• Selling Your Alberta Home: Tax Questions to Ask,Jay Patel

    Selling Your Alberta Home: Tax Questions to Ask

    You may owe tax when selling a Canadian home, depending on your circumstances; a principal-residence exemption is not a reason to skip reporting the sale. Ask an accountant to review your ownership and use history before assuming the proceeds are tax-free. Calgary and Edmonton sellers should separat

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  • Selling an Alberta Home With a Mortgage: What to Check,Jay Patel

    Selling an Alberta Home With a Mortgage: What to Check

    Yes, you can generally sell a home while you still have a mortgage, but the sale must address the lender’s secured debt and the closing requirements. Before listing, ask your lender for a payout estimate and your Alberta lawyer about the discharge process. Compare expected sale proceeds with all sel

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  • Accepted an Offer? Alberta Seller Steps Before Possession,Jay Patel

    Accepted an Offer? Alberta Seller Steps Before Possession

    You accepted an offer on your Alberta home — congratulations. But an accepted offer is the start of the closing process, not the end of it. Here is exactly what happens between acceptance and possession day, and what you need to do as the seller to keep everything on track. Reviewed for accuracy: Oc

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