:
  
• Adjustments. (This refers to the proportionate share of realty taxes, maintanence fee, utilities, deposits, etc.)
  If you buy a new condo from the builder, some builders charge development charges in additon to the purchase price.
  Check with your lawyer before the 10 day cooling period, otherwise you may be surprised with a large adjustment fee.
• Mortgage, Appraiser or documentation fee (most brokers do not charge any fee)
• Home Inspector (approx: $250- $500) for home buyers only.
• Status Certificate (approx. $100) for condo buyers only.
• Moving cost. (Cost varies approx. $65 - $85 per hour).
• Cost of improvements before moving (Painting of your choice, Change the Carpet or Install wood flooring, repairs etc...)
• Telephone, cable hook ups.

CMHC Mortgage Insurance:
Most banks and Lenders require buyers to take CMHC Mortgage insurance if the purchaser has less than 25% down payment. The insurance protects banks and Lenders against any payment defautls by the home Buyers. You can finance upto 95% of the Purchase price of a condo or home using CMHC mortgage insurance.

1. The insurance rates are as follows: (Effective from July 14, 2003)
   Upto and including 65% Mortgage Loan - 0.5%
   Upto and including 75% Mortgage Loan - 0.65%
   Upto and including 80% Mortgage Loan - 1.0%
   Upto and including 85% Mortgage Loan - 1.75%
   Upto and including 90% Mortgage Loan - 2.0%
   Upto and including 95% Mortgage Loan - 2.7% - 2.9%
   Upto and inlcuding 100% Mortgage Loan - 3.1%
   

1. Agency Relationship explained.

2. Buyer Agency Form

Property Listings for Sale.

Please search the properties listed in this website, if you need detailed information or if you would like to see the property, please feel free to call me or send an email. or call me at: 416-558 3538

Thank you and appreicate your business.