Margaret Uznanska, Buying real estate, Hamilton, Ancaster, Dundas, Stoney Creek, Burlington, Homes for sale, MLS, Royal LePage, Sales Representative

STEPS I WILL TAKE TO FIND THE PERFECT HOME FOR YOU

Discuss agency relationships (who is working for who?)
Determine your wants and needs by asking you a series of questions
Educate you about the entire home purchasing process
Give you information on local real estate values, taxes, utility costs, services and amenities
Help you get pre-approved
Use every available method to locate properties that match your "wish list"
Provide you with a list of all the properties that meet your criteria
Stay in constant communication with you
View properties that interest you
Recommend appraisal, home inspection and contracting services
Negotiate the offer

HOW DO MARKET CONDITIONS AFFECT MY POSITION AS A BUYER?

Market Condition	Characteristics	Implications
Buyer's Market The supply of homes on the market exceeds the demand.	High inventory of homes. Few buyers compared to availability. Homes are on the market longer. Prices tend to drop.	More time to look for a home. More negotiating leverage.
Seller's Market There are more buyers looking to buy a home than there are homes on the market.	Smaller inventory of homes. Many buyers. Homes sell quickly. Prices usually increase.	May have to pay more and make decisions quickly. Conditional offers may be rejected.
Balanced Market The number of homes on the market is equal to the number of buyers.	Sellers accept reasonable offers. Homes sell within an acceptable time period. Prices are generally stable.	More relaxed atmosphere. Reasonable number of homes to choose from.

LAND TRANSFER TAX

Purchasers in most large Canadian centres can add Land Transfer Taxes to their list of closing costs. Land Transfer Taxes, levied on properties changing hands, are the responsibility of the purchaser. Depending on where you live, the taxes can range from 0.5% to 2% of the total value of the property.

Land Transfer Tax in Ontario
Up to $55,000 X 0.5% of total property value
From $55,000 to $250,000 X 1% of total property value
From $250,000 to $400,000 X 1.5% of total property value
From $400,000 up X 2% of total property value

Use the Land Transfer Tax Calculator to estimate the land transfer tax for your new property.

Buyer's VIP Program