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!

CRA Lottery

I don’t buy lottery tickets and I don’t gamble. Doing my taxes is as close as it gets to winning the lottery. Every year, I anxiously wait to find out how much we are going to get back. Today was a good day.

What are we going to do with our jackpot? Save it for next year, ah. Our accountant explained what is going to happen when we move in May. Among other things, we’ll have 60 days to either pay back the RRSPs borrowed as first time home buyers or pay taxes on it. Le joy.