Real Estate - finances

Managing day to day finances properly takes time, thought, and planning. Many Canadians carry a certain amount of debt as part of their overall financial picture. Owning or renting real estate often requires proper financial planning, in order to determine how much money you’ll need for monthly expenditures, tax payments, and to be able to manage any debt brought on by real estate effectively. Most Canadians cannot afford to purchase real estate by paying for it in advance with one lump sum. There are several forms of real estate financing available, to allow you to pay for your real estate purchase over time and many different providers. A financial adviser or mortgage broker can offer information and assistance regarding the various real estate financing options available. Do you have questions regarding the overall real estate market in Canada? Would you like guidance or information from a financial expert for yourself, a friend or loved one in purchasing real estate? Are you looking for resources within your community to help you manage your financial picture? Kinjunxion is here to help with sources of support and information.

You are not alone. Connect with others who may be going through the same thing, find professional help and resources near you. The Kinjunxion community is here to help.

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Real Estate Finance and Investment Manual

The Complete Guide to Real Estate Finance for Investment Properties

How to Analyze Any Single-Family, Multifamily, or Commercial Property

This practical, real-world guide gives investors all the tools they need to make wise decisions when weighing the value and potential of investment properties. Written for old pros as well as novice investors, this friendly, straightforward guide walks readers step by step through every stage of property analysis. Whether you're buying or selling, investing in big commercial properties or single-family rentals, you'll find expert guidance and handy resources on every aspect of real estate finance, including: * Proven, effective valuation techniques * Finance tips for all different kinds of property * How various financing strategies affect investments * Structuring financial instruments, including leverage, debt, equity, and partnerships * Measurements and ratios for investment performance, including capitalization rates and gross rent multiplier ratios * Future and present value analysis * How the appraisal process works * Primary appraisal methods-replacement cost, sales comparison, and income capitalization-and how to know which one to use * How to understand financial statements, including income, balance, and cash flow * Case studies for single-family rentals, multifamily conversions, apartment complexes, and commercial office space * A detailed glossary of important real estate terminology

Finance for Real Estate Development

Explaining how finances drive each decision in the real estate development process, this helpful industry guide recognizes the complexities and significant risks of each project and illustrates how to reconcile conflicting elements to ultimately achieve success. A 36-year real estate development veteran, author Charles Long shares the practical information and personal insights that he has gained over the course of his career, and weaves relevant real world examples into the text, helping to clarify the principles necessary to effectively manage a project in today’s financial landscape. Ideal both for those starting out in real estate development and experienced professionals who want to learn the theory behind the practice, this book offers a different perspective on making the monetary decisions that are involved in property development projects.

Real Estate Finance in India

The book offers a concise yet comprehensive understanding of real estate finance in India. The central themes of this book are functioning, instruments, and decision analysis related to home loans and residential mortgage banking. These themes are also extended to commercial real estate borrowing and secondary markets. The chapters are organized to offer practically useful and theoretically sound knowledge of real estate finance. Realistic scenarios, examples, expert opinions, illustrations, and, most importantly, hands-on financial exercises are extensively used to offer a concrete knowledge of the intricacies of real estate finance. The book systematically progresses from basic financial concepts to more complex discussions (such as exotic home loan types and their analysis). Beyond solved examples, the book also offers practice problems with answers so that a reader understands the financial instruments. PowerPoint presentations for the various chapters will be useful for instructors. Real estate investors (institutional or individuals), academics, students, professionals, and generalist real estate enthusiasts will find the book useful for their learning and real-life applications.

An Introduction to Real Estate Finance

An Introduction to Real Estate Finance serves as the core of knowledge for a single-semester first course in real estate finance. Unlike other real estate finance textbooks, with their encyclopedic but often stale details, it combines a short traditional text with a living website. The book gives students and professors highly applied information, and its regularly updated online features makes it especially useful for this practitioner-oriented audience. It covers fundamental topics such as accounting and tax, mortgages, capital markets, REITs and more. It also addresses the 2008 financial crisis and its impact on the real estate profession. This text is a valuable companion for students of real estate finance as well as financial analysts, portfolio managers, investors and other professionals in the field. Offers a concise, efficient, "finance-centric" alternative to traditional real estate finance texts Website gives readers the tools to find current information about their own areas of specialization—a unique approach not found in other real estate finance textbooks Gives students and professors the material to examine every subject in broad and highly detailed terms

Real Estate Finance in the New Economy

The financial deregulation of the last quarter century has meantlarge flows of funds around the world seeking the highestrisk-adjusted return for investors. Real estate is now establishedas an important asset class and advances in information technologyprovide the necessary tools to complement global developments inreal estate finance and investment. A variety of investment vehicles have emerged, andReal EstateFinance in the New Economy examines these along withfinancing and risk in the context of globalization, deregulationand an increasingly integrated international world economy byexploring questions like: How have real estate financial structures evolved as economiesgrow and become internationalised? What role do economic change and financial systems play in thedevelopment of real estate investment? Are the risks associated with the ‘new economy’really new? What is the future direction for real estate financing? The authors develop an economic framework for discussions onindividual financial products to examine how real estate financialstructures change with economic growth and internationalisation andalso to show how developments in real estate finance impacteconomic growth.

Real Estate Finance & Investments

The Fifteenth Edition of Real Estate Finance and Investments prepares students to understand the risks and rewards associated with investing in and financing both residential and commercial real estate. Concepts and techniques included in the chapters and problem sets are used in many careers related to real estate. The material in this edition is also relevant to individuals who want to better understand real estate for their own personal investment and financing decisions. The Fifteenth Edition is designed to help students learn how to evaluate the risk and return associated with the various ways of investing and lending. Upcoming students who are interested in this field can use this book as a guide to perform the right kind of analysis to make informed real estate finance and investment decisions.

Essentials of Real Estate Finance

70,000 real estate professionals have been trained by Essentials of Real Estate Finance. This text is a practical resource of finance information that agents can refer to and depend on in their day-to-day business. It provides comprehensive coverage of real estate concepts as well as a detailed overview of the industry. Essentials of Real Estate Finance can help students pass their exams, assist professionals advising clients, or help buyers understand what finance options are available.

Mortgage and Real Estate Finance

Latest Innovations and Opportunities

Mortgage and Real Estate Finance, edited by Stefania Perrucci, gives an in-depth overview of both the primary and secondary mortgage market. It provides a much-needed analysis of the latest innovations in mortgage market, and serves as a crucial guide to taking advantage of the newest distressed market.

Real Estate Finance and Investments

Real Estate Finance

Theory & Practice

The core of this text is based on sound economic and finance principles to promote a greater understanding of how real estate financial markets work. The authors blend theory with practice applying the theoretical aspects of financial economics to explain how real estate financial institutions and markets have developed and evolved to their present state, and why they take the forms they do. Dramatic changes in the real estate financial markets and the impact of major federal legislation that applies to real estate finance (especially residential) are addressed. Direct application using ARGUS? software makes this book extremely hands on giving students practical, real-world experience in real estate analysis.

Real estate finance

Real Estate Investment

Fix and Flip Real Estate

Distressed Real Estate

Real Estate Fix & Flip

Rehabbing Real Estate

Real Estate Financing

Flipping Real Estate

General Topics and Information - Halton Region - Estates Administration and Finding a Will - Halton

For general Information, see Ontario Ministry of the Attorney General website here.

Estate Administration Tax and Estate Information Return:
* For information, see Ontario Ministry of Finance website here
* Estate Information Return Guide
* Estate Information Return Form (if using too old a version of Adobe to open, select 'Open with Different Viewer' near top right of screen, then open or save).

Federal benefits and income tax when someone dies
See Canada Revenue Agency website here.

Preparing a will
* there is no government-issued standard form for wills in Ontario
* some books or kits available at libraries, bookstores and stationery stores have advice and forms, but many advise the hiring of a lawyer
* also see Advocacy Centre for the Elderly's Information about wills here

To find a current will that was prepared in Ontario:
1. It may have been deposited in the Superior Court of Justice Depository
* any testator (the person who makes a will) can deposit a will with the registrar of the court in any Superior Court of Justice courthouse in Ontario
* this is not a complete central registry of wills, it includes only wills which testators have chosen to deposit.
* to request an electronic search, contact any Estates Department of the Civil Office of the Superior Court of Justice (for list of court addresses and phone numbers, see here)
* those who are hearing-impaired may request a search via TTY line at 416-326-4012.
* accessing a deposited will is governed by Rule 74.02 of the Rules of Civil Procedure (see here)

2. If the will was prepared by a lawyer:
* the lawyer should have a copy
* if lawyer is not known, the Law Society of Upper Canada or local legal associations may notify their members that the will of a certain person is being sought
* if lawyer is no longer practising, wills in their possession may have been deposited with the Law Society of Upper Canada, Trustee Services, for more information see here

3. Wills Registries:
Some people deposit their will and other documents related to their estate with a private business that provides a wills registry.

4. If the deceased's personal representative has filed an application for a certificate of appointment of estate trustee with a will at the Superior Court of Justice:
* any person may inspect the file and obtain a copy of the will upon payment of the prescribed fee, unless a judge of the court has ordered the file sealed
* for more information see Ontario Ministry of the Attorney General information here

5. If the will has already been filed with an Ontario court for probate:
* see Archives of Ontario information on How to Find a Will in Court Records here

For Ontario wills filed with the Court of Probate and Surrogate Courts between 1793 and 1970:
See Archives of Ontario information here

Hamilton.Planning & Economic Development Department - Economic Development Division, Real Estate Section - City Hall

Responsible for the management of the corporation's real estate assets and real estate portfolios, which includes the leasing, acquisition, and disposition of properties, site improvements, environmental audits, and the delivery of efficient and effective real estate and property management services.

Oakville Milton and District Real Estate Board

a trade association which operates a multiple listing service (MLS) and provides membership-based services for real estate agents including professional development, technology and advocacy

* serves Oakville, Milton and surrounding communities through more than 1,500 realtors
* champions shelter-based charitable endeavours in served communities

Facility rentals:
* 1 room capacity 48 ( Oakville classroom style)
* 1 room capacity 30 (Milton classroom style)
* 1 room 13-14 (boardroom style) available year round
* must provide own caterer
* liquor permit required
* parking only for facilitator
* kitchenette
* conference phone
* projector
* microphone
* contact Samantha Johnston, Events Specialist for information

Oakville Museum At Erchless Estate

The museum offers guided tours of the Chisholm family home, changing exhibitions, special events and education programs that tell the stories of Oakville.

Permanent exhibits available in French and English include:
* Freedom, Family and Opportunity: Oakville's Black History
* The Underground Railroad: Next Stop Freedom! (30 minute multimedia presentation)

Oakville Museum is comprised of:
* Erchless Estate- historic home of Oakville's founding family, the Chisholms, completed in 1858
* Custom House built in 1856
* Oakville's First Post Office in Lakeside Park built in 1835
* Satellite exhibition space at Queen Elizabeth Park Community and Cultural Centre, 2302 Bridge Rd

For current programs and exhibitions refer to the Oakville Museum website

* designated as a local warming centre during times of extreme cold

Ontario. Ministry of Finance - Hamilton Assessment Office - Central and Western Regional Operations Branch

Assesses all real property for purposes of municipal and school taxation. Undertaken every 3 years to produce voters lists, lists of persons who can be called for jury duty, identification of supporters for schools and demographic statistics.

Oakville Museum At Erchless Estate - March Break & Summer Day Camps

March Break at the Oakville Museum:
* full day activities for ages 6-10 years

Summer Day Camps
Ages 4-6 (half days):
* Mini Museum Explore Fairy Tales
* Mini Scout it Out @ the Museum

Ages 6-9 (full days):
* Museum Motion and Commotion

Ages 7-11 (full days):
* Scout it Out @the Museum!
* The Museum Scene
* Tales from Long Ago
* Museum Material World

Ages 8-12 (full days):
* Museum Curator Camp

For further information refer to the website or the Parks, Recreation and Culture Guide

Burlington. Finance Department - Assessment & Taxation Section - Burlington City Hall

This division of the Finance Department collects property taxes and administers Seniors' grants, charity rebates and vacancy rebates.

For questions regarding property assessment, call the Municipal Property Assessment Corporation 1-866-296-6722

Burlington. Finance Department - Property Tax Reduction / Deferral - Burlington City Hall

Tax Rebate / Reduction
1. Low Income Seniors Property Tax Rebate
* City of Burlington property tax rebate of $ 525 for eligible seniors (see "Eligibility" below)
* application deadline December 31 each year
Contact or see website for more information and application form

Tax Deferrals
Note: using a tax deferral will make homeowner ineligible for tax rebate, and may have impact on other tax credits

1. Low-Income Seniors and Persons with Disabilities Property Tax Increase Deferral
Defers increases in property taxes
* for low income seniors and low income persons with disabilities (see "Eligibility" below)
* a Region of Halton program, administered by the four local municipalities
* allows eligible homeowners to defer property tax increases to keep payments at a constant level as long as the property is their principal residence
* accumulated total of all deferred amounts is paid when property is sold or no longer the applicant's principal residence
* a lien is registered against the property at the time of the first deferral, and applies to all future deferrals
* application must be made annually, on or before 45 days after the mailing of the final property tax bill, which normally occurs in early June
Contact or see website for more information and application form

2. Older Adults Property Tax Deferral Program
Defers the full amount of property taxes for older adults under a certain income
* deferral is interest-free, but a lien is registered against the property
For more details, see full record here

Ontario. Ministry of the Attorney General, Court Services - Office of the Public Guardian and Trustee - Office of the Public Guardian and Trustee - Hamilton Branch

A government agency that protects mentally incapable people, protects the public's interest in charities, searches for heirs for estates which the OPGT administers, invests perpetual care funds, and deals with dissolved corporations.

Ontario. Ministry of the Attorney General, Court Services - Office of the Public Guardian and Trustee - Office of the Public Guardian and Trustee - Hamilton Branch

A government agency that protects mentally incapable people, protects the public's interest in charities, searches for heirs for estates which the OPGT administers, invests perpetual care funds, and deals with dissolved corporations.

Ontario. Ministry of the Attorney General, Court Services - Office of the Public Guardian and Trustee - Office of the Public Guardian and Trustee - Hamilton Branch

A government agency that protects mentally incapable people, protects the public's interest in charities, searches for heirs for estates which the OPGT administers, invests perpetual care funds, and deals with dissolved corporations.

Real Estate Council of Ontario

Regulatory body * sets standards for certification and licensing * investigates complaints