First Time Home Buyer

As a first time home buyer, it might be a bit tough to understand the process of buying a home. There is information about the Steps to take into consideration when deciding to buy a home. I will guide you through each step in order to have as smooth a transaction as possible. There are also several benefits that are exclusively available for First Time Home Buyers (including a rebate on your Land Transfer Tax). Below you will find helpful links to assist you and to help you fully understand the benefits of being a First Time Home Buyer.

Links

Land Transfer Tax Refund for First-time Homebuyers:

http://www.fin.gov.on.ca/en/refund/newhome/index.html

Land Transfer Tax:

http://www.fin.gov.on.ca/en/tax/ltt/index.html

Home Buyer’s Plan:

http://www.cra-arc.gc.ca/hbp/

First-Time Home Buyers’ Tax Credit:

http://actionplan.gc.ca/en/initiative/first-time-home-buyers-tax-credit

CMHC:

http://www.cmhc-schl.gc.ca/en/co/buho/buho_008.cfm

 

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