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Financing, Mortgages and Insurance What options are best for you and your situation?


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  #201  
Old 2011-01-25, 09:54 PM
alyna
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Originally Posted by TorontoPrototypes View Post
where is the online petition, we need it, lets not sit back and take this, I can barely afford to pay my bills now.
me too ^_^
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  #202  
Old 2011-01-25, 11:31 PM
Yume Yume is offline
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An online petition is not worth the paper it is printed on. Send your own e-mail to McGuinty, and copy your MPP. Look here for contact info: http://www.ontla.on.ca/web/members/m...s.do?locale=en

You can also call your MPP and ask for a meeting on this.
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  #203  
Old 2011-02-08, 09:21 PM
newhomebuyer newhomebuyer is offline
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Default Question about HST rebate

Hello,

I am about to put an offer on a new build home, but something about the HST confuses me.

I read on the government websites that should be an Ontario new home HST rebate that I should qualify to get back if i file the forms in (or my builder does it for me).

I asked the sales at my potential builder about this HST rebate and they said they dont know anything about this. Further more, they contacted their lawyer and explained that if i was to qualify for this rebate, i was required to pay this rebate all back to the builder.

I was not too thrilled of hearing that, and this info was not on the government website anywhere.

Can anyone confirm for the truth about HST rebates, and can i still get a rebate, and ultimately, do i get to keep the rebate?

Thanks!
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  #204  
Old 2011-02-08, 10:39 PM
Yume Yume is offline
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Most builders (at least in Ottawa), factor in the rebate in their listed price. This gets adjusted when you ad the upgrades, but the idea is this

Listed price = home price + HST - Rebate.

Therefore, the sales contract assigns the rebate to the builder, and if for any reason you don't qualify for it, you have to pay the builder extra.

If you want to keep the rebate, you just have to pay the builder the full price for the house.
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  #205  
Old 2011-02-08, 11:41 PM
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GregS GregS is offline
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I don't think you are going to find a builder that does not claim this back and build it into the price of the home. You will have something in your purchase agreement regarding that.

I am very surprised the sales agent was not aware of that as the same thing was happening with the GST rebates for the last 8+ years.
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  #206  
Old 2011-02-09, 12:29 AM
newhomebuyer newhomebuyer is offline
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Thanks for the quick replies.

As a new home buyer, i didnt know these little details and even the listed price of these homes it said "HST included" but did not say anything about the HST rebate.

The sales lady did not even tell me this info right away. She had to get confirmation by the builder's lawyer and even her answer did not sound as clear as yours.

So basically, i wont get any rebates. Darn...
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  #207  
Old 2011-03-07, 09:33 AM
Alta_Danny Alta_Danny is offline
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I say this as a Liberal .. Do not vote McGuinty .. plain and simple.

Health Tax
Hydro costs
HST
Health Care deterioration
Public School System atrophy

Unfortunately we have a provincial opposition that is in total disarray with Hudak making sounding more un-professional by the day
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  #208  
Old 2011-03-17, 06:14 AM
sadmemories20 sadmemories20 is offline
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Everything will go up significantly, blowing our budget to shreds. Only in Canada would they introduce something like this when we are knee deep in recession.
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  #209  
Old 2011-03-17, 07:56 PM
oakvillehomeowner oakvillehomeowner is offline
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Originally Posted by sadmemories20 View Post
Everything will go up significantly, blowing our budget to shreds. Only in Canada would they introduce something like this when we are knee deep in recession.
you're talking about harper now, right?
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  #210  
Old 2011-03-17, 09:45 PM
Mark & Lynda Mark & Lynda is offline
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Quote:
Originally Posted by Alta_Danny View Post
I say this as a Liberal .. Do not vote McGuinty .. plain and simple.
Ontarians have a short memory which gave McGuinty second term 4 years ago when we had choice. Now we have none. Hold your breath for another 4.
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