Sara Kareer Century 21 Millennium Inc Brampton Mississauga Vaughan Real Estate

BONUS Air Miles:

Did you know??

In addition to earning up to 1500 Air Miles, you can also receive an EXTRA 121 BONUS Air Miles when you buy or sell with me from February 1 to April 30, 2009....make it count!

Call me today for the exciting details!

Sincerely,

Sara Kareer
Sales Representative
Century 21 Millennium Inc., Brokerage

(tel) 905-450-8300
(toll-free) 1-888-450-8301
(web) www.SaraKareer.com
(web) www.century21.ca/sara.kareer

Home Renovations:

In order to encourage consumer spending, the Federal Government is offering Homeowners various incentives...the following article was published by Canwest News Service/National Post, Janice Tibbetts:

OTTAWA -- Canadians who want to sod their lawns or renovate their bathrooms will get a tax break worth up to $1,350 as a key plank of the government's effort to inspire spending.

For a certain sector of consumers, 2009 could become the year of the reno, following the announcement Tuesday of a Home Renovation Tax Credit Tax Credit that lets taxpayers claim 15% of their fixups until Feb. 1, 2010.

"The HRTC will provide a temporary incentive for Canadians to undertake new renovation projects or accelerate planned future projects," the budget documents said, "thus providing timely stimulus to the Canadian economy while boosting energy efficiency and the value of Canada's housing stock."

The government said the incentive is expected to provide about $3-billion in tax relief to some 4.6 million families. The credit, which is available for homes and cottages effective immediately, is designed to boost construction, forestry and other industries.

Taxpayers can claim renovations on their 2009 tax returns on costs over $1,000, but not exceeding $10,000.

The home renovation program would appear to involve considerably less red tape than some existing initiatives that encourage investment in the home. Programs that involve rebates for investment in the energy efficiency of a house, for example, require a government auditor to approve the changes made to a home to ensure energy efficiencies have been realized.

The HRTC, however, simply requires homeowners to apply for the tax credit, directly on their income-tax returns. The only demand is that the taxpayer save the appropriate receipts in case of a future audit by Revenue Canada.

It also, though, means contractors will have to produce invoices for jobs such as backyard landscaping or basement refinishing -- work that Finance officials yesterday noted is often conducted on a cash basis, with no paperwork produced.

The list of eligible expenses includes renovating kitchens, bathrooms or basements; new carpeting or flooring; building additions, decks, or retaining walls; installing furnaces or water heaters; interior and exterior painting; or driveway resurfacing.

Routine maintenance does not qualify. Such things as new furniture, appliances, tools, carpet cleaning and snow removal are excluded.

Also on the home front, the government will put an extra $300-million over two years into energy retrofits, raise to $25,000 the amount first-time homebuyers can borrow from RRSPs, and provide up to $750 in tax relief to help with their purchases.

Week in review (November 9 to November 15, 2008)

Here is a brief synopsis of the week in review for the Brampton/Mississauga Real Estate market:

- 509 new listings came onto the market (an increase of 15.16% over the previous week)

- 198 homes were sold during the week (an decrease of 14.29% over the previous week)

- 248 homes underwent a Price Change (an increase of 27.84% over the previous week)

- 381 listings Expired/Terminated or were Suspended (a increase of 2.14% over the previous week)

Please contact me with any questions or comments about the Brampton or Mississauga Real Estate Markets.

Thinking of Buying or Selling? Please feel free to call me with any of your questions.
I'm here to help.

Sincerely,

Sara Kareer
Sales Representative
Century 21 Millennium Inc., Brokerage

(tel) 905-450-8300
(toll-free) 1-888-450-8301
(web) www.SaraKareer.com
(web) www.century21.ca/sara.kareer

Today, November 11, 2008 is the 90th anniversary of the end of World War I (1914-1918).


Today, on the 11th day of the 11th month at the 11th hour, take time to remember and commemorate the brave Soldiers who served and died for our country in conflicts around the world.


Today, we remember the following poem written by Colonel John McCrae, that symbolizes the sacrifices of the Soldiers serving in World War I :

In Flanders Fields

In Flanders fields the poppies blow
Between the crosses, row on row,
That mark our place; and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below.

We are the Dead. Short days ago
We lived, felt dawn, saw sunset glow,
Loved, and were loved, and now we lie
In Flanders fields.

Take up our quarrel with the foe:
To you from failing hands we throw
The torch; be yours to hold it high.
If ye break faith with us who die
We shall not sleep, though poppies grow
In Flanders fields.

Sincerely,

Sara Kareer
Sales Representative
Century 21 Millennium Inc., Brokerage

(tel) 905-450-8300
(toll-free) 1-888-450-8301
(web) www.SaraKareer.com
(web) www.century21.ca/Search/Directory/sara_kareer

Did you know...

The city of Brampton, the Flower City, has recently won the 2008 "International Communities in Bloom" title. Every year, cities from around the world compete for this coveted title.

International judges traveled around the city judging it in eight criteria which included:

1. floral displays;
2. turf and groundcover;
3. environmental awareness;
4. community involvement;
5. tidiness;
6. landscaped areas;
7. natural and cultural heritage conservation; and
8. tree and urban forest management.
   

Congratulations to Brampton and all its residents!

Call me today if you're looking to make a move to the Flower City!

Sincerely,

Sara Kareer
Sales Representative
Century 21 Millennium Inc., Brokerage

(tel) 905-450-8300
(toll-free) 1-888-450-8301
(web) www.SaraKareer.com