PROPERTY TRANSFER TAX AND THE FIRST TIME
HOME BUYERS' PROGRAM
Property Transfer Tax
You pay property transfer tax each time you register a property at
the Land Title office.
The First Time Home Buyers' Program
If you are purchasing your first home, you may qualify for an
exemption from property transfer tax
if certain requirements are met.
WHAT ARE THE REQUIREMENTS?
Purchaser: You qualify ...
Even with all the information available about buying homes, people making some of the same mistakes, over and over again. As you are looking to make either your first or next home purchase, check out a list of mistakes you can avoid to save money and hassles.
Looking at houses without first getting loan approval. In today's marketplace, touring houses you would ...
Let's compare two families with 25,000 to invest. They are identical in that the two parents both work, have one child and $60,000 annual income. Here's the result of the two case studies:
Case Study #1: PURCHASE A HOME $250,000
|
Down Payment |
$25,000 |
|
Length of Loan Term ... |
1.
What features in your current home or a friend/family member's home
would you like in your next home?
2. What style really grabs you?
3. Do you prefer single story, two-story, or multi-level
living?
4. Do you want a yard?
5. Are you looking for a maintenance-free lifestyle? If yes, do
you have a preference for single family, townhouse or condominium
living?
6. How many bedrooms?
7. How ma ...
