Randy Selzer's Real Estate Podcast
First Time Home Buyers Incentive 2019 - Real Estate Shared Equity Mortgage
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:02:53
- More information
Informações:
Synopsis
We review something new from the Canadian government pertaining to real estate and home ownership - the "First Time Buyers Incentive". Due to take effect in September 2019, this proposes an interest free loan for first time real estate buyers, of up to 5% on an existing property, and of up to 10% on new build construction, which would only be repayable when the property is sold. Certain restrictions apply.