Article View: ott.housing
Article #33Re: houses for sale
From: Vijay Aggarwal
Date: Wed, 14 Nov 2001 19:28
Date: Wed, 14 Nov 2001 19:28
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4704 bytes
I DONOT THINK ANY BODY PAYING TO BUYING A HOUSE IN CANADA THOSE DAYS MIGHT COME SOON Elat Lerner wrote: > Vijay Aggarwal (vijay.aggarwal@home.com) writes: > > u donot pay comm.when u buy the house, seller pay to agent for selling the > > house. > > Not necessarily. > > If the seller(vendor) pays then all agents involved work for the > vendor. So if you are the buyer, and you have an agent show you > properties, get you to make an offer, etc., that agent is really > working for the vendor. It is his job to get the vendor the best > price possible. > > OTOH if you pay the commission to your agent as a buyer, then > the agent will be looking after your best interest. Trying to get > you the best deal for the least amount of money. > > Since you are paying commission anyway (if you are the buyer it > is built into the price), you may as well pay it directly and > benefit from working with an agent that is working for you. > > > Mike wrote: > > > >> If you are only going to need the house for a short period of time > >> (probably 4 years or less) it makes more sense to rent than to buy (except > >> maybe in housing markets like Ottawa has been in the past few years where > >> property values have skirocketed in short periods of time). > >> > >> If you buy/sell you have to pay real estate agent commission, land transfer > >> tax, lawyer fees x 2, etc. Not to mention that most of your mortgage > >> payment is interest and not principle. > >> > >> There can also sometimes be income tax advantages to renting as opposed to > >> buying; if you buy and then sell a home and it isn't your primary > >> residence (i.e. you have another house somewhere else that is), you have to > >> pay capital gains on the profit from the sale. > >> > >> Mike > >> > >> dlevangie@home.com (DL) wrote in <3be51b9b.1212782352@news>: > >> > >> >If someone ever gets to the point where they are paying 4000 in rent > >> >then it is crazy to dump that kind of money into nothing...why not > >> >build some equity somewhere....that is all I meant.... > >> > > >> >On Sat, 27 Oct 2001 14:25:31 GMT, anon@xnews.com (Mike) wrote: > >> > > >> >>Actually it might be reasonable considering the size/value of the home. > >> >> A $80K apartment probably rents for $1000/month; why wouldn't a $320K > >> >>home (worth 4x more) rent for $4000/month (4x more). > >> >> > >> >>That being said, I don't know the vendor or the home so have no idea if > >> >>the house is worth that much if it is, it's probably in the right > >> >>range. How much would you expect to pay for a large deluxe home? > >> >> > >> >>Just my 2cents > >> >>Mike > >> >> > >> >> > >> >> > >> >>dlevangie@home.com (DL) wrote in <3bdaa26d.526295793@news>: > >> >> > >> >>>I'd like to rent the one for $3900.00 a month please....NOT... > >> >>> > >> >>>Sorry but that is nuts.... > >> >>> > >> >>> > >> >>>On Sat, 13 Oct 2001 09:44:50 -0700, "ne1943@hotmail.com" > >> >>><ne1943@hotmail.com> wrote: > >> >>> > >> ... (msg deleted) > >> >>>> > >> >>>> > >> >>>> > >> >>>> > >> >>>> > >> >>>> > >> >>>> > >> >>>> > >> >>>> > >> >>>> > >> >>> > >> >>> > >> >> > >> > > > > > -- > Donate blood > http://www.bloodservices.ca/Ontario/Ottawa/index.html
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: fbcc1,5a86db0952e6cb4f X-Google-Attributes: gidfbcc1,public X-Google-Thread: 104d3a,dfbbc1c036124ef X-Google-Attributes: gid104d3a,public X-Google-Thread: f71c6,5a86db0952e6cb4f X-Google-Attributes: gidf71c6,public X-Google-ArrivalTime: 2001-11-14 11:28:23 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!news1.google.com!sn-xit-02!supernews.com!newsfeed.direct.ca!look.ca!newshub2.rdc1.sfba.home.com!news.home.com!news4.rdc1.on.home.com.POSTED!not-for-mail Message-ID: <3BF2C693.E489BA1B@home.com> From: Vijay Aggarwal <vijay.aggarwal@home.com> X-Mailer: Mozilla 4.75 [en] (Win98; U) X-Accept-Language: en MIME-Version: 1.0 Newsgroups: ott.housing,tor.housing,can.construction Subject: Re: houses for sale References: <3BC86F82.62ECCCAD@hotmail.com> <3bdaa26d.526295793@news> <914762536anon.xnews.com@24.9.0.19> <3be51b9b.1212782352@news> <914F6EF27anon.xnews.com@24.9.0.19> <3BF06C75.BA37D012@home.com> <9ssjpk$j6g$1@freenet9.carleton.ca> Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Lines: 95 Date: Wed, 14 Nov 2001 19:28:21 GMT NNTP-Posting-Host: 24.156.104.20 X-Complaints-To: abuse@home.net X-Trace: news4.rdc1.on.home.com 1005766101 24.156.104.20 (Wed, 14 Nov 2001 11:28:21 PST) NNTP-Posting-Date: Wed, 14 Nov 2001 11:28:21 PST Organization: Excite@Home - The Leader in Broadband http://home.com/faster