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    Buying a house for the first time is a big and important decision in your life. As someone who represents you and looks out for your best interest, I would like to introduce you to the First-Time Home Buyers’ Tax Credit.

    First-Time Home Buyer’s Credit (FTHBC) is a government program geared towards buyers like you. The objective is to reduce costs associated with purchasing a home. As a first time buyer, you are eligible for a 15% income tax credit on a maximum of $5,000 of home purchase costs such as legal fees and land transfer taxes. It can be claimed for the taxation year that you acquired the house.

    You are considered to be a first time buyer if neither you and your spouse or common-law partner has owned and lived in another home in the year of the purchase or in any of the four previous years.

    First time home buyers can choose to purchase their FIRST home from amazing selections offered by Tarion Approved Ontario Builders and Developers and/or from the Resale Home selections offered by private owners.

    New home or Preconstruction Homes requires a unique set of skills, expectation management, patience,  and attention to detail beyond scope of everyday sales and transactions of a resale real estate agent. Consequently in selecting and interviewing your pre-construction realtor/consultant the quality of your questions will assist understand why volume and value are not interchangeable.

    Before attending any New Home/Preconstruction Builder , be sure to ascertain Brokers are protected or that they cooperate with Realtors, the Great Builders always do!                         

    Here's a thought? Would you pay for services you do not value or perceive as valuable? 

    Great builders when crafting a product ( a development, a phase, lots ) understand you the buyer are the most valuable resource to the success/failure of their product. Consequently treating the buyer's realtor right via compensation/commissions for time, expertise and referral encourages the realtor to treat you the buyer right by empowering you, equipping you and supporting you through one of the biggest ticket items you'd buy as an adult.           

    Videos below from exciting #newbuild sites across the province and beyond.


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    This page and its contents are compliments of Jumie Omole, Sales Representative licensed in Ontario, Canada. ** Not intended to solicit buyers or sellers under Representation