Trusted Tips and Resources

Trusted Tips & Resources

Robert MacKay Trusted Regina Real Estate Lawyer expert tip on GST & Acreages

It’s an exciting time – the old house is sold, the new one is ready, and all that’s left is the move…..oh wait – not quite yet! There’s all that legal “stuff” to deal with now….signatures….titles to be given…and pages and pages of documents that need to be signed before the key is in your hand!!! And to top it all off – who really knows a good real estate lawyer?

MacKay & McLean provides the professional services of a large Regina law firm, with the intimate attention of a small firm. The legal process can be daunting and overwhelming, but it doesn't have to be. MacKay & McLean is with you every step of the way.

MacKay &  McLean are TRUSTED REGINA LAWYERS


Here Robert shares a tip on GST & Acreages:

When buying an acreage Canada Revenue Agency (CRA) has an administrative presumption that the land in excess of 1/2 a hectare (1.235 acres) is not reasonably necessary for the use and enjoyment of the building as a place of residence. In otherwords, CRA presumes that the excess land does not form part of the residential complex.

However, a taxpayer may be able to establish that the excess land is reasonably necessary for the residential building to properly fulfill its function as a residence. This requires that the excess land be more than simply desirable.

The prior use of the land is also critical in determining whether G.S.T. will be payable. Where the prior use was residential or maybe used as a hobby farm, then it appears that G.S.T. is not payable. If the prior use of the land was commercial, e.g. farming, then it appears that G.S.T. is payable by the Buyer.

For more information see:

 

Depending on the situation, Buyers and Sellers may want to agree in advance on the value of the land in excess of the 1/2 hectare or otherwise how they wish to apportion the G.S.T. Careful consultation should be had between the realtors and/or lawyers involved in the transaction.


For advice, Robert MacKay's team provides professional, personalized service and with their assistance, you can rest assured that your real estate transactions will be handled with the utmost consideration and care.

They  provide a full range of legal services including:

  • Real Estate & Mortgages
  • Wills & Estates
  • Family Law & Divorce
  • Commercial & Corporate Law
  • Litigation & Personal Injury

ROBERT Mackay is your TRUSTED REGINA LAWYERS!

 

Winmar Regina Trusted Regina Disaster Services Experts Explain The Insurance Claim Process

WINMAR® Regina performs restoration services for residential and commercial properties across Saskatchewan. Our crews offer prompt and professional services to help our customers get back to pre-loss life with the least amount of interruption and associated costs as possible. . They are the Regina property restoration specialistsWINMAR IS A TRUSTED REGINA DISASTER SERVICES & REGINA GENERAL CONTRACTOR. In their latest WINMAR® Regina Trusted tip they share a tip on the Insurance Claim Process. 



 The Insurance Claim Process Explained 

WINMAR we do all general contracting services, however, we are particularly well known for specializing in insurance restoration. Dealing with insurance companies is what we do every day. We know the process inside and out. However, more times than not, this is the homeowner’s first insurance claim ever – they have never been through it and don’t know what to expect. 

We are here to help! The following is a typical (and lengthy) insurance claim process:

1) Most homeowners purchase their home insurance from a Broker or Agent – someone who sells insurance. 

Upon experiencing water damage, fire damage or any other type of property damage to your home, you will call your broker to inform them of what happened.

2) Your broker will inform your insurance company. 

Your insurance company will then assign an Adjuster. This can take minutes or several hours, depending on the severity of the claim. In extreme cases, this can even take a day or more.

What can I do in the meantime?
If your home requires immediate attention (i.e. there is water in your basement) feel free to call a trusted restoration company (WINMAR) to get started on what the insurance world calls “loss mitigation” or, simply put, cleaning up to prevent further damages.

3) Your adjuster will contact you to discuss the claim. 

Depending on the insurance company, they will refer you to a restoration company to help clean up the damages. If you’ve already called a company in to help, they will take note of that and confirm coverage. Sometimes your adjuster will want to attend the home to view the damages and determine the next steps.

Note about determining Coverage: under no circumstances can your restoration company confirm insurance coverage. Every policy is written differently and every adjuster interprets your policy differently. Our job as a restoration company is to confirm the cause of loss, report this to the insurance company and your adjuster is the only person who can confirm coverage.

4) Your restoration company will come to your home, view the damages and, if necessary, begin the emergency services portion of your claim. 

The goal of this step is to do the minimal work required to prevent further damages from occurring to your home. i.e. water can lead to mould growth – our job is to prevent this.

5) Once the emergency portion is complete, your insurance company will require quotes for the repair work

Most companies require 2 quotes. Depending on the size of the job, they may require 3. Often they will recommend companies to call, or you can always choose your own.

Homeowner’s choice: Do not feel obligated to use a company your insurance adjuster or broker recommends. They should never “bully” you into using someone you aren’t comfortable with. This is your home, your belongings and it is always YOUR choice as to what company completes the work.

6) Waiting for quotes

This is the step that always frustrates homeowners. It takes time to put together an accurate quote as there are many things to consider. If it is a smaller job, this can take 1-5 days. However, if you’ve had a fire or your finished basement was damaged by water, this can take 7+ days. If 3 companies are required to quote, you now have to wait for all of those companies to get the paperwork done. Is there flooring involved? The insurance world uses a special system for determining flooring values, called ICC. This means samples of your flooring have to be sent away to Toronto for evaluation. Depending on what part of the country you live in, this could take 3+ days for turnaround. After the values are determined, they have to be sent to an ICC-certified flooring vendor to provide an ICC quote. Restoration companies have to coordinate this and wait for results before they are able to submit their estimate. We ask for your patience during this process. Please feel free to call your restoration company anytime and ask about the status of your quote. You should always receive a friendly answer.

7) Once all of the quotes have been submitted to your insurance company, your insurance adjuster will contact you to discuss your options

This isn’t always the same day the quotes are received. If we have submitted the quote, it is out of our hands until you talk to your adjuster. You have several options at this point, which your adjuster will describe to you.

8) Your insurance adjuster will often approve the lowest quote, regardless of who the company is. 

This is where your homeowner choice comes in. If the lowest quote isn’t the company you want, you don’t have to use them! However, your insurance company will only pay that amount. If there is a difference between what the insurance is willing to pay and what the restoration company you want has quoted, you will be responsible for the difference. Ask your preferred restoration company if they are willing to match the approved dollar amount, or if they are willing to lower their quote at all to make it more reasonable for you. Often the quotes are just a fraction apart from each other. Forming a good relationship with your restoration company of choice will help you immensely at this stage. Sometimes paying a small amount of money out of your pocket is worth it to have a company you trust working in your home.

9) Meet with your restoration company at your house. 

This gives both you and the restoration company the perfect opportunity to discuss the entirety of the job. Time frames, schedules, colour choices etc. can be discussed at this time. Also, if there are any changes you’d like to make or extra work you want completed at the same time, this can be brought up now. Also, make sure to discuss their warranty policy. Do they have one? How long is it? What does it cover? Things to consider: How long have they been in business? Can they back up their warranty? Are they part of a larger organization? These are all good questions to ask.


10) Deductibles

Despite popular belief that you will have to pay your deductible to your insurance company, most likely you will need to pay this to your restoration company. Typically the insurance adjuster will deduct your deductible amount from the restoration company’s invoice amount, leaving an outstanding balance payable to your restoration company. Discuss this with your restoration company of choice prior to work starting. Many restoration companies require this amount before starting work. Ask if there is anything you can do to help minimize this cost. Maybe you’re willing to allow them a sign in your yard, or to do some of the work yourself.

11) Getting The Work Done

After you’ve picked your restoration company and the amount has been approved, work starts! This is an exciting time for homeowners, they start to see some real progress on putting their house back to the way it was. Your restoration company will work with you to schedule all of the work that needs to be completed. There will be things you will need to do, like choosing flooring, paint colours, cabinets, etc. The faster you can make these choices, the faster work can continue.

12) Job Complete! 

Do a happy dance in your newly restored home and smile. If you’re satisfied with the work, find your restoration company on Facebook and/or Google and leave a positive review. Handwritten cards & letters of reference are always appreciated as well. The insurance industry is a tough and often disliked industry, you’d be surprised how a small “thank you” or “job well done” can change someone’s day.

What if you’re not satisfied? 

Always call your restoration company first. Give them the opportunity to make things right. If you’re having trouble with your contact, ask for the manager or boss. If you are still having difficulty getting things corrected, call your insurance adjuster. Often a phone call from them will get the ball rolling back in the right direction.

Start to Finish, this process can take anywhere from 30 days to 6+ months. It can be frustrating trying to deal with all of the steps and people involved, and waiting for things to happen is always the worst part. A good restoration company will understand that you didn’t plan for this to happen and will accommodate you so you have as little disturbance to your life as possible. Finding a company you are comfortable with is your best bet to a satisfactory result.

Open communication, honesty, & integrity are 3 rules we live by here at WINMAR. If you’re experiencing an insurance claim & damage to your home or business, please give us a call!


WINMAR® Regina's experienced and certified staff provide full-disaster service restoration for all types of loss:

With their 24 hours a day, 7 days a week, 365 days a year service they always come through for you. See more services by clicking on the show more info button below. They also offer full general contracting services to Regina and the surrounding area.

General Contractor Services include:

  • Renovations
  • New Constructions

WINMAR® knows what it takes to satisfy its customers.

'WINMAR® Coming Through For You!'

Winmar is a Trusted Regina Disaster Services, Abatement Specialist and  Regina General Contractor

Winmar your Trusted Regina disaster services experts share a tip on the Esporta Wash System

WINMAR® Regina performs restoration services for residential and commercial properties across Saskatchewan. Our crews offer prompt and professional services to help our customers get back to pre-loss life with the least amount of interruption and associated costs as possible. . They are the Regina property restoration specialistsWINMAR IS A TRUSTED REGINA DISASTER SERVICES & REGINA GENERAL CONTRACTOR. In their latest WINMAR® Regina Trusted tip they share a tip on the  Esporta Wash System. 



Esporta Soft Content Cleaning System

The © Esporta Wash Systems can be used in a number of situations including fire/smoke contamination, sewage contamination, or flood contamination. The © Esporta Wash Systems can handle all of these challenges and more. Shoes, jackets, and even sporting equipment can be rescued. Treasured family items that would have previously been destined for a landfill are now being returned to their rightful place in the family home.

The ES-3300 © Esporta Wash Systems is more than just a washing machine; it is an innovative washing process using a patented system of hydraulic pressure cleaning combined with a specific blend of detergents to effectively disinfect soft contents, personal protective gear, and all types of sports equipment. The machine works on the basis of hydraulic pressure as opposed to the agitation method used by traditional washing machines. All detergents used are hypoallergenic and phosphate-free.

Our certified © Esporta Wash Systems operators select one of the pre-programmed wash recipes depending on the type of items and degree of contamination. Esporta’s patented cleaning process holds items in place while forcing them through the water which has been laden with specialized cleaning and disinfecting agents. This combination of patented technology, recipes, and environmentally-friendly chemistry allows operators to duplicate the results achieved in laboratory studies and successfully clean and disinfect your soft contents.

Over 15 independent laboratories have proven that the © Esporta Wash Systems is more effective than traditional cleaning technologies in laundering soft contents, killing bacteria, and removing both organic and inorganic contaminants, while minimizing the impact on colourfastness, wear life, and optimal brightness retention. 

These independent laboratory reports have verified the following:

  • Organic and inorganic contaminant removal exceeding 99%.
  • Negligible deterioration in the physical properties (colourfastness, wear life, fabric strength, and brightness retention) of the fabrics over repeated washes.
  • Cleaning efficiencies are five times more effective than traditional top loading or front loading washing machines.
  • Negligible fabric shrinkage.
  • Alternative, if not a preferred method of cleaning to dry cleaning.
  • Uses 35% less water on a per-pound basis than traditional washing machines.                                                    Before & After

 

  




WINMAR Regina's experienced and certified staff provide full-service restoration for all types of loss;

With their 24 hours a day, 7 days a week, 365 days a year service they always come through for you.


WINMAR IS A TRUSTED REGINA DISASTER SERVICES & REGINA GENERAL CONTRACTOR

 



Winmar Regina Trusted Regina Disaster Services Offer Cleaning Services When Disaster Strikes

WINMAR® Regina performs restoration services for residential and commercial properties across Saskatchewan. Our crews offer prompt and professional services to help our customers get back to pre-loss life with the least amount of interruption and associated costs as possible. . They are the Regina property restoration specialistsWINMAR IS A TRUSTED REGINA DISASTER SERVICES & REGINA GENERAL CONTRACTOR. In their latest tip, they share information on their post disaster cleaning services.



When Disaster Strikes

Whether you have a small amount of mould in your bathroom or an underground tank of oil that is leaking into the ground, your local Winmar office will be able to assist you with any clean-up necessary. Our crews adhere to all legislation to ensure that proper procedures are followed. The safety of you and your family, as well as our staff – is important to us.

Winmar Can Clean Up Pretty Much Anything!

Including but not limited to : 

  • Oil Spill
  • Sump Pump Failure
  • Biohazard
  • Lead Abatement
  • Mould Remediation
  • Radon Remediation
  • Odour Removal
  • Residential Cleaning
  • Commercial Cleaning
  • Asbestos Abatement
  • Industrial Cleaning
  • Furniture Cleaning
  • Furnace & Duct Cleaning
  • Esporta Wash System
  • Fireline System
  • Pet Feces Removal
  • Rodent Feces Removal
  • Bed Bug Abatement
  • Trauma Scene Clean-up
  • Waste Disposal
  • Boat Interior Cleaning
  • Boat Deodorizing
  • Dry Ice Blasting
  • Media Blasting
  • Soda Blasting
  • Carpet Cleaning 

 

WINMAR Regina's experienced and certified staff provide full-service restoration for all types of loss;

With their 24 hours a day, 7 days a week, 365 days a year service they always come through for you.


WINMAR IS A TRUSTED REGINA DISASTER SERVICES & REGINA GENERAL CONTRACTOR



Trusted Regina Real Estate trusted tip on It's The Price That Sells a Home


 The Price That Sells a Home: 

As much as we all have an emotional attachment to our own homes and there is an inherent value to us because of the history created in there and maybe the blood sweat and tears that we put into creating a home, not just a house, unfortunately, that doesn't add value to a buyer when it comes time to sell. Selling your home can be an emotional process but when it actually comes to negotiating the sale the emotion has to be removed and it becomes simply a business transaction that is about dollars and cents....or actually hundreds of thousands of dollars! 

There are many factors that affect a sale price including specifics about location, floorplan, curb appeal, interior decor, etc.....but as it is well said in this article, at the end of the day it's about the price and value. Market Value quite simply stated is what someone is willing to pay for your property on any given day.

You've heard the old saying - "Location, location, location."

The real truth is "Location, condition, and price." And price trumps every other factor.

Location affects the value of a home, but it's price that sells a home.

Oceanfront, mountainside, or penthouse, the most desirable location in the world won't sell at the wrong price.

Every property has a potential buyer, but like rock, paper, scissors, it's sometimes hard to know which factor is going to win the showdown.

A good location will sell at a fair price. A bad location will sell at a fair price, too. It just won't be as high as it would be for a good location.  

A home in good condition will sell for a fair price. A home in poor condition will also sell at a fair price. Again, it won't be as high as a comparable home in better condition.

But neither location or condition will sell any house. Only one thing does that - price.

So if you're a seller waiting for that "special buyer" who will appreciate your faded pink and black bathroom tile, your vintage orange shag carpet and is willing to help you put your kids through college because of your real estate prowess, you're going to have a long wait.

So if your home is represented by an agent, and it's been on the market for a long time, chances are it's your own fault.

Maybe you didn't listen to your agent when he said you're pricing your home above the market. Maybe you got mad at the first few folks who looked at your home and didn't make offers.

When the showings stopped completely, maybe you accused your agent of not doing a good enough job.

You put the blame on everyone except where it belongs - on you. It's not about you, what you want, or how much you need for your retirement.

It's about the price.


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