Realty with Moe

Realty with Moe I pride myself on providing excellent client services. I service the Halton & Peel area

08/04/2022

Buyers, in a market like this what are important things for you when finding a property?

Staging your home is a marketing tool to get buyers through your door. In a market like this where buyers have many choi...
07/25/2022

Staging your home is a marketing tool to get buyers through your door. In a market like this where buyers have many choices, you have to work to set yours apart from the other properties out there. Consider staging if you plan on selling.

Have you ever wanted a large backyard in a quiet area? 26 Dayfoot Dr is that home for you
07/22/2022

Have you ever wanted a large backyard in a quiet area? 26 Dayfoot Dr is that home for you

07/21/2022

So when buyers are looking to purchase a home or have a place in mind outside of Toronto. Remember the cash on hand that you will need for a home being bought at 900,000 is

$14,475 - Land transfer tax
$65,000 - Downpayment
$3,200 - Lawyer fees, New survey, Home inspection

$82,675 on hand ready for close.

This is a good time for buyers who were waiting for prices to come down

07/21/2022

What is a land transfer tax?

It is a provincial and municipal tax. You pay the provincial tax whenever you acquire anywhere in Ontario. You may the municipal when you acquire in Toronto. So if you purchase a home in Halton, then you pay just the provincial. If you purchase in Toronto, you pay the provincial and municipal

This is a tax buyers have to pay when acquiring a property. It is a series of percentages based on the purchase price of the home.

0.5% on the first 55k
1% on 55.01k - 250k
1.5% on 250.01k - 400k
2% on 400k - 2m
2.5% over 2.001m

So what would the land transfer tax be for a home in the Halton region that is acquired for 900k?

$14,475

If your purchasing a home in Toronto that is 1,020,000 then the LTT and MLTT would be

$33,750

07/21/2022

Buyers!!!

Did you know you can put down as little as 5%!

5% on your first 500k and 10% on anything below 1 million.

So a home listed for 900k, would require
5% of 500k = 25,000
10% of 400k = 40,000

🤯🤯🤯
65,000k down payment for a 900k home

$65,000 for a down payment is insane!!

This helps buyers to put money towards Land Transfer Tax (LTT), fees for home inspection, for a new survey, fees for lawyers etc

07/02/2022

Great Canada’s Day eh! 🇨🇦

I spoke of interest rates in the video I posted. With an expected hike on the 13th of July, what are some things you're ...
06/29/2022

I spoke of interest rates in the video I posted. With an expected hike on the 13th of July, what are some things you're worried about or looking to learn?

I wanted to take the opportunity to introduce myself. My name is Mohammed Hassan, and growing up downtown Toronto seeing...
06/27/2022

I wanted to take the opportunity to introduce myself. My name is Mohammed Hassan, and growing up downtown Toronto seeing buildings surrounding me, I wanted to be able to be apart of a world that seemed so close yet so far away. This is where my dream of becoming a realtor started.

I had the opportunity to attend Humber College and receive my bachelors degree, in Marketing and Finance which combined with my expertise in social media marketing and consumer behaviour, I have gained a strong outlook on the market insights and buying/selling behaviour within Real Estate.

My qualifications have provided me an extensive and individualistic view on the market, allowing me to position both buyers and sellers appropriately and make transactions in their favour.

Address

521 Main Street
Glen Williams, ON
L7G3T1

Alerts

Be the first to know and let us send you an email when Realty with Moe posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category