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Rebate Blog

How much are first-time homebuyers willing to spend?

#187856790 / gettyimages.com With prices in Canada’s housing market continuously climbing with no end in sight, it’s a hard market to break into for first-time homebuyers. It’s no wonder that the average budget for a hopeful first-time homeowner has increased to $316,000, which is up $16,000 from the average budget last year, according to BMO’s […]

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Don’t be caught off guard by closing costs

You’ve visited dozens of houses and you’ve finally settled on one that you want to put an offer on. It’s a nerve wracking process waiting to see whether the seller accepts your offer and if they do, congratulations you’re now a homeowner! But if there’s one thing you don’t want to be caught unawares is […]

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CMHC tightens mortgage regulations once again

#123140292 / gettyimages.com The Canada Mortgage Housing Corporation recently announced more changes to tighten mortgage lending that will come into effect on May 30. Home buyers looking to purchase a second home will no longer be able to access mortgage insurance, which means you’d need to have a 20 per cent downpayment to purchase the […]

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What green renovations can save you money instantly?

Owning a home is a pricey investment for any homeowner. While HST rebates are one way to get some savings back, if you’ve bought a newly built house or substantially renovated your home, green renovations are a great way to save on housing costs. They can also improve your resale value in the long run. […]

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How to choose the right contractor

#468615269 / gettyimages.com If you’re a homeowner, chances are is that you may have watched HGTV and Mike Holmes’ Holmes on Homes, Holmes Inspection and Make It Right. We’ve all heard horror stories of a homeowner paying a lot of money to a contractor and then receiving shoddy work or in some cases, they run […]

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Get an EnerGuide home evaluation before starting renovations

Becoming a homeowner and owning real estate is a great investment for your future, but it also can have add some heavy costs to your bank account. You find yourself suddenly hit with numerous bills including water, hydro, gas, property taxes, monthly mortgage payments, home insurance and Internet, cable and phone bills. Home renovations can […]

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Your Landlord Is Selling The Property. Can You Be Forced To Move Out?

If your landlord is selling the property you live in, you have certain rights during the transaction, and you have certain responsibilities. Obviously, as a tenant, you’ll have many questions to ask. When will the sale take place? Can I find a similar residence? How long do I have to make a move? Probably the […]

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GST/HST new housing rebate application for owner-built houses

If you’re a property owner filling out a GST/HST new housing rebate application, it’s important to comply with all the guidelines, and provide all the requisite paperwork. You will be using the GST/HST new housing rebate application if you’ve built a brand new house, or if you’ve made a substantial renovation to your house. How […]

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