Posted on 12 December 2012. Tags: Acquiring, auction, bidder, bids, Canada, Canadian, city, lien, properties, property. properties, public, sale, sealed, tax, tender
Acquiring Tax Sale properties in Canada
Secrets of Super Wealthy Professional Real Estate Investors part 1 of 10
Many provinces in Canada levy property tax on Real Estate based upon the current use and value of the land and this is the major source of revenue for most municipal governments in Canada. While property tax levels vary between municipalities in a province there is usually common property assessment or valuation criteria laid out in provincial legislation. The municipality has the right to collect property taxes owing even if they have to sell the property to recuperate the property taxes owing. These properties are never listed on MLS or Real Estate Brokers. This is another secret of super wealthy Professional Canadian Real Estate Investors and or Apprentices to acquiring Tax Sale properties in Canada Read the full story
Posted in Articles, Featured
Posted on 22 January 2013. Tags: Canada, Canadian Bankers Association, delinquent mortgages, Foreclosure, foreclosures, Investors, power, Power of Sale, pre - foreclosures, Real Estate, Real Estate Investing, Real Estate Investors, sale
Foreclosures in Canada
It is a reality that foreclosures in Canada happens in any market, in a boom an estimated .25% of homes face foreclosure and in a bust .75% of homes face foreclosure in Canada.
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Posted in Articles, Canadian Foreclosures
Posted on 19 January 2013. Tags: adjustable, Canada, fixed, hybrid, hybrid mortgage, Mortgages, rate, variable
Hybrid Mortgages Canada
No, it is not fancy name. There is such thing called hybrid Mortgages in Canada. The trend is picking up and intends to continue. Canadians are doing more research and like to see their options before signing up for traditional mortgages.
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Posted in Mortgages
Posted on 18 January 2013. Tags: Canada, Canadian, credit, expense, tax
Tax Credit and Savings - Canada Economic Action Plan
“Canadians can take full benefit from the following tax credits provided they are aware of them. As Canadians prepare to file their 2012 taxes, they will be able to claim the Family Caregiver Tax Credit for the first time. Claiming these credits by filing online and using direct deposit will, in most cases, help Canadians to receive a refund in as little as eight days, compared to four to six weeks for a paper return” says Navtaj Chandhoke, founder of Professional Real Estate Investors Group (PREIG) Canada, the largest Real Estate Investors network group in Canada.
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Posted in Articles, Government Grants, Real Estate Millionaire Strategies Apprenticeship (REMSA)