Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

How much would the Saskatoon cash buyer tax have cost home buyers?

There is nothing to calculate, because no cash buyer tax has ever been proposed for Saskatoon; that policy debate belongs to a different market and never applied here, so a Saskatoon cash buyer's costs are the same closing costs, generally 4 to 6 percent, that any buyer pays.

Those closing costs cover legal fees, adjustments and commission together rather than any cash-specific charge, and a lawyer completes every Saskatoon transaction, cash or financed, through the same title process with Information Services Corporation.

The one real advantage a cash buyer has here is speed and certainty, since removing a financing condition can make an offer more attractive to a seller in a market with 1.63 months of supply, not a tax saving that does not exist to begin with.

If speed and certainty matter to your specific purchase, that is worth discussing directly. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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