Real Estate ?Flip? Could Be Great For Both ? Customers & The Sellers!

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A lot of investors who bought new condos inside Toronto, Ontario, from your builder and signed arrangements prior to December 31, 2007 are now ready to cash out.
Rather than shutting the deal with the builder, some of the original customers would be willing to determine their agreements regarding purchase and purchase to the new buyer. An assignment is where an original buyer markets the purchase contract to another buyer before the closing of the property. The Assignor may be the seller and the assignee may be the buyer who buys the ?FLIP? / purchase agreement from the original buyer whom bought the property through the builder.
Here here are important points associated with ?Flip? and the reasons why substantial preserving can be had by purchasing the agreement of obtain and sale signed between the original customer and the builder.
1. If the agreement with the builder was signed Ahead of December 31, 2007 there is NO Toronto Land Transfer Tax for the assignee, only Ontario Property transfer Tax is payable. The assignee will save you thousands of dollars as the Buy Sell New Condo, based upon the price, can total a large sum of money

2. Builder deals signed just before June 19, 09 were subject only GST and NOT HST

3. GST transitional rebates associated with 2% (if builder package was signed ahead of May 2, 2007) or 1% (if builder deal was signed prior to October 25, 2007) are available to Assignee given that GST in the contractor price was decreased from 7% to 6% and after that reduced from 6% to the 5%.

4. In all chance, the assignee will receive the loan for the interest upon deposits from the contractor on final closing which can be a substantial amount of cash.

5. Some builders provided incentives to the buyers who originally bought from the actual builders and these are generally inherited by the assignee.

6. Parking and Locker prices have increased substantially -even more than condominiums- within the last few years.
Thus purchasing a ?FLIP? is good for both purchaser and the seller. Buyer gets the benefit of taking more than a very favourable purchase contract and the seller helps you to save money as he doesn?t need to close the deal using the builder.

About Nawel K Seth & Trail Blazers Real estate
Nawel K Seth is the agent of Record of Trail Blazers Realty and owner of art logos ?CondoShop? and ? CondoMasters? in North america.. He specializes in condominium product sales and has been in the Real Estate Brokerage industry for almost 40 years. He keeps multiple Post masteral degrees from reputed University of Gta and can be achieved through any of his / her websites.
Trail Blazers Realty, the developer of the website www.FlipCondos.ca and www.LuxuryCondoHomes.ca has its offices in Markham, GTA Toronto, Ontario, Canada.

If you seeking more information about Toronto Real Estate Condo Agent simply visit our website. Contact information for Nawel K Seth, M.A.Sc; MBA; MVA & Trail Blazers Realty: Tel: 905-660-7999 / Toll free: 1-866-890-1999. Email: info@.FlipCondos.ca or info@LuxuryCondoHomes.ca

HTML Ready Article You Can Place On Your Site. (do not remove any attribution to source or author) <title>Free Article Marketing | Real Estate ?Flip? Could Be Great For Both ? Customers & The Sellers!</title><h3>Real Estate ?Flip? Could Be Great For Both ? Customers & The Sellers!</h3><p>By: </p><p>A lot of investors who bought new condos inside Toronto, Ontario, from your builder and signed arrangements prior to December 31, 2007 are now ready to cash out. <br />Rather than shutting the deal with the builder, some of the original customers would be willing to determine their agreements regarding purchase and purchase to the new buyer. An assignment is where an original buyer markets the purchase contract to another buyer before the closing of the property. The Assignor may be the seller and the assignee may be the buyer who buys the "FLIP" / purchase agreement from the original buyer whom bought the property through the builder. <br />Here here are important points associated with "Flip" and the reasons why substantial preserving can be had by purchasing the agreement of obtain and sale signed between the original customer and the builder. <br />1. If the agreement with the builder was signed Ahead of December 31, 2007 there is NO Toronto Land Transfer Tax for the assignee, only Ontario Property transfer Tax is payable. The assignee will save you thousands of dollars as the Buy Sell New Condo, based upon the price, can total a large sum of money </p><p>2. Builder deals signed just before June 19, 09 were subject only GST and NOT HST </p><p>3. GST transitional rebates associated with 2% (if builder package was signed ahead of May 2, 2007) or 1% (if builder deal was signed prior to October 25, 2007) are available to Assignee given that GST in the contractor price was decreased from 7% to 6% and after that reduced from 6% to the 5%. </p><p>4. In all chance, the assignee will receive the loan for the interest upon deposits from the contractor on final closing which can be a substantial amount of cash. </p><p>5. Some builders provided incentives to the buyers who originally bought from the actual builders and these are generally inherited by the assignee. </p><p>6. Parking and Locker prices have increased substantially -even more than condominiums- within the last few years. <br />Thus purchasing a "FLIP" is good for both purchaser and the seller. Buyer gets the benefit of taking more than a very favourable purchase contract and the seller helps you to save money as he doesn't need to close the deal using the builder. </p><p>About Nawel K Seth & Trail Blazers Real estate <br />Nawel K Seth is the agent of Record of Trail Blazers Realty and owner of art logos "CondoShop" and " CondoMasters" in North america.. He specializes in condominium product sales and has been in the Real Estate Brokerage industry for almost 40 years. He keeps multiple Post masteral degrees from reputed University of Gta and can be achieved through any of his / her websites. <br />Trail Blazers Realty, the developer of the website www.FlipCondos.ca and www.LuxuryCondoHomes.ca has its offices in Markham, GTA Toronto, Ontario, Canada.</p><p>If you seeking more information about Toronto Real Estate Condo Agent simply visit our website. Contact information for Nawel K Seth, M.A.Sc; MBA; MVA & Trail Blazers Realty: Tel: 905-660-7999 / Toll free: 1-866-890-1999. Email: info@.FlipCondos.ca or info@LuxuryCondoHomes.ca</p><p><b>Article Courtesy of</b> Free Article Marketing<br /></p>

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