Calculate and Understand Land Transfer Tax

Land Transfer Tax Land transfer tax (LTT) is often overlooked when considering the total cost of purchasing a home. All provinces have a land transfer tax, except Alberta and Saskatchewan, who instead levy a much smaller transfer fee. In most provinces the tax is calculated as a % of property value, using asking price as … Continue reading Calculate and Understand Land Transfer Tax

The top 10 Mistakes New Home Buyers Make

Article Written by  Romana King  on November 21st, 2011 (Still Relevant today) When Karen Somerville and her husband Alan Greenberg showed up for the pre-delivery inspection of their brand new luxury home in Ottawa they were horrified. Electricians, drywallers, plumbers and a variety of other tradespeople were still busy constructing their home and, despite assurances from the … Continue reading The top 10 Mistakes New Home Buyers Make