Do You Know a First Time Home Buyer?
To get the cheque for 10,000:
*You must be a first time home buyer
*You must have an income below 150,000 (for higher incomes you can get a partial bonus)
*The home must be new (the bonus is 5% of the purchase price of the home to a maximum $10,000 bonus.
*The sale must be complete by March 31, 2013.
For all the details visit http://www.tinyurl.com/10000bonus
MORE GOVERNMENT DEALS INCLUDE:
Zero PTT - Property Transfer Tax. (PTT) This tax is zero for first-time buyers of the properties with a price below $425,000 (pre-tax). If two people are buying equally and only one is a first-time buyer, then you pay half the tax.
Using RRSPS - Any first-time buyer or people who haven't owned property in the past 4 years can borrow up to $25,000 tax free from their RRSP.
750 Tax Credit - First-Time Home Buyers Tax Credit (HBTC). This is a tax credit (cash!) of $750 for both first-time buyers and buyers who have not owned property in the past 4 years.
For all the government tax credits go here:
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