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.

Real Estate – Homes & Spaces by Ema Dantas

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

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.

20 - Covid19 - How it could affect your credit

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.

19 - 10 Things That do Not Affect Your Credit Scores

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 ontheir tax returns and receive back 15 per cent of eligible expenses.

18 - Ontario Healthy Homes Renovation Tax Credit

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.

17 - CHMC - Canadian Housing and Mortgage Corporation

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 mortgage), and pays land transfer taxes. Title of the property transfers from the Builder to the Assignee at this point.Assignment sales require the services of an experienced real estate agent and a good lawyer.

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

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. 

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

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.

14- Land Transfer Tax - Budget for them on closing

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 same transaction – meaning both the buyers agent and the sellers agent work for the same brokerage, or in other words, the same real-estate office.And if this happens, that is ok, as each of the buyer and seller still have their own agent to represent them.Where there is a difficult line and one that may leave one of the parties, but in most cases, both parties, buyers and sellers feeling under served, not represented properly, unhappy, and in worst case scenarios, leaving the agent and brokerage open for legal liability.

13 - Multiple Representation in a Real Estate deal

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 legislationThe level and amounts of compensation like in any insurance policy, vary and have stipulations. Today Ema provides a brief overview of the plan itself.

12 - Tarion Warranty - 101

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 where they want!If you are selling your home, talk to your real-estate agent about creating a virtual tour of your home. And when i mean create a virtual tour I don,t mean a collage of pictures, or small videos, edited together to music. I meant an actually virtual tour of the home today! What it looks like today! The tour should include a walk thru of the whole house, with the agents comments, about each room, features, upgrades, showing characteristics, etc. The tour should also include live views from views, the back yard and of course a short tour of the street, and possibly the neighborhood.

11 - Virtual Tours and Showings - a brief overview

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 - get a signed agreement of representation with buyers

Saving money for a home is not easy. Ema talks about 3 ways to consider to save money for a home.---BuffyThe 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 landfills, protect geese from live-plucking, and uses less water and land to produce than cotton.>> Get $15 Off a Buffy Comforter with code FLUFF15! Click below!https://shareasale.com/u.cfm?d=607762&m=81529&u=2236305&afftrack=---Visit Ema’s Website for Featured Listings and to search TREB's MLS® listings for the Greater Toronto Area.https://RealEstate.EmaDantas.com

09 - 3 Ways to Save Money for a Home

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.

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

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?

Learn valuable tips and tricks when it comes to buying or selling your home or just investing in real estate.

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Real Estate – Homes & Spaces by Ema Dantas

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