Category Archives: First Time Homebuyers

How GST Works On Your Real Estate Purchase

Now that the HST has been changed back to a GST / PST model, there’s a lot of questions out there with regards to how things work with regards to purchasing real estate.  The following should clear up most questions.   How does G.S.T. apply to used residential housing? It does not. Used residential housing […]

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$10,000 First Time Home Buyer Bonus – STILL TIME LEFT!!

If you are currently in the market for a new home and qualify as a first-time new home buyer, you may be eligible to receive a significant bonus of up to $10,000 from the BC government.  The First-Time Home Buyers’ Bonus is a non-taxable one-time payment to the purchaser and we’ve seen many happy homeowners benefit […]

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Free properties in White Rock?

Only 100 years too late !!  When I finish building my time machine, I’m going back to 1911 to take part in this deal!! Check it out!

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Questions to ask before hiring a property inspector

Hiring the right home inspector is important. After all, you want the inspection to leave no stone unturned when determining the condition of the house you are considering purchasing. Unfortunately, the professionalism and range of services vary widely in the home inspection industry. So it pays to ask the right questions before you choose. Here […]

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First Time Homebuyer (new home) BONUS!

Following the announcement of the B.C. First Time New Home Buyers Bonus there has been some confusion on how the bonus will be paid to qualified applicants. The initial reports about the First Time Buyers Bonus were misunderstood due what the Ministry of Finance call a “Poor choice of words” in the initial press release. It is […]

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First Time Homebuyer Incentives, 2012

At the British Columbia’s Budget 2012 conference today, the provincial government announced two incentives for the residential construction industry and its consumers: 1. A $10,000 temporary, one-time refundable income tax credit for first-time home buyers who purchase a newly constructed home, effective today, February 21, 2012 through to March 31, 2013. Details are available here:http://www.bcbudget.gov.bc.ca/2012/homebuyers/2012_First_Time_Home_Buyers_Fact_Sheet.pdf […]

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Affordable Housing in the Lower Mainland, BC

LOOKING FOR GREATER AFFORDABILITY? HEAD TO FRASER VALLEY SURREY, BC – According to the president of the Fraser Valley Real Estate Board (FVREB), international affordability studies regarding Vancouver are misleading because they don’t reflect the reality that homebuyers purchase more affordable homes every day in neighbouring communities. Sukh Sidhu is a REALTOR® who lives and […]

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FREE Info About Real Estate Investing in Canada & USA

If you’ve ever thought about investing in real estate, in Canada or the USA, then this FREE information evening is something you should definitely check out!!! Below you’ll find details about the event. SPACE IS LIMITED, so please RSVP as soon as possible to reserve your spot!  

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Things To Consider as a First Time Homebuyer

Are you among the thousands of people in the Fraser Valley who pay rent each month, knowing full well that you will never see that money again? For many, this need not be the case. Instead, why not take that money and build it into an investment that can last a lifetime? Right now there […]

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First Time Homebuyer Program Information

First Time Home Buyers’ Program Introduced in 1994, the First Time Home Buyers’ Program is designed to help British Columbians purchase their first home. Under the program, eligible purchasers can claim an exemption from Property Transfer Tax if the fair market value of the home is less than the threshold amount. Thresholds For registrations on, or […]

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First Time Home Buyers’ Program – Year End Financing Follow-up

When your application for exemption from property transfer tax under the First Time Homebuyers’ program is received, a letter is sent to you confirming receipt of your application. This confirmation letter outlines requirements that must be met during the first year after you register the transfer at the Land Title Office. If your property purchase was […]

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