標題: Doing a private deal [打印本頁] 作者: Mr_Right 時間: 2008-2-13 10:20 標題: Doing a private deal
Hello, I am planning to purchase the house from my parents. Right now, my parents and myself all live in that same house. Initially when I contacted the bank, they told me I have to do a purchase agreement/contract at the lawyer.
But when I called the lawyer office, they said I can also do a family transfer.
What's the differences? Would one cost more money to do than the other? The bank said if I do a family transfer, I may not qualify as big a loan because they will use the "gov't assess property value" instead of the market value, which doesn't seem to make sense to me.
Also, will I be able to use the 1st time home buyer RRSP thing? Thanks for all the info =)作者: Traum 時間: 2008-2-13 10:54
提示: 作者被禁止或刪除 內容自動屏蔽作者: 華美子 時間: 2008-2-13 12:08
I did family transfer and so I lost my 1st time home buyer RRSP benefit.作者: Mr_Right 時間: 2008-2-13 19:25
Do you know roughly how much it cost?作者: tweety 時間: 2008-2-17 23:45 標題: 回復 2# 的帖子
as long as under $375000 .. goverment will give you back 2 % off of ur property taxes..
'cuz I tried to find a small townhouse now.. checked at least 40 places past 7 days..
