Ridout Barron

800-539-1377
587-315-8454

Real Estate Archives

Homebuyers’ heartfelt letters persuade homeowners to sell

In an era of high demand and higher bids for homes, buyers who write warm personal letters to sellers often win the bidding war and buy the house they want. This is a growing trend that some realtors say ‘must’ be part of an offer if a buyer wants to have any hope of purchasing the property.

Beware of capital gains tax when buying a non-resident’s property

Buying a house is very expensive. Paying capital gains tax to the Canada Revenue Agency (CRA) is the last thing a purchaser wants to do. But this happens when purchasers buy property that is owned by a non-resident of Canada without working with a lawyer experienced in these types of transactions.

Alberta real estate has lowest land-transfer taxes in Canada

There are many hidden costs involved in purchasing a property. One of these is land-transfer taxes, which can be extremely high in hot real estate markets like Toronto and Vancouver. A recent nationwide comparison of 25 major Canadian real estate markets found that the Alberta cities of Calgary and Edmonton had the lowest land-transfer taxes from sea to sea.

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Ridout Barron
1827 14th Street SW
Calgary, AB T2T 3T1

Phone: 587-315-8454
Fax: 403-271-8016
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