1- First-time buyer tips & tricks.

FIRST-TIME HOME BUYERS’ TAX CREDIT

A $5,000 non-refundable income tax credit on a qualifying home. The credit provides up to $750 in tax relief to assist first-time buyers with purchase costs. For more information, check the Canada Revenue Agency’s (CRA) website: www.cra-arc.gc.ca

HOME BUYERS’ PLAN

A one-time withdrawal up to $25,000 from a Registered Retirement Savings Plan (RRSP)

by first-time buyers to help purchase or build a home. Generally, you have to repay all withdrawals from your RRSP within 15 years.

For more details, visit CRA’s website at:

www.cra-arc.gc.ca

2- home buying tips

Know your WHY.

Know your MUST HAVES.

Know your MAX BUGDET.

Know your FINANCES.

Determine your WANTS vs. NEEDS.

3- BUYER TIP

Remember, you are

buying the house and not

the things inside it. Look

beyond the decor and

focus on the bones of the

home.

4- A property that’s been on

the market for a long time

is still worth looking at. It’s

an opportunity to get more

bang for your buck.

5- WHEN LOOKING FOR YOUR PERFECT HOME,

DON’T LET MINOR FEATURES GET IN THE WAY

OF THE BIG PICTURE OF A HOME!

LOOK FOR THE FEATURES YOU CAN’T CHANGE

IN ORDER TO MAKE YOUR DECISION

6- THE SELLER PAYS AGENT

COMMISSIONS. THERE IS NO

COST TO YOU TO USE A REAL

ESTATE AGENT TO PROTECT

YOU DURING THE BIGGEST

TRANSACTION IN YOUR LIFE.

7- It’s a seller’s market. Most

properties are in multiple offer

situations. To be competitive

prepare to send a strong offer.

Price, terms, speed and flexibility

will help strengthen your chances

of winning!

8- 5 Reasons Home Buyers Can’t Qualify

1. Low Credit Score

Why can’t I get

a mortgage?

2. Lack of Employment History
3. Not Enough Money Saved
4. Too Much Debt
5. Corallak e anturine, or

Sources

9- DO NOT MAKE

A LARGE PURCHASE ( VEHICLE,

FURNITURE.

AppLIANCE

ETC.) BEFORE

OR DURING

A HOME BUYING PROCESS!

– DO NOT MAKE

A LARGE PURCHASE ( VEHICLE,

FURNITURE.

APPLIANCE.

ETC.) BEFORE

OR DURING A HOME BUYING PROCESS!