Posted on: 19-01-04 18:03:21
Hi,
Anybody know Is there any assitance or any tip for 1st time home buyer ? i.e. if u invest somewhere you get this much from the government like that ?
thx
Quote:
Orginally posted by ihpatel
Hi,
Anybody know Is there any assitance or any tip for 1st time home buyer ? i.e. if u invest somewhere you get this much from the government like that ?
thx
First time home buyer can take advantage of HOME BUYERS PLAN wherein each spouse can withdraw up to $20,000 each from his/her RRSP without paying any penalty to purchase a house. There are certain conditions for this which I have explained in one of my earlier postings but would welcome to explain them to you over phone. You can call me any time at 416-560-6951. Alternatively, you can get a free guide named HOME BUYERS PLAN from CCRA (CANADA CUSTOMS & REVENUE AGENCY) which gives you detailed information about this plan. This is also available on their website at http://www.CCRA.GC.CA" rel="nofollow">LINK
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Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
Please visit this link and learn more about the first time home buyer plans. Register to attend a Free bi-monthly seminar and more...
http://realestate-ontario.com/firsttimebuyer.htm
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Amit Kalia, Broker, REALTOR®
RE/MAX Real Estate Centre., Brokerage
independently owned & operated
100 City Centre Dr, Unit 1-702
Mississauga, ON L5B 2C9
Phone No.: 905-339-5111
Website: https://www.realestate-ontario.com/
Condo Blog: https://condopundit.com/blog/
Read the article on RRSP covering First Time Buyer Plan posted on the site. A tax payer may withdraw upto 20000 from RRSP for home purchase and repay the same over 15 years.
