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First Time Buyers Property Purchase Tax Exemption is increased in Canada today

February 20, 2008

Filed under: Mortgage Financing,Vancouver — Richard Morrison @ 4:38 pm
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Good Morning first time buyers!,

You have something else to celebrate now! The Government has issued amended First Time Home Buyers requirements.The qualifications for the exemption of first times buyers have changed. A first time home buyer can now qualify for a full exemption with a purchase price of less than $425,000.00 (previously $375,000.00). A first time buyer partial exemption is available if the purchase price is more than $425,000.00 but less than $450,000.00.

Also, there is no longer a requirement for any financing. Vancouver First time buyers are now much more inclined to finance creatively!

For more information on the first time buyer exemption, please see: More Information Here

This is only one of the many unique approaches we study about everyday. Make your Vancouver real estate living easier and join us!
We have unique solutions for the first time buyer including RRSP eligibility and more…

Contact us at 604-767-3703 and let’s get started! Regards,

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