Author Archives: youroakvillehomecom

Land Transfer Tax

When you buy land, or an interest in land then that purchase is liable for Land Transfer Tax.  The amount owing is dependent on the value of the property and for most purchases  (ie. land with a single family dwelling … Continue reading

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Oakville Real Estate – 2015 First Quarter Report

The first quarter of 2015 has followed on from 2014 with a strong Seller’s market in Oakville. Lack of inventory continues to drive prices up, with the average price of properties sold this quarter being $839,094, up 6.25% on the … Continue reading

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Multiple Offers

Multiple offers have long been a reality in the Toronto real estate market, with sellers holding offers until a certain day in an attempt to create a bidding war.  Over the past 12-18 months this situation has started to become … Continue reading

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Hockey

Here is my second post on the subject of sporting activities available for children in the Oakville, Burlington and Milton areas.  All three towns offer both house league and rep options.  To explain briefly, the house league system allows every … Continue reading

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What to look for when viewing a home.

Top Ten Tips. Take a quick look at the roofs of other houses as you approach the house you are viewing. A typical asphalt shingle roof needs reshingling every 15 years or so. Are the shingles curling or missing? Note … Continue reading

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Renting while saving downpayment to buy?

There are many reasons to rent. If you are renting because you are new to an area and want to check out the different neighbourhoods before purchasing your home, or perhaps you are in a job that has a short … Continue reading

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Roller Hockey

I get a lot of my ideas for posts from chat sites and forums, particularly ones for people looking to immigrate to Canada.  One frequently asked question is about sporting opportunities for children.  So I thought I would do a … Continue reading

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Downpayment for a Mortgage

A question I am regularly asked is “How much money do I need to put down?” This article from the Globe and Mail does a great job explaining the issues and the options available to potential home buyers with limited … Continue reading

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Title Insurance

Title insurance is usually an afterthought for people getting a mortgage. But it’s becoming more of a decision point since so many lenders now require it. The purpose of title insurance is to protect you if there’s a problem with … Continue reading

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Higher Mortgage Rates?

TD Economics published a Special Report on the Canadian mortgage market last month (September 2012). TD says that higher mortgage rates will be necessary to ensure sustainability for the housing market. Click here to read the report.

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