Sold a Home? Know Your Tax Obligations

Sold a Home? Know Your Tax Obligations

Q: We recently sold a home, is there any tax obligations we need to know at this time of year? A: When you sell your own home (or principal residence) you usually don’t have to pay tax on any profit from the sale. But what you might not know is that even if you are...
Firm or conditional offer: what’s right for you?

Firm or conditional offer: what’s right for you?

Q: We are house hunting this spring and conventional wisdom tells us we should make our offer to purchase a home conditional upon certain terms – that the home pass a home inspection within five business days of the offer, for example. But what about in a competitive...

Important News

Effective July 22, The Bank of Canada has lowered the benchmark rate used to qualify your mortgage from 5.34% to 5.19%. This means you can qualify for a larger mortgage.

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