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1. realestatelawyers.ca › can-a-seller-cancelCan a Seller Cancel Their Real Estate Agreement?

   realestatelawyers.ca › can-a-seller-cancel

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   The answer is no. The buyer can sue the seller if this happens. What options are available to a buyer if a seller cancels? In the event of an attempt to cancel a sale, the buyer has two options.

2. www.reddit.com › r › PersonalFinanceCanadaGetting a commission 'refund' from seller's real estate agent ...

   www.reddit.com › r › PersonalFinanceCanada

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   However, we understand that without us having a real estate agent, the seller's agent will receive the full 5% commission. Is there anything legal or otherwise stopping us from requesting the seller's agent to provide us back ~1-1.5% of the purchase price?

3. realestatetaxtips.ca › how-to-navigate-sellerHow to Navigate Seller Financing and Their Tax Implications

   realestatetaxtips.ca › how-to-navigate-seller

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   Aug 31, 2023 · If you’re using seller financing, distributing the gain from a property sale across multiple years can have tax benefits due to Canada’s progressive tax system. This is a crucial aspect and is expanded upon in our video below: Myth vs. Reality: Does seller financing truly offer genuine tax benefits? It’s contingent on several factors.

4. forums.redflagdeals.com › dealfind-does-not-postDealfind does not post negative comments it is in their ...

   forums.redflagdeals.com › dealfind-does-not-post

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   Nov 9, 2011 · I posted a question and comment on Dealfind earlier today- it was just a shipping question for the computer deal. Also I had put down to find out the [National] Dealfind does not post negative comments it is in their vendor contracts read this!

5. www.albertarealtor.ca › post › blog-what-should-iWhat should I know about real estate deposits?

   www.albertarealtor.ca › post › blog-what-should-i

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   May 11, 2022 · Refunding a deposit to the buyer. The trustee is obligated to follow the rules of trust established in the purchase contract, which should guide the buyer and seller on how the trustee will act in various scenarios. There are key items that should be highlighted.

6. www.realtor.com › advice › sellClosing Costs for Sellers: 5 Common Fees - realtor.com

   www.realtor.com › advice › sell

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   Dec 27, 2023 · Closing costs for sellers of real estate vary according to where you live, but as the seller, you can expect to pay anywhere from 6% to 10% of the home’s sales price in closing costs at...

7. People also ask

   Is a seller financing offer a fraudulent offer?

   • If a real estate professional representing a seller suggests a seller financing opportunity to facilitate a transaction between the seller and the buyer, this isn’t necessarily a fraudulent offer, but it may be a red flag and warrants further review. Your own real estate and mortgage professional can make sure your interests are looked after.

   How to Avoid Seller Financing Fraud | RECA

   www.reca.ca/consumers/financial-considerations/protect-yourself-from-mortgage-fraud/how-to-avoid-seller-financing-fraud/

   See all results for this question

   What happens if a buyer tries to cancel a sale?

   • In the event of an attempt to cancel a sale, the buyer has two options. They can sue the seller to force them to sell the property at the price offered, or the buyer can try and purchase a similar property, and if they end up paying more for the comparable property, they can sue the original seller for the damages incurred.

   Can a Seller Cancel Their Real Estate Agreement?

   realestatelawyers.ca/can-a-seller-cancel-their-real-estate-agreement/

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   Does seller financing offer tax benefits?

   • The answer varies. If you’re using seller financing, distributing the gain from a property sale across multiple years can have tax benefits due to Canada’s progressive tax system. This is a crucial aspect and is expanded upon in our video below: Does seller financing truly offer genuine tax benefits? It’s contingent on several factors.

   How to Navigate Seller Financing and Their Tax Implications

   realestatetaxtips.ca/how-to-navigate-seller-financing-and-their-tax-implications/

   See all results for this question

   Can a seller keep the deposit of a buyer?

   • Using the standard AREA purchase contract, there is no mechanism for the seller to keep the deposit of a buyer whose contract has conditions (i.e. financing or inspection) and does not remove those conditions. The deposit money is held under trust conditions by a legal trustee.

   What should I know about real estate deposits?

   www.albertarealtor.ca/post/blog-what-should-i-know-about-real-estate-deposits

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   What happens if a fraudster sells a house?

   • A fraudster saying they are acting on behalf of the seller does not give the money to the seller or make mortgage payments to the financial institution. When the seller’s mortgage payments have not been made or the financial institution finds out about the sale, the financial institution may foreclose on the property.

   How to Avoid Seller Financing Fraud | RECA

   www.reca.ca/consumers/financial-considerations/protect-yourself-from-mortgage-fraud/how-to-avoid-seller-financing-fraud/

   See all results for this question

   What happens if a seller cancels a property?

   • There is also a substantial risk to the seller. Besides facing a lawsuit from the buyer, the buyer’s lawyer will likely register a caution on the title right away, preventing the seller from selling the property to anyone else if that was their rationale for cancelling in the first place.

   Can a Seller Cancel Their Real Estate Agreement?

   realestatelawyers.ca/can-a-seller-cancel-their-real-estate-agreement/

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8. www.reca.ca › how-to-avoid-seller-financing-fraudHow to Avoid Seller Financing Fraud | RECA

   www.reca.ca › how-to-avoid-seller-financing-fraud

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   RECA is seeing a rise in incidents where a person advertises a property for sale and offers misleading or fraudulent seller financing. The scam leads buyers and sellers to believe they have entered into a legitimate real estate purchase contract when they have not.