BASIC TYPES OF MEDITATION

By: Edwin Hui

BASIC TYPES OF MEDITATION

Tags: MINDFULNESS MEDITATION, MEDIATION

Types of meditation The following seven examples are some of the best-known ways to meditate: 1. Loving-kindness meditation       With the many types of meditation to try, there should be one to suit most individuals. Loving-kindness meditation is also known as Metta meditation. Its goal is to cultivate an attitude of love and kindness toward everything, even a pers...Read More

UNDERSTANDING PLATINUM VIP AGENTS

By: Edwin Hui

UNDERSTANDING PLATINUM VIP AGENTS

Tags: PLATINUM VIP AGENTS

Understanding Platinum VIP By the time a new condo project’s sales centre opens its doors to the public, the building can be as much as 90% sold already. How does this happen? Condo developers in Toronto generally follow a simple staggered marketing formula for selling their buildings and it goes like this: 1) Friends and Family sales event (5-10% of units get sold) 2) Platinum ...Read More

What is an Assignment Sale?

By: Edwin Hui

What is an Assignment Sale?

Tags: Assignment sale

  What is an Assignment? A common question raised during the pre-construction process is assignments. For those who are not familiar with assignments, it is simply a sales contract entered into by two parties at an earlier date. It is essentially a transfer of the right to purchase that property from the original purchaser to a new purchaser prior to the unit closing. Assignments of sale a...Read More

Buying a Pre-Construction Condo with a Realtor

By: Edwin Hui

Buying a Pre-Construction Condo with a Realtor

Tags: Pre-Construction Condos

Should You Use A Realtor When Buying Pre-Construction?   Buying a new or pre-construction property can be a great alternative to buying resale. Pre-construction buyers enjoy the obvious benefits of purchasing a brand new, never lived in property, that is often customizable, won’t need repairs or updates soon and investors can benefit from price growth, often without having to close on a...Read More

FOREIGN BUYER TAX ONTARIO

By: Edwin Hui

FOREIGN BUYER TAX ONTARIO

Tags: HOMES IN TORONTO

The NRST is a 15 per cent tax on the purchase or acquisition of an interest in residential property located in the Greater Golden Horseshoe Region (GGH) by individuals who are not citizens or permanent residents of Canada or by foreign corporations (foreign entities) and taxable trustees. The NRST applies in addition to the general LTT in Ontario. The GGH includes the follow...Read More

What are closing costs? A guide to condo purchases and fees

By: Edwin Hui

What are closing costs? A guide to condo purchases and fees

Tags: Closing Cost

Every so often, a story will appear in the news: “Condo buyers caught off guard by closing costs.” Someone purchases a condo or a house without doing their homework. As the sale goes through, they’re surprised to find that there are fees that they didn’t budget for. It’s unfortunate that high closing costs surprise some people. But the truth is, it shouldn’...Read More

5 terms every condo investor needs to know

By: Edwin Hui

5 terms every condo investor needs to know

Tags: Condos Investment

For new investors, it's easy to get overwhelmed by facts, figures, formulas, and different investment calculations. And, although many people are aware of condo investing terms, they have trouble defining them or deploying them properly. Our goal today is to demystify the most important condo investing terms that you need to know. This will not only make you a better investor, but it will...Read More