Land Transfer Tax Credit increased!

The government recently increased the land transfer tax credit from $2,000 to $4,000. This is likely in response to the lash-back concerning increased qualification levels for mortgages. What it means is that on a home priced at $375 or less, the buyer doesn’t have to pay land transfer tax, resulting in a savings of up to $4,000.

More mortgage info at www.emailhome.ca

More First Time Home Buyer videos here

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