Oakville Real Estate

Let Damir introduce you to great homes in Mississauga, Oakville, Port Credit, Erin Mills, Streetsville, and Milton.

Home Buyer Tax Credits

If you're considering buying a new home in 2010, give us a call to help you prepare for your home purchase. From information on mortgages, first time home buyers plans, tax credits, and mortgage downpayments, we can help you with mortgage services and navigating your way through the tricky process of home buying. Find out about downpayments, first time home buyer tax credit, mortgage insurance and more.

Oakville Home Prices

Check out home prices in your neighbourhood: Oakville Home Prices and call us now for a free home evaluation.

Oakville Homes for Sale

First Time Homebuyers

Federal, Provincial and regional governments have introduced First Time Home Buyers programs to help prospective buyers acquire the funds for a home downpayment. The Federal Government offers the Home Buyer's Plan (HBP) which allows RRSP holders to withdraw up to $20,000 from the Rrsp to use toward the purchase of a home. Learn more about HBP homebuyers plan. The RRSP issuer will not withhold tax on the withdrawn amount at the time of withdrawal. You can even use that amount to put toward the construction of a new custom built home. A townhome, duplex, triplex, semi-detached, single family dwelling, mobile home, or condominium all qualify as a home for this program. Rrsp contributions are a great way to make buying a home easier. Since interest rates are low and property values are rising, you may not lose any long term investment value by using Rrsp contributions.

Married couples may withdraw up to $20,000 each for this first time home purchase. Both must be first time home buyers and must occupy the home. Repayment of the withdrawn funds from rrsp must be repaid within 15 years.

CMHC Assisted Mortgages

The Federal government also operates National Housing Act mortgage assistance programs. You can apply for an CMHC NHA mortgage loan at any chartered bank such as Bank of Montreal, credit union, or trust company. Find out more about CMHC mortgages from our mortgage expert Nick Dimulkas. If you just need a little more help to qualify and raise the necessary funds or mortgage assistance, then your dream of owning a Mississauga home is a real possibility.

For Residents of Peel Region, you may qualify for the Ontario Affordable Housing Program. The Region of Peel’s Home in Peel Affordable Ownership Program offers help to moderate income residents who are currently renting a condo or home who want to buy a home or condo.

Real Estate Listings Mississauga

The problem with MLS real estate listings is that homes that are still available are the ones everyone is passing on. If a home has been on the market for a long time and is just not selling, there must be a reason. So just having your home appear on the multiple listing service may diminish its appeal for many discriminating buyers. Smart home buyers get in on great new homes for sale right away. Some are bought up before the advertised listing is seen by buyers. A good Mississauga real estate agent can help you learn of newly available properties and of properties that may be becoming available. Homes often come up for sale for a number of reasons including financial problems. Some homeowners will try to rent out their basement or take on borders to make up the shortfall in funds for their mortgages. Power of sale opportunities are often hard to discover too. After months of being in the real estate listings, a homeowner may get discouraged and begin to lower their asking price severely. If you're thinking the Mississauga real estate listings are the best way to market a home, please give us a call so we can show you how a professional marketing approach is better. Often, it's not how many people see your home, but who sees it. Try a better approach to selling Mississauga real estate.

Ontario offers the The Ontario Home Ownership Savings Plan (OHOSP). It was created to help first-time buyers get past the first hurdles of buying a home which is often the downpayment and other costs of buying. If your income is below $40,000 per annum (or if you and your spouse have a combined income below $80,000) then you are eligible to benefit from OHOSP. If you've never previously held a OHOSP, and over 18, you may be eligible. There is no limit to the amount of funds you may deposit in your OHOSP. You are limited on OHOSP tax credits on annual contributions of not more than $2,000 (or $4,000 per couple).