Tag Archives: CRA

We buy houses, Flipping, Flipping houses, Flipping houses for profit, Real Estate Investors Training, Canadian Real Estate Investors, Canadian Real Estate Investments, Canadian Real Estate, Real estate training, Real estate seminar

We Buy Houses

Posted on by

We buy houses in Canada is very helpful for those property owners who need cash and a fast closing. We buy houses in Canada is facilitated by professional real estate investors group (PREIG) Canada members who have proper training, coaching and resources.

You have probably seen the advertisements about Canadian real estate investors who buy houses for all cash with fast closing to accommodate the needs for the sellers. You may have thought to yourself what kind of business is buying houses? There are actually many reasons for people to purchase houses in Canada, and just as many reasons for people to sell their houses.

When we buy houses in Canada, we repair the house then sell it for a profit. We can also do it for a much cheaper price as construction companies will provide discounts to people who give them a lot of work. When the repairs are done, the house is sold, and we rinse and repeat. It is called fixing and flipping houses in Canada.

So now you might be wondering why a property owner in Canada would sell their home to Canadian real estate investors for discount price. There are several reasons for that due to circumstances beyond their control. Deaths, divorce, sickness, loss of job, depression, desperation, drugs and alcohol are a few of the reasons where a property owner becomes a panic seller.

The reason we buy houses in Canada is because some people are in dire need for quick cash due to foreclosure, power of sale, delinquent payments, tax arrears, judgements, liens and or property requires a lot of repair or updating.

Get a Fair Cash Offer

Sometimes it is because someone got a job and needs to move elsewhere. Other times a couple gets divorced and selling the home allows quick liquidation of assets.

Canadian homeowners can sell their homes to Canadian real estate investors because they do not want to deal with the long process of going through a real estate agent. It costs a lot of money to hire an agent, and with all of the repairs, and the commission the agent gets will make a deep cut in the owner’s profits compared to a cash buyer.

Canadian home owners selling their home privately may not be the best choice. They have to make many repairs, allow strangers into their home and it is much easier to just sell to a cash buyer. We buy houses in Canada by simply giving the owner cash and taking the property. It is very simple and there are no hassles or fees at all.

When the Canadian homeowner wishes to sell their house to a cash buyer they can call them to see the house. The Canadian real

Sell your house for cash

If you suddenly want to sell your home, there are many benefits to selling it to a cash buyer.Real Estate investor will look at the house and make an offer, when both parties agree with the price they will set a closing date. The investor or their lawyers will make all the paperwork. In total this process may only take a few days.

The biggest reasons of using a Canadian real estate investor are:

  • You don’t need to put the house on the market on your own
  • It is much slower selling it through an agent
  • You do not need to pay any commission
  • You do not need to wait for anyone to qualify for a loan
  • You can avoid foreclosure and power of sale
  • You can avoid bankruptcy or consumers proposal
  • You do not need to make appointments with buyers
  • There are no closing costs or very late closing dates
  • We buy houses in Canada “as is” and “where is”
  • No need to repair
  • Fire, water or wind damamge properties
  • Leaky basements
  • Bad tenants
  • Property needs repair
  • Estate sale
  • Tax sale
  • Auctions
  • Relocation services
  • Partner buys out
  • Stigmatized properties
  • Ex grow op
  • Ex meth labs
  • Haunted Houses
  • Short of cash to finish repairs
  • Personal problems
  • Drugs, addiction or sickness
  • Need cash now
  • Travel
  • Family problems
  • Anything else–urgency

We buy housesOverall selling to a Canadian real estate investor is the best option; it doesn’t involve a middleman and finishes much quicker. Using a cash buyer allows the home owner to go about their life much faster than if they used an agent or tried to sell it on their own. This is why we buy houses in Canada.

Serving Canadians who must sell their property now.

We can HELP !! We also BUY HOUSES. Please call:

Contact Information

P.S. Success isn’t a matter of chance, it’s a matter of choice. So it’s up to you to make the right choice to become successful. If you don’t know what to do it starts with making the choice to register for this LIVE real estate investors training in your town now and making sure you make the right choice to SHOW UP!!! Learn more to earn more!

Are you a Canadian real estate Investor? Join Canada’s largest real estate investors club now.

]We buy houses

Fill the form below or please text us at 1-416-409-7300 especially facing eviction, seizure, power of sale, foreclosure..

In case of emergency please call or text +1(416) 409-7300

Buying or Selling a Home in Canada

Posted on by

Buying or Selling a Home in Canada

Tax Tip: What you should know
News Room | Canada Revenue Agency | February 02, 2017 15:57 ETOTTAWA, ONTARIO- If you bought your home in 2016 or plan to buy a home, the Canada Revenue Agency (CRA) has information that may help you.

Buying or Selling a Home in Canada Principal Residence Exemption

Sold your principal residence in 2016? File a tax return and claim the principal residence exemption for capital gains.

Starting with sales in the 2016 tax year, you are required to report basic information (date of acquisition, proceeds of disposition and address) on your income tax and benefit return when you sell your home to claim the full principal residence exemption. You do not have to pay tax on any capital gain when you sell your home if it was your principal residence for all the years you owned it and did not use any part of it to earn income. A property may qualify as your principal residence for any year that you or certain family members lived in it, if none of you designated another property as a principal residence for that year.

Home buyers’ amount

If you are a first-time home buyer, you may be able to claim $5,000 for the purchase of a qualifying home in 2016.

You qualify for the home buyers’ amount if you did not live in another home owned by you or your spouse or common-law partner that year or in any of the four preceding years.

A qualifying home must be located in Canada and registered in your name and/or your spouse’s or common-law partner’s name according to the applicable land registration system. It includes existing homes, such as single-family houses, semi-detached houses, townhouses, mobile homes, condominium units, apartments in duplexes, triplexes, fourplexes, or apartment buildings, as well as homes under construction.

You do not have to be a first-time home buyer if:

you are eligible for the disability tax credit; or
you acquired the home for the benefit of a related person who is eligible for the disability tax credit.

Buying or Selling a Home in Canada Home Buyers’ Plan

You may also be eligible to participate in the Home Buyers’ Plan (HBP), a program which allows you to withdraw funds from your registered retirement savings plan to buy or build a qualifying home for yourself or for a related person with a disability. You can withdraw up to $25,000 in a calendar year, and you have up to 15 years to repay the amounts you withdraw. Your first repayment starts the second year after the year you withdrew the funds from your RRSPs for the HBP.

To qualify for the Home Buyers’ Plan:

you must be a first-time home buyer; and
you must have a written agreement to buy or build a qualifying home for yourself.

You are considered a first-time home buyer if, in the preceding four-year period, you did not live in a home that you or your current spouse or common-law partner owned.

You must intend to live in the qualifying home as your principal place of residence within one year after buying or building it.

Home Buyers’ Plan for persons with disabilities

You do not have to be a first-time home buyer to participate in this plan if you are eligible for the disability tax credit or if you acquired the home for the benefit of a related person who is eligible for the disability tax credit. The purchase must be made to allow the person with the disability to live in a home that is more accessible or better suited to their needs.

Contact Information

Media Relations
Canada Revenue Agency
613-941-6269