First-time Buyers making up the BC Homebuyers Pie
Although there are many variables one look into this day and age of recession, as far as home buying is concerned, it seems that first-time buyers make up the BC homebuyers pie.
The rise in that segment is indeed noticeable. Some of the factors that new buyers put into account are the following:
• $750 tax credit back on closing costs
• maximum of $25, 000 RRSP can be used for down payment, payable in 15 years
• lower prices on homes: apartments, condominiums, townhouses and detached houses
• lowest mortgage interest rates possible
As has always been advised, homebuyers who could be confident about their finances, savings and investments are best to look at the opportunity when all the advantages are presented to them.
If you are a first-time buyer and would like to find out your best options on home buying, please feel free to contact me by email.
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Sheila Atienza, BC based REALTOR and Mortgage Broker
Author, (Forthcoming book) "How to Prepare to OWN a HOME in Canada, Recession-proof Lifestyle for Immigrants and First-time Buyers" To pre-order the book: http://books.iclickproperty.com
Author, "You are Privileged, 12 Success Principles to Uncover Your Innermost Potential"
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