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Showing posts with the label real estate agent in winnipeg

DIVORCE AND REAL ESTATE IN WINNIPEG: WHAT HAPPENS TO THE FAMILY HOME?

Divorce and separation can be one of the most difficult experiences a person goes through emotionally, financially, and legally. While there are many decisions to make during a divorce, one of the biggest questions for many Winnipeg homeowners is: "What happens to our house?" For most families, the home is the largest asset they own. Whether it is a single-family home , condominium , townhouse , duplex , or investment property , decisions regarding real estate can have a significant impact on both parties' financial futures. Many homeowners going through a separation or divorce ask questions such as: Do we have to sell the house? Can one spouse keep the home? How is home equity divided? What happens to the mortgage? Can one spouse force the sale? What if only one spouse is on title? What if there are children involved? Can we sell before the divorce is finalized? What happens if we own rental properties? If you are facing a separation or di...

First-Time Home Buyer GST Rebate in Winnipeg (2026 Complete Guide)

How to Get Up to $50,000 Back on Your Home Purchase in Canada Introduction If you're buying a home in Winnipeg - especially a new construction property - you may be eligible for a GST rebate worth up to $50,000. However, many buyers misunderstand how this works. Some expect a refund after closing and receive nothing, while others successfully recover thousands. 👉 The difference comes down to how GST is structured in your purchase agreement. Understanding this can save you thousands of dollars and help you avoid costly mistakes. What Is the GST New Housing Rebate?  The GST New Housing Rebate is a federal program administered by the Canada Revenue Agency (CRA).  It allows eligible buyers to recover some or all of the GST paid on a qualifying home purchase or construction . Key Benefits      ✔ Up to 100% GST rebate      ✔ Maximum savings of approximately $50,000      ✔ Helps improve housing affordability Impo...