Buying a house for the first time is a big and important decision in your life. As someone who represents you and looks out for your best interest, I would like to introduce you to the First-Time Home Buyers’ Tax Credit.
First-Time Home Buyer’s Credit (FTHBC) is a government program geared towards buyers like you. The objective is to reduce costs associated with purchasing a home. As a first time buyer, you are eligible for a 15% income tax credit on a maximum of $5,000 of home purchase costs such as legal fees and land transfer taxes. It can be claimed for the taxation year that you acquired the house.
You are considered to be a first time home buyer if neither you and your spouse or common-law partner has owned and lived in another home in the year of the purchase or in any of the four previous years.
With our years of experience in buying and selling real estate for our clients, as First time home buyer you can expect us to safeguard you against various pitfalls in such a large transaction, probably one of the biggest transaction of your life. Accredited buyer representative (ABR) Designation & testimonials from many of our past First time Home Buyer clients shall give you more confidence on our ability to help you throughout the process with utter professionalism and care. You can call us directly @ 416-738-7331 to set up your FREE 1 Hour First time home Buyer consultation and to get your FREE First time Home Buyer's Toolkit or see various houses for sale or condos for sale currently available using our smart listings search below!