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ALTA: Protecting property rights with title insurance

Housing Wire

For most real estate industry professionals, title insurance needs no introduction. A trusted product , title insurance has been used to protect real estate transactions and property rights for over a century. Title insurance is different than most other insurance products. Diane Tomb, ALTA CEO Contributor.

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First-Time Homebuyers Incentive Changes: What You Need to Know

D Fritz Appraisals

Your mortgage must also be eligible for mortgage insurance through Canada Guaranty, CMHC or Sagen (previously known as Genworth.) . The mortgage insurance premium is based on the loan-to-value ratio of the first mortgage only. If that home’s value increases to $300,000, your payback will be 5% of the current value (or $15,000.).

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How to Avoid Capital Gains Tax on a Home Sale

Will Springer Realtor

By Jeffrey Steele Most homeowners aim for a substantial increase in home value – and many are achieving it when they sell their primary address. That’s why you should document the cost basis of your home over time. To calculate the cost basis of their homes, owners typically start with the purchase price.