Have you ever listed a house for a client, only to find out that there are liens registered against the property that will hinder the closing? There may be a way to deal with a client's debts, and still complete the sale.
Under the Home Buyers' Plan, an individual can withdraw an amount from his or her own RRSP and use it towards the purchase of a home on a tax-free basis. However, there are certain conditions and limitations
REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals. REALTORS®, real estate agents, sales representatives, brokers, owners, administrators, and other real estate industry stakeholders read REM every month for news, analysis, and commentary on Canadian real estate.
REM is independently owned and operated, and is not affiliated with any real estate association or board.