Selling Your Arizona Home to Canadian Buyers
First off, congratulations!
If you’ve purchased a property over the last 3 or 4 years, you have probably made a very good buy. Property values are up as much as 20% in areas like Phoenix and Scottsdale.
Selling your home will be much easier if you’re dealing with a Realtor that has the knowledge to not only guide you through the entire process, but also to help you avoid some unnecessary withholding tax.
The sale of your home is subject to FIRPTA (Foriegn Investment in Real Property Tax Act), a 10% withholding tax. The good news is that the vast majority of Canadians can get an exemption. Can-ix Realty is an expert in helping Canadians buy and sell property in Arizona. We have a team of specialist who can help.
If you’re thinking about selling your Arizona home, or just want to know what it’s current value is, give us a call or send us an email and we’ll be happy to help.
