Tuesday, October 02, 2007

Sold!

Our preference was obviously to sell our condo before moving to SF. However, our contract prevented us from selling until the builder had sold all of their units in our building. In July, they finally did. We immediately put the condo on Grapevine (sale by owner site) and sold three weeks later for our asking price.

Once again, we have proven that real estate agents are overrated. We sold our ex-house through Grapevine in 2004 (picture) and saved ourselves big $$$. We did it again this time. I simply cannot imagine giving thousands and thousands of dollars away for something I can do myself.

The tenant moved out last weekend and the closing was yesterday. CRA is keeping 25% of the money (!!!) until they are sure we don’t owe them anything, bastards. The process takes about 8 weeks. The annoyance. As such, we were able to exchange only part of our money this morning. Hang in there loonie!

3 comments:

Unknown said...

Congrats on selling the condo! Hopefully the clearance cert. will only take 8 weeks to well, clear... We just got some from CRA for a property that closed in April. You darn non-residents selling property - geesh.

Raquel said...

Congratulations! Must be a relief to finally get it sold.

Unknown said...

Yes, I think he's being overly optimistic. Our clients sold 4/27, and the certificate was dated 9/18. It was a simple condo sale, and paperwork was sent in within the 10-day timeframe required by CRA. Sorry to be the bearer of bad news!