HERITAGE PROPERTIES/TAX RELIEF

Don"t miss the chance to enter for the exciting Spa weekend getaway.
Draw is November 30th....Don't forget to get it in!

Market Watch....Global real estate markets are showing tentative but growing signs of stabilization, according to Scotia Economics
Real home prices increased in a number of major developed economies in the second quarter of 2009, including Canada, Australia and United States. www.orea.com/ScotiabankReport

Heritage property owners get tax relief
Heritage tax relief measures:
Changes were made to the Municipal Act to allow Municipalities to provide Tax refunds or reductions to owners of eligible heritage properties.
Direct cash grants for rehabilitation and restoration projects:
Under this provision of the Act municipalities make non-refundable grants to owners for the purpose of protecting the heritage features of a property.
Municipal tax back grants:
Municipalities can also use their gran making powers to provide grants or loans to owners of designated properties for a limited period of time, to offset a municipal property tax increase which resulted from the alteration, repair or renovation of a property.

First time Buyers learn mortgage basics:
Building Blocks, a special series launced last month on the Globe Investor Web site is geared towards educating young Canadian families about various personal finance topics. Go to www.theglobeandmail.com and select investor education on the Globe Investor beta site.

The Launch! The Weekend getaway!

I have been so busy with new listings, sales, and just keeping up with my daily paperwork.

The Launch of the web site has absolutely brought more enquiries, more exposure for our listings, plus more sales!

My Team decided to run a draw for a weekend getaway at a spa in the Muskokas
Just send in:
Name
Phone number
Address
Email us thru our Web site or just use info@karenpaul.com
Your ballot will be in the draw November 30th, 2009 ( formerly November 15th 2009)
You will be featured in the Burlington Post as our grand prize winner!

KAREN PAUL

Harmonized Sales Tax in Ontario

Many questions have arised re Sales tax coming in as of July 2010

Under the new rules there will be increased costs to the consumer of residential real estate. The following items will be subject to the HST:

1. Commission
2. Legal fees
3. Chattels...not fixed to the property ( Stove Fridge)
4. High ratio insurance premiums
5. Fire insurance
6. Home inspection fees
7. Moving costs
8. Appraisal fees
9. Surveys
10. Title insurance

This is a brief, but by no means a complete list.

If you have any questions on the HST here are the resources;

• www.fin.gov.on.ca/english/index.html
• www.rev.gov.on.ca/english/guides/rst/206.html
• www.cra-arc.gc.ca/tx/bsnss/tpcs/gst-tps/menu-eng.html

Do your homework in buying and selling , knowledge is the best asset!

Talk to you soon

KAREN PAUL

905.634.2334 or info@karenpaul.com

THE ULTIMATE PROFESSIONAL

Many times I arrive at a home to do an evaluation ( to set an approx. value ) and the sellers are very apprehensive of what we actually do once we list their home.

I am very lucky because behind my 30 + years in the business, service has been perfected by many of my client's criticisms and requests. I have learned to listen, resolve immediately and work for my clients.

We work hard as a team to sell your property so it is a satisfying experience.
Behind me are these people that partake in organizing your home for the market:
Michelle Desrochers....Administrator /manager for the Karen Paul team
Matt Macdonald.....Maintaining Web sites
Fran Anderson ....Stagger, interior decorator
Tom Vogel ..Special HD photographer/ Virtual tours
Kim Doherty ....Aerial Photographer
Lynn Macfarlane.....Burlington Post/Oakville Beaver/Mississauga News/Flamborough News.takes care of all our weekly ads
Bonnie Joll..Homes and Land Magazine
Peter Nesbit.....Puts up your sign
Eddy Hiltman.....Floor plans
Printers ...to print your Feature sheets and just listed cards
Justin Loncaric...Buyers Representative ..to handle any buyers for your home
Andrea Sferrazza..Buyers Representative... to handle any buyers for your home

So when you call Karen Paul to do an evaluation and hire her team to sell your home, you are not only hiring Karen, you are hiring all these people!

Identify your most important goal in life today!


KAREN PAUL
905.634.2334
info@karenpaul.com

BUYING A BRAND NEW HOME

I went to the opening day of Milton Trails yesterday. Upon arriving at the sales office, the parking lot was buzzing! The adrenaline starts to flow giving you that sensation you are going to miss out on that "DEAL".

To my surprise, there were only a few that had been launched and not many had sold, comparatively to the mid 2000's where within one hour of opening the doors, everything had sold.

Here are a few tips in regard to putting in an offer with a new builder:
Do your research first....new to resale
Is there any supply in the surrounding area for sale/rent
Days on the market
Revisit the sales office so you are sure what you want and can afford
ASK about driveways,landscaping, extras, appliances, ceramic to porcelain, baseboards, light fixtures, extra costs at closing, reassignment of contract and financing.

This is your money, ask questions before signing!

Remember we are always here for you.

Karen Paul
info@karenpaul.com
905.634.2334

GREAT NEWS from Royal Bank of Canada

Keep up to date and informed daily with Rates, new and exciting listings, plus any economic changes in our market.

News flash from our Mortgage Representative with RBC, Mike Mattiaci, 5 year posted rate dropped yesterday to 5.74 per cent (down by .10 bps)

RBC's Sale Offers:
Four year closed 4.24%
Five year closed 4.44%
OPEN five year variable 2.95% ....Fully open no cost to break

To contact Mike ..cell 905.466.8208

Yesterday I listed a home in Freelton Ontario...refer to my property link....48 Karendale Court, one year new bungalow which was the model home for the subdivision. Lovely upgraded features with an untouched lower level. this may suit your style and location

There are many wonderful condo apartments out there for anyone who feels like a maintainence free lifestyle. Ask us and we can guide you from start to finish with all the closing costs and monthly fees.

Have an enjoyable Saturday

Excitement, new business, super market!

I am just thrilled that in 1985 I started working on my first computer and now, in Oct of 2009, I can talk to thousands of people by just posting a "blog".

Our lives have become overwhelmed by instant communication, and yet "WOW" how much knowledge we can attain!

New business is coming to question how refined our Marketing is. Selling a high percentage within 30 days.

Today, with Mortgage rates, at a annual low, homes are selling consistantly, drawing every kind of buyer to the table. ( Please refer to our most recent BUYER'S NEWSLETTER for all rates)

Along with the many many referrals I get, new busines is always welcome and will be handled with the greatest of service.

My updates will be frequent and informative.

As expressed at the beginning of my "blog", this is the greatest thing since sliced bread!