Real Estate – Homes & Spaces by Ema Dantas

31 - An open conversation about real estate - as realtors -thoughts and experiences.

My guest today is Tracy Kambietz. Tracy has been a licensed Realtor in 3 provinces over the span of her 20 year career in Real Estate. She specialized in relocations in Calgary’s ever changing market and during the period when everyone was relocating to the city for work. Tracy also worked in the Okanagan of beautiful BC, assisting clients from Calgary and Vancouver purchase recreational and investment properties. That eventually lead her back home to Ontario where she focused solely on the ...

30-Delayed Occupancy Compensation

Delayed occupancy compensation up to a maximum of $7,500 is payable: If occupancy occurs on a date after the Firm Occupancy Date; or If you exercised your right to terminate the purchase agreement due to delay as permitted by the Addendum

29 - Exclusive Listing versus Non-Exclusive Listing

In this episode Ema explains why Exclusive Listings Agreements do not favour the seller, and why. To put it simply, an exclusive listing agreement the seller is limiting him or herself to working with one agent and his or her buyers.  In a non-exclusive listing, your chosen real estate agent is working on your behalf with an army of agents and their clients, so that you home can be sold fast and for the most money. Have a listen.

28 - How a Tiny Home Can Be Your Best Next Investment

The demand for affordable housing along with government guidance is allowing for considerable opportunity for extended living spaces and income  generating opportunities for the savvy investor.  Today I have Shannon Hammer, the President of Bark & Co giving us an overview of what are tiny homes and how his company's Suite Homes are different and why perhaps you may want to consider one as an income property. Tiny Homes have been growing in popularity globally due to their relatively inexpe...

27 -Bill 23 in Ontario: the More Homes Built Faster Act - what is it?

Ema talks breifly of what this Act means, which includes: "This legislation ‘cuts the red tape’ associated with additional residential units within new and existing houses, as well as accessory buildings. Now up to three residential units per lot will be permitted “as of right.” "

25 - Mortgage Interest Rates - Some Facts

Ema talks about facts of the current interest rates and the real estate market generally.

24 - Vacation Properties - What To Consider

When thinking about a vacation property, it is important to be armed with the right information. Ema gives you some examples to think about.

THE IMPORTANCE OF A HOME INSPECTION BEFORE BUYING

When you purchase a home, it’s often recommended that you have a home inspection done. In fact, a typical Agreement to Purchase Form will include a standard preprinted clause with respect to home inspections. This is one of the most common conditions in an offer to purchase a property.  Some agents allow their clients to forgo this step. In a competitive market, this is a condition and one that can put the buyer at a more unfavourable position when presenting an offer.  So skipping the home...

23 - THE IMPORTANCE OF A HOME INSPECTION BEFORE BUYING

When you purchase a home, it’s often recommended that you have a home inspection done. In fact, a typical Agreement to Purchase Form will include a standard preprinted clause with respect to home inspections. This is one of the most common conditions in an offer to purchase a property.  Some agents allow their clients to forgo this step. In a competitive market, this is a condition and one that can put the buyer at a more unfavourable position when presenting an offer.  So skipping the home...

22 - Assignments an Overview. Advantages and Risks for Both Buyers and Sellers

Ema is an expert on assignment deals. In this podcast she shares the basics on assignments. With an assignment, the Seller is actually selling their interest in a property (or shall we say, contract with the builder). They aren’t selling the actual condo (as they don’t own it yet); they are selling their promise to purchase a property. When you purchase an assignment, you are essentially stepping into the shoes of the original purchaser. You can’t renegotiate the price or terms of the cont...

22- Tittle Fraud and Identity Theft

Someone can steal your home. That is right. It's called Tittle Fraud and happens in connection with identity theft. In this episode Ema talks about it happens and gives advise on ways to prevent identity theft.

21- A Look at an Alternative Way to Save, Invest, Finance Your Home Even - Bank On Yourself Organization

In today's episode Ema talks to her guest Saddy Ibrahim, a financial planner and member of the Bank On Yourself Organization.  Saddy helps real estate investors, business owners, and full time employees grow safe and predictable wealth regardless of market conditions.  Imagine a savings account where you can save and then borrow from it like in a loan. Well have a listen.... it's possible.

20 - Covid19 - How it could affect your credit

During these crazy times, your credit can be affected.  Ema talks about how Covid-19 can affect your credit, what you can do to protect yourself, and where to go for more information.

19 - 10 Things That do Not Affect Your Credit Scores

Credit Scores are important, especially when we are looking for a mortgage.  Today Ema talks about 10 things that don't affect our credit scores, things that can, but how to avoid them.

18 - Ontario Healthy Homes Renovation Tax Credit

Today Ema talks about the Ontario Healthy Homes Renovation Tax Credit. The Healthy Homes Renovation Tax Credit is a permanent personal income tax refund for seniors and the family members who live with them. Those who qualify can claim up to $10,000 worth of home modifications on their tax returns and receive back 15 per cent of eligible expenses.

17 - CHMC - Canadian Housing and Mortgage Corporation

The quick facts about what it is, what it does, and how much it costs. Ema gives her opinion on how you can save money by not paying CHMC insurance.

16 - Assignment Sales - Pros and Cons - and how do they work exactly

With assignment sales are not your regular cup of tea. There are essentially 2 closings: the closing between the Assignor and the Assignee, and the closing between the Assignee and the Builder. With the first closing (the assignment closing) the original purchaser receives their deposit + any profit (or their deposit less any loss) from the Assignee. On the second closing (between the Builder and the Assignee), the Assignee pays the remaining amount to the Builder (usually with the help of a...

15 -Tittle Insurance - What Is It and Why You Need It

Ema explains what is Tittle Insurance is. Why it's needed and how it works.   Tittle Insurance is also part of your closing costs when you are purchasing a home. When you are buying a new home there are many details to consider. Tittle Insurance is something that usually no one things about. 

14- Land Transfer Tax - Budget for them on closing

Land Transfer Taxes are part of the costs when one purchases a home in almost every province in Canada. And in Ontario, the City of Toronto has their own land transfer tax.

13 - Multiple Representation in a Real Estate deal

Double representation or multiple representation in a real estate transaction in layman’s terms means representing but the buyer and seller at the same time, by the same real-estate agent. Most consumers are unaware that all Listing and Buyer Representation Agreements are with the Brokerage, not the individual Realtors (sales representatives/brokers) who work for the Brokerage. Double ending also known as multiple representation also occurs when the Brokerage has two or more clients on the ...

12 - Tarion Warranty - 101

All new home buyers should familiarize themselves with the Tarion warranty.   Tarion formerly known as the Ontario New Home Warranty Program, was created by the Government of Ontario in 1976 to administer the Ontario New Home Warranties Plan Act. Its primary purpose is to protect consumers of new homes by ensuring that builders abide the provincial legislation The level and amounts of compensation like in any insurance policy, vary and have stipulations. Today Ema provides a brief overview ...

11 - Virtual Tours and Showings - a brief overview

Why is this important. Covid-19 pandemic has made this essential. But aside from the pandemic and moving forward, it is both a  great way for sellers to limit all those showings to potential buyers that house shop for long periods of time, its a great open to have open houses without all those out on a stroll that have no intention of buying a home, just drop in to see the home and for serious buyers, or house shopping affectionatos to view as many house as the want, when they want, from whe...

10 - Agents - get a signed agreement of representation with buyers

Real estate is your business and your profession. An email with the agreement of representation should be signed before you start putting all the hard work into looking for a home for a new client buyer – and this should be done as soon as you gather all the <wants and needs> the client is looking for.

10 - Agents - don't get taken advantage by client buyers!

Real estate is your business and your profession. An email with the agreement of representation should be signed before you start putting all the hard work into looking for a home for a new client buyer – and this should be done as soon as you gather all the <wants and needs> the client is looking for.

09 - 3 Ways to Save Money for a Home

Saving money for a home is not easy. Ema talks about 3 ways to consider to save money for a home. --- Buffy The most comfortable comforter on earth. Buffy offers a range of bedding products including the world's softest and coolest comforters, duvet covers, and sheets. They ship for free, don't charge you unless you decide to keep what you ordered, and have free returns if you decide to send it back. Buffy is seriously sustainable as well. Their products keep water bottles out of landfi...

08 - The First-Time Home Buyer Incentive (FTHBI) Program

The program was designed and aimed in making it easier for first-time home buyers to buy their first home by lowering monthly mortgage payments. But in reality it is not realistic to those looking to buy a home in Vancouver, GTA, or even the Peel Region and Halton Hills.  Also the fact is that this program is a joint home ownership program with the government and the home buyer.

8 - The First-Time Home Buyer Incentive (FTHBI) Program

The program was designed and aimed in making it easier for first-time home buyers to buy their first home by lowering monthly mortgage payments. But in reality it is not realistic to those looking to buy a home in Vancouver, GTA, or even the Peel Region and Halton Hills.  Also the fact is that this program is a joint home ownership program with the government and the home buyer.

7 - What should you be looking for in a Real Estate Agent when looking to purchase?

Ema in her Homes and Spaces series is gives her views on what you should be looking for in Real Estate agent when looking to work with one, when purchasing a home. You want your agent to be your assistant in this process. 

07 - What should you be looking for in a Real Estate Agent when looking to purchase?

Ema in her Homes and Spaces series is gives her views on what you should be looking for in Real Estate agent when looking to work with one, when purchasing a home. You want your agent to be your assistant in this process. 

06 - Using your RSP when buying your first home

The RRSP Homebuyers Plan (HBP) which allows first-time homebuyers to withdraw up to $25,000 from their RRSP, tax free can be a great way to safe for your downpayment and reap the tax benefits at the same time. --- Buffy The most comfortable comforter on earth. Buffy offers a range of bedding products including the world's softest and coolest comforters, duvet covers, and sheets. They ship for free, don't charge you unless you decide to keep what you ordered, and have free returns if you ...

05 - Development Charges on New Builds

Development charges (also called development levies) are fees charged to the developer of any new home or condo by the local municipality.  Developers of course transfer these costs to the home owners – you the buyer. Ema talks about this very important fee.

04 - 6 Things to Know About Closing Costs on New Builds

03 - Why owning a home is a good financial decision

Why owning a home is a good financial decision

02 - Save Big On New Builds: Secrets Every Home Buyer Should Know

Using a Real Estate Agent – Ema talks talks about the 1st step in using a real estate agent to save big on your next new home build purchase

01 - Best Time to Buy New Builds & Pricing Info

When is the best time to buy a new built home and other pricing information