By: Shawn Lepp

Market Change in Real Estate is Opportunity

Tags: Buying a home in Durham Region, Selling a home in Durham Region

In the last couple of months we have seen a lot of change in the real estate market.  Change is opportunity.  Shawn Lepp and his team welcomes the changes and is looking at how to capitalize on it for their clients.  The first step was to get together with Shawn's mastermind group of the top agents in each Region around the GTA, Dan Cooper, Kevin Larose, Barry Coh...Read More

By: Shawn Lepp

Save money on energy bills with new Ontario program

Tags: Buying a home in Durham Region, Tax savings

(NC) A new incentive program is making it easier for you to pocket big savings on your energy bill. The Home Energy Conservation Incentive Program from Enbridge Gas Distribution and Union Gas, in partnership with the Province of Ontario, is now available to all Ontarians who heat their home with natural gas, propane, oil or wood. Funded through a $100 million investment from Ontario's Green I...Read More

By: Shawn Lepp

Buying a property with a rental unit? Read this first

Tags: Buying a home in Durham Region, Buying an investment property

(NC) As housing prices rise, homeowners may look to income from a rented suite to help carry a mortgage. This can be a great strategy if you follow the rules and are well-prepared for being a landlord. Here are five key things to know. 1. There are new rules. The Canadian Mortgage and Housing Corporation now allows homeowners to count 100 per cent of the expected rent from a tenant suite tow...Read More

Red Hot Market Continues

By: Shawn Lepp

Red Hot Market Continues

Tags: Buying a home, Selling a home, Market Conditions

      As we enter what is typically the beginning of the Spring Market in real estate, the market continues to be strong.   The average price of homes sold in the GTA last month was $875,983, an increase of 27.7% compared to the same time last year. In Durham Region, the average price rose 24.9% to $609,702.          The increase is being att...Read More

By: Shawn Lepp

What Insurance Makes More Sense? Mortgage or Life?

Tags: Buying a home, selling a home, mortgage insurance, life insurance

Many times people that are in the process of buying a home end up considering a mortgage insurance policy to protect them in case of a sudden change of circumstances leading to the inability to pay on their home. Did you know that even through closing, the mortgage is your obligation and regardless of unforeseen circumstances the note must be paid? That is why one of the things many buyers do is t...Read More

How Tax Law Changes Impact Your Return

By: Shawn Lepp

How Tax Law Changes Impact Your Return

Tags: Buying a home, Selling a home, tax laws

(NC) Feeling overwhelmed by the recent tax changes announced? Check out a few of the most important changes that may impact your tax return, decoded by the experts at H&R Block. More money, more taxes. The lower-middle income tax rate went down from 22 to 20.5 per cent, and a new tax bracket of 33 per cent was created for those earning more than $200,000 per year. So if you made more than $21...Read More

By: Scotiabank

Department of Finance Changes Mortgage Rules

Tags: Buying A Home, Financing a home purchase

  Did you know that the Department of Finance changed the mortgage rules last year? Home Buyers with less than 20% down payment must now pass a Stress Test, which means they have to qualify at The Bank of Canada Benchmark Rate that is higher than the current mortgage rate (at this time it is roughly 2% higher). What does this mean for you?   Here...Read More

By: Shawn Lepp

Tax Relief For First-Time Home Buyers

Tags: First time home buyers, homes in Whitby, buying a home

(NC) As a first-time home buyer, what would you do with? an extra $4,000? As of January 1, 2017, that's how much the provincial land transfer tax rebate will give back to Ontario's first-time home buyers. “That extra money could go a long way toward beefing up your down payment, covering closing costs or purchasing appliances for your new home,” advises Ray Ferris, president o...Read More

TIPS ON PROPER STAGING OF YOUR AJAX HOME

By: Shawn Lepp

TIPS ON PROPER STAGING OF YOUR AJAX HOME

Tags: AJAX Real Estate, Staging Your AJAX Home

You have decided it is time to sell your Ajax Home and move back to where your wife’s family lives with the promise of a better job; so in order to save money; you become a FSBO-For Sale By Owner. It will be a demanding task, but you are up to it. Then you suddenly have an epiphany of what your work partner once told you: “Fred, if you ever want to sell your home fast make it look lik...Read More

ADDING CURB APPEAL TO YOUR WHITBY HOME

By: Shawn Lepp

ADDING CURB APPEAL TO YOUR WHITBY HOME

Tags: Homes in Whitby,  WHITBY HOMES FOR SALE

Adding curb appeal to your Whitby home doesn’t have to be expensive. There are plenty of DIY projects you can implement to add instant curb appeal such as regular lawn care, painting the exterior, adding new lighting fixtures, cleaning the windows, upgrading doors, and adding flowers. Creating curb appeal for your home not only adds pride and dignity for you, but also makes it easier to sell...Read More