Probably one of the biggest obstacles to home ownership for most first-time buyers is coming up with the necessary downpayment.Which is why many of the programs to assist them are geared toward assisting with the downpayment or initial costs.
Here are 4 of the most popular programs available:
Federal First-Time Home Buyers' Tax Credit:
http://www.cra-arc.gc.ca/gncy/bdgt/2009/fqhbtc-eng.html
Ontario Land Transfer Tax Credit for First-Time Home Buyers:
http://www.fin.gov.on.ca/en/refund/newhome/index.html
The Home Buyer's Plan:
http://www.cra-arc.gc.ca/hbp/
Waterloo Region Home Ownership Plan:
http://communityservices.regionofwaterloo.ca/en/housing/affordablehomeownership.asp
Contact me today to find out more about these programs or regarding any Real Estate Questions you might have! Go to www.kimlouie.net
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