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Blog by Frank Mihal

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Frank Clears things up in regards to re-sale properties the HST!

Fraser Valley Real Estate Video Blog #54 - February 12th 2010

Frank Clears things up in regards to re-sale properties the HST!

Frank Mihal video blogs after a conversation with another Realtor in his office Jamie Hucul ( http://www.jamiehucul.com ) about the misconception of the upcoming HST with respect to re-sale properties. They are getting many phone calls from people frantic to start purchasing because of the upcoming HST (people who are looking at purchasing re-sale properties). To clear things up, there will be no HST on re-sale properties, only on new construction! The only thing HST will affect will be Realtor commissions (will now be plus 12% HST instead of the current 5% GST) paid by the sellers. For you home buyers out there, unless buying new, it will be business as usual! If you have any questions or comments, feel free to contact Frank at  http://www.frankmihal.ca