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Canadian Real Estate Investment Strategies Apprenticeship (CREISA)

Canadian Real estate investment Strategies Apprenticeship, Apprenticeship, Real estate investors, real estate investments

Canadian Real Estate Investment Strategies Apprenticeship (CREISA)

Canadian Real Estate Investment Strategies Apprenticeship (CREISA) is two  day intensive program where each apprentice whether being a novice or a seasonal investor will learn the fundamentals of investing in real estate with minimum liability and maximum profitability.

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Financial Assistance Residences Damaged by Pyrrhotite in Quebec Canada

Financial Assistance Residences Damaged by Pyrrhotite in Quebec Canada Eligibility is very important information. Home owners and Quebec real estate investors can save the headache and money.

Pyrrhotite and pyrite: the differences

“Pyrrhotite is a mineral species composed of iron sulfide and is of a
bronze yellow color, blackening when exposed to air. When it crystallizes in blades, pyrrhotite can produce cracks in the concrete structures.”

“Pyrite is a mineral which is found in stone and produces sulfuric acid when it oxidizes upon contact with humidity and oxygen.
When this phenomenon occurs under foundations, it can cause
the heaving and cracking of the concrete slab.”

(Source: Quebec’s building authority )Quebec

 

Get your copy of
Directory Forgivable Canadian Real Estate Grants
now at
www.GovernmentGrantsCanada.ca

This program grants financial assistance to the owners of
residential buildings whose foundations have been damaged
by the presence of pyrrhotite in order to enable them to get
the necessary work done to ensure the integrity of the
foundations on these buildings.

It applies to a municipality where measures have
been put in place to avoid the risks associated with t
he presence of pyrrhotite in the foundations of residential buildings.

Financial Assistance Residences Damaged by Pyrrhotite in Quebec Canada Eligibility

You may benefit from this program if the following conditions are met:

The residential unit must serve as a principal residence;
The building must have been damaged by pyrrhotite,
or the building’s foundations must contain at least 0.23 % of pyrrhotite;
Work is needed to ensure the integrity of the building’s foundation.
Other conditions apply.

Financial Assistance Residences Damaged
by Pyrrhotite in Quebec Canada Assistance Offered

This financial assistance covers 75 % of the recognized
eligible costs, up to:

$75,000 if the building does not fall under the Guarantee
Plan for New Residential Buildings;
or

$15,000 if the building falls under the Guarantee Plan
for New Residential Buildings, but where the restoration
work on rooms located in the basement is not covered by this plan.
Eligible Work

Financial Assistance Residences Damaged by Pyrrhotite in Quebec Canada Eligible work includes:

Replacement of the building’s foundation, including
elements providing access to the building if they
are integrated into the foundation and, if applicable,
reconstruction of the outside siding;
Restoration of the rooms located in the basement.
Non-eligible Work
Landscape, paving of the driveway or alleyways (pavement, asphalt),
restoration or replacement of wood decks or backyard accessories
(pool, spa, shed) are not eligible under this program.

Financial Assistance Residences Damaged by Pyrrhotite in Quebec Canada

Financial Assistance Residences Damaged by Pyrrhotite in Quebec Canada Program Registration

The Société d’habitation du Québec has allocated the management
of the Program for Residences Damaged by Pyrrhotiteto the
municipalities and regional county municipalities (RCM).

Financial Assistance Residences Damaged by Pyrrhotite in Quebec Canada Steps

You must communicate with your municipality or RCM to see
if you are eligible to the program. They will tell you what
documents you need to submit in order to create your file.
A representative from your municipality or RCM will go visit
your residence to determine what work might be eligible.
A representative from your municipality or your RCM will
set the maximum financial assistance to which you are
entitled, based on the recognized eligible costs and
work execution modalities.

You must wait for authorization from the municipality or
RCM before undertaking the work.

The financial assistance will be paid once the work has been
completed and after an inspector from the municipality or
RCM has checked that the work has been completed as agreed.

Financial Assistance Residences Damaged by Pyrrhotite in Quebec Canada For More Information

Contact your municipality or RCM Cet hyperlien s’ouvrira
dans une nouvelle fenêtre.. If you need any additional information,
contact the SHQ Client Relations Centre.

DISCLAIMER

We believe the information contained in this
article to be accurate.It is presented with the
understanding that we are not engaged in
rendering legal,accounting, or investment advice.
When professional assistance is required,
utilize the services of a licensed real estate
broker, lawyer, accountant,
or other consultant as may be required.

Financial Assistance Residences Damaged by Pyrrhotite in Quebec Canada
Tickets for LIVE CRASH COURSE at http://www.Flipping4Profit.ca

Montreal Home Ownership Financial Assistance Program

Montreal Home Ownership Financial Assistance Program

Are you dreaming of a property in Montréal?

With its many benefits, the Montreal Home Ownership Financial Assistance Program could make your dream more attainable.

Montreal Home Ownership Financial Assistance Program
Get a latest copy of
Directory of Forgivable real estate grants,
rebates and tax credits at 
www.GovernmentGrantsCanada.ca

If you’re buying a property for the first time,
take advantage of:

A lump sum financial assistance when you purchase a new property;
A refund of your “welcome” tax if you are a family with at least
one child who is under 18 and you purchase a new property or
an existing residential building with 1, 2 or 3 above-ground dwelling units;
Easier eligibility to the Ville de Montréal Major Residential Renovation
and Renovation à la carte programs when you purchase an existing
residential building with 1, 2 or 3 above-ground dwelling units.

If you already own a property, or have owned one in the last
five years, you are entitled to receive:

A refund of your “welcome” tax if you are a family with
at least one child under 18 and you purchase a new property
having at least 3 closed bedrooms with windows.
Bonus for families!

Families with at least one child who is under 18 are entitled to receive:

6 months of free public transit on purchase of a one-year
OPUS full-fare pass (one free pass per household);
2 Accès Montréal cards to take advantage of discounts
on many activities offered in the cultural metropolis.

Who is eligible for Montreal Home Ownership Financial Assistance Program

Households who buy a first property
that is a new residential unit;
Families with at least one child under 18
who buy a first property that is an existing
residential building with 1, 2 or 3 above-ground d
welling units;
Families with at least one child under 18 who
already own a property (or have owned one in
the last 5 years) and purchase a newly-built 3-bedroom property.
What type of property is eligible?
The purchase in Montréal of one of the following

types of properties can qualify for financial assistance:

A new residential unit whose total purchase price,
including taxes and extras, does not exceed the stipulated amount;
An existing, exclusively residential building whose
purchase price does not exceed the stipulated amount
and that includes 1, 2 or 3 above-ground dwelling units.
For buildings with 2 or 3 above-ground dwelling units,
at least one of them must be offered for rent on the
date that the financial assistance is paid.

Are there any specific program requirements?

For all property types:

The buyer is a physical person.
Each of the applicants must prove that he/she
has not owned a residential property in Québec
in the last 5 years, including as a result of an
inheritance. Families who have owned a property
in the last 5 years can still get a transfer tax refund
if they purchase a new, 3-bedroom family housing unit.
This 5-year period is based on the dates when the sale
of the previous property and the purchase of the new
one were recorded in the Land register.

To be considered a household with children, the household
must include at least one child who is under 18 years of
age on the date of purchase or who will be born or adopted
within 9 months of that date. In addition, the child must
reside with the applicant at least 40 % of the time.
The date of purchase is the date of registration of the
transaction in the Land register.

Montreal Home Ownership Financial Assistance Program

When the application for financial assistance is made
following the signing of an offer-to-purchase (preliminary contract),
the delay between the submission of the application and the
anticipated date of the transaction (deed of sale) must not
exceed 18 months. Applicants then have 6 months from the
date of purchase to provide all documents required to receive
payment of the financial assistance.

When the application for financial assistance is made on the
basis of a deed of sale, it must be submitted within 6 months
of the date of purchase. Applicants then have 6 months from
the approval of the financial assistance to provide all documents
required to receive payment of the financial assistance.

For new properties:

The applicant must be the first buyer of the property.
The property must not have been occupied before
it was purchased, except by the applicant and only
for a maximum of 12 months before the date of purchase.
The property must be registered under a warranty
program for new homes, provided by a recognized builders’ association.

For existing residential buildings:

The purchase of an existing residential building
that includes 1, 2 or 3 above-ground dwelling units
and that has no other main use, is eligible for financial
assistance. In the case of an existing building with 2 or 3
above-ground units, at least one of the apartments
must be rented out on the date that the financial assistance is paid.
The building must have been constructed or converted
into a residential building for at least 10 years.
The building must not be a divided co-ownership at
the time of purchase, except in the case of an existing
residential building with a single above-ground unit.
In addition, the owner cannot apply for such a conversion
while the application for financial assistance is being processed.

DISCLAIMER

We believe the information contained in this
article to be accurate.It is presented with the
understanding that we are not engaged in
rendering legal,accounting, or investment advice.
When professional assistance is required,
utilize the services of a licensed real estate
broker, lawyer, accountant,
or other consultant as may be required.

Montreal Home Ownership Financial Assistance Program
Tickets for LIVE CRASH COURSE at http://www.Flipping4Profit.ca

Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners

Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners

Ontario Renovates program

The Ontario Renovates program administered
by the City’s Housing Services branch
(“Housing Services”), provides limited funding to
low income seniors and to persons with disabilities
who own their home for necessary repairs and
accessibility modifications to support independent living.

Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners
Eligibility of applicants

Homeowners who are 65 years of age or older
People with disabilities
Families with a household member(s)
who is a senior or person with a disability
may be eligible if property value and income
criteria are also met (criteria listed below)
The income requirements are based on
household size and are described in the table below:

Ontario Renovates income requirements for homeowners

Household Size Maximum Gross Annual Income
One person $36,075.00
Two person $44,160.00
Three person $53,610.00
Four person $64,320.00
Five person $72,510.00
Six person $81,435.00
Seven or more person $88,900.00
Eligibility of property
Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners
Your property may be eligible for the program if it is:

Located in the City of Ottawa;

Valued at or under $408,030 as determined by
the province and verified by the owners most
recent property tax or MPAC assessment; and
Your sole and primary residence.

Eligibility of repairs and accessibility modifications

Your home may be eligible for the program
if it requires repairs and/or modifications to
make it safer, more accessible and more
energy efficient. Examples of acceptable
repairs and modifications include, but are not limited to:

electrical and heating systems including chimneys
doors and windows
foundations, roofs, walls, floors and ceilings
plumbing
septic systems, well water, and well drilling
fire safety
cues for doorbells or fire alarms
ramps, handrails, chair and bath lifts,
height-adjusted countertops
Please note that any repairs or
modifications carried out before the
loan or grant is approved in writing and a
funding agreement is signed are not eligible
and will not be reimbursed.

Scope of funding

The program provides funding in the form o
f a forgivable loan and/or grant for eligible applicants
or participants up to a maximum amount of $18,500:

Grants up to five thousand dollars ($5,000) can
only be used for accessibility modifications to the home.
Forgivable loans up to fifteen thousand dollars ($15,000)
can be used for both accessibility modifications and
essential repairs and must be approved by the
program administration.
The loan will be forgiven if you continue to own
and live in the house for ten (10) years after the
repairs or modifications have been completed.
The amount of the loan is contingent on the total
grant amount taken to equal a maximum of
$18,500 in total funding received by the applicant.
Eligible households can only receive the loan/grant
amount that is verified by quotes for projects.

Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners
Duration of program

Housing Services is accepting applications and will
continue to do so until all funds are spent or
until March 31st, 2018, whichever comes first.

Timelines

Once the Housing Services branch has received
the application, the applicant will be contacted
by letter declaring eligibility or non-eligibility.
Applicants will also be notified if documents are missing.

Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners

Use of funds

Funds awarded can only be used for the purposes
outlined in the Funding Agreement with Housing
Services. If the cost of the necessary repairs or
modifications is more than the maximum amount
of the grant and/or loan provided, you, as the
property owner, may have to cover the additional cost.

Reporting and follow-up

Housing Services may follow up with you annually
to determine if you are the title owner of the property.
If you sell or move within 10 years of receiving a
forgivable loan, you will be required to pay all or a
portion of the loan back to the City.

How to apply for Forgivable Loans Ottawa, Disabled, Low Income Senior Home Owners

Print and complete this application form PDF
opens in a new tab or window [PDF – 162KB]
and provide all necessary documents
Print this checklist PDF opens in a new tab or window
Contact the program at the phone number or
email address below to request an application
package be mailed to you
All applications with necessary documents
must be mailed or delivered to:

City of Ottawa
Housing Services branch
Ontario Renovates program
100 Constellation Drive, 8th Floor West
Ottawa, ON, K2G 6J8
Inquiries

For more information about the Ontario Renovates program,
please call our information line at 613-580-2424 ext. 12300
email Ontariorenovates@ottawa.ca

Using Grants and Tax Credit for Tax Savings​

Grants and Tax Credit for Tax Savings​Senior Homeowner’s Property Tax Grants Ontario

  • This grant helps seniors with the cost of their property taxes.
  • How much money could I receive?
  • You could get up to $500 each year.
  • Use online calculator to see how much money you get
  • Do I qualify?
  • You may qualify for the grant if:
  • you or your spouse/common-law partner paid Ontario property tax in the previous year you meet the income requirements as of December 31 of the previous year, you:
  1. were 64 years of age or older
  2. were a resident of Ontario
  3. owned and occupied your principal residence (or your spouse/common-law partner did).

Grants and Tax Credit for Tax Savings​Child Disability Benefit

If the child is eligible for disability amount and is under 18 then he/she can apply for this kind of benefit.​

Grants and Tax Credit for Tax Savings​Tax (GST/HST) Credit​

Low & modest income people can apply for it after completing the application on the first page of 2015 income tax and benefit return.​

We are also Canadian private hard money lenders. We can offer you multiple solutions to resolve any situation.We can also do short term small private mortgage if required.

We can HELP!!! We also BUY HOUSES. Please call:

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