Region of Peel HomeOwnership Program

Good Morning to all,

Important Notice for anyone interested in buying a home and may need assistance with your purchase. The Region of Peel, has opened up their HomeOwnership Program once again. Here are the details regarding the stipulations.

If you may need any further assistance, contact MyDaddyHomes today.

**What is the Home in Peel Affordable Ownership Program?

The Home in Peel Affordable Ownership Program is designed to provide low-to-moderate income residents who are currently renting a unit in the Region of Peel (Brampton, Caledon or Mississauga) the opportunity to qualify for down payment loan assistance to buy a home in Peel Region.

This program will assist eligible applicants who have a total gross (pre-tax) household income of $80,000 or less to purchase a resale home in the Region of Peel that does not exceed a purchase price of $295,000.

Participant Eligibility

• Applicants must be 18 years of age or older
• Applicants must be a Canadian citizen or have permanent resident status
• Applicants must not own or have an interest in another residential property in Canada or elsewhere
• The home must be the sole and principal residence of the purchaser
• The applicant must currently be renting in Peel and looking to buy a sole and principal residence
• The applicant must have a total gross (pre-tax) household income not exceeding $80,000
• The applicant must be able to obtain a mortgage pre-approval from a bank/lender that is approved and insured by a mortgage default insurer such as Canada Mortgage and Housing Corporation (CMHC) and must submit it with their application
• Participants may not include anticipated rental income from a portion of the property in order to obtain a mortgage
• The applicant must be able to pay all additional closing costs
• The applicant must supply all necessary documentation to the Region of Peel within the required timeframe

WORLD CUP

World Cup, is there anything else that needs to be said.

Today is the start of a long journey for many players, fans, & parents. Today is WORLD CUP.

Who do you think will win. Let's start the discussion and see who will be right at the end of the day July 13, 2014. What country will prevail as the ultimate soccer nation.

MyDaddyHomes will be watching, and updating all the scores and game times.

CMHC to Increase Mortgage Information

Attention Home Buyers,

CMHC will be changing their Mortgage Loan Insurance Premiums as of May 1, 2014. Please read the following information regarding the change.

The increase may or maynot affect you, however knowledge is powerful. Contact us at MyDaddyHomes, Facebook, Twitter and Linkedin for more information.

MyDaddyHomes 21 Eastview Unit #17 For Rent

Location, location, location. This wonderful house is in the heart of East-side Brampton. Close to place of worship, schools, public transportation and much more. The house backs onto the ravine, a tremendous view to behold. A corner unit and 1 of the largest in the complex. Kitchen features a gas stove, fridge and built-in dishwasher. The master bedroom, has a walk-in closet and a 5-pc bathroom.

For more information contact us, MyDaddyHomes, Facebook, Twitter

Check out these pictures.

 Walk-way downstairs

 Dining room

MyDaddyHomes, 2 Vernet For Sale

Wonderful home For Sale, in the heart of Vales of Castlemore Brampton. This home features are outstanding, interlocking driveway, hardwood flooring throughout main level, gas stove, ceramic backsplash, wine fridge, library, main floor washer and dryer. The proximity to schools, transportation, and stores is one of a kind.  It's right on the borderline of Brampton/Caledon. In addition, the basement is finished and has 1 bedroom and bathroom

Out of the main hub of Brampton, but not far enough in the county. Come and see what your future home could be. For more information contact us at MyDaddyHomes.  You can view our social media pages, Facebook and Twitter

Check out these pictures.

 

Fabulous Kitchen with Wine Fridge

 

 Kitchen with ceramic backsplash, stainless steel fridge

 Wine Fridge

 

Eat-in Area

Real Estate - Housing Stats GTA

Good Morning Everyone,

Great news, MyDaddyHomes website is mobile ready. You can quickly view our website on any mobile or tablet device.

Recently the Toronto Real Estate Board (TREB), provided information about Jan's mid-month housing market. From the statistical information that was stated it looks like price of homes verses how many homes are available is increasing at a steady rate.

Read the article below and don't forget to subscribe to our blog. You can follow us on Twitter, Facebook and our website MyDaddyHomes

Renovated Basement Apt for Rent

Hello There,

Happy belated Holidays to each and everyone of you. Wherever you spent New Year's, may 2014 be bright and special.

We have a special listing to advertise today. It's a newly renovated basement apartment, it's features are amazing. Here are just a few: Stainless Steel Fridge, Stove, and Built-in Dishwasher, Stackable Laundry, renovated Bathroom (4pc) and ensuite shelving unit. Kitchen is outstanding and you have enough space for dining/sitting area. A major feature is UTILITIES are included, minus cable/phone.

Check out these fantastic photos. Contact us for more details, MyDaddyHomes, Twitter, Facebook

Real Estate: Real vs Reality

Good Morning All,

Well it's been a long time since my last blog. I thought today I would touch upon Real Estate in the real world compared to what we all see on the TV.

The TV shows are very interesting to watch. A quick 30min-1hour show provides enough entertainment for anyone who is looking into real estate. These shows show various viewpoints depending on who they are dealing with. For example, you have prospect buyers, sellers, landlords and tenants. For everyone in one of those categories there is a show that caters to those needs. They provide information on decorating ideas, getting your house ready for sale or what to look for in a suitable property.  As viewers, we have to remember that those shows are for entertainment value. They only touch upon a small portion of what a Real estate Salesperson or Broker does in actual fact.

Landlord & Tenant Responsibilities

Good Afternoon All,

Recently, I have heard a lot of stories regarding tales between Landlords and Tenant's. I have wondered to myself many times. Do both parties know the rules and regulations pertaining to what is involved when becoming a Landlord. Also, what the Tenant is responsible for under the Tenancy Act.

For example, is the Landlord required to paint a premises prior to a Tenant moving in? Or should the Tenant paint and than ask the Landlord for reimbursement?

Another example, can the Landlord inspect the property whenever they chose and do they need to give the Tenant notice?

There are so many areas of concern with dealing with Tenant's. That's why, the best method prior to getting involved in an Agreement to Lease, is to review the Landlord and Tenant board Act. The information that you will learn from the board will surely benefit you in the long run.

Knowledge is power.

Follow us on Twitter, Facebook

Take care,

MyDaddyHomes

GTA Housing Market Sept 2013

Good Morning All,

Thanks again for subscribing to our Real Estate blog and reading our featured articles.

Today, topic describes how the GTA market faired for the month of September compared to previous years. (Compliments of the Toronto Real Estate Board)

Follow us at www.mydaddyhomes.com

Realtor Professionalism 101

I just wanted to share this great video from NAR (National Association of Realtors) called A Pathway to Professional Conduct. It describes how Realtor's play a major role with the public and other Realtor's.  Having a trusted Realtor working on your behalf can save you time and money.

Visit MyDaddyHomes for more information pertaining to all Real Estate matters.
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Relocation to the GTA

Morning All,

Question for all of you out there. Have you ever thought of relocating to another country? Have you thought of how am I going to find a home to suit my family and lifestyle?

MyDaddyHomes, can help you in your search throughout the GTA (Greater Toronto Area).  We handle a wide array of aspects dealing with Real Estate.

Here are some topics:
Buying
Selling
Renting
    a) Tenants rights
    b) Landlords rights
Investment properties
Mortgages

Click on the link to view our website Click Here. In addition, you can find us on the web through our numerous social media platforms:

Twitter, Facebook, Youtube, Wordpress, Tumblr,