UPDATE: The Federal First-Time Homebuyer Incentive was discontinued on March 31, 2024. What was the First-Time Homebuyer Incentive? The Government of Canada offered a shared equity mortgage (loan) as a first-time home buyer incentive. There were no ongoing payments or interest paid on the incentive, but the loan was required to be paid back within
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Updated July 24, 2024 Any/all property transfer tax exemptions are subject to meeting all the requirements set out by the Government of B.C., and it’s best to confirm eligibility with either the Government of B.C. and/or a solicitor of your choosing The Auxilium Team offers a complimentary consultation to start your home buying process; contact
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The Canadian mortgage market has a wide variety of mortgages for homebuyers. While most people choose the more mainstream mortgages with regular terms, there are other mortgage types that may be better suited for you. Each situation is unique and has its own risks, but what may be a disadvantage to some people, could be
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