The First Time Buyers in your life need to know about this newer savings account product available to them

Wednesday, Mar 01, 2023

The Government of Canada will explain it best. The First Time Home Buyers Savings Account should be opened as soon as possible. The amount allowed to be deposited will accumulate year over year so you want to take advantage of this. To a $ 40,000 maximum that can be used towards a downpayment.

Find out more information here and spread the word to the First Time Buyers in your life. Have them talk to their Financial Planner, Bank or Accountant to get more advice.

First Time Buyer Home Savings Account - Do the Research

â€‹https://www.canada.ca/en/department-finance/news/2022/08/design-of-the-tax-free-first-home-savings-account.html

Have them contact me for more advice on how to get into home ownership. I LOVE first time buyers. They are so excited about the journey!

Address

Royal LePage State Realty
987 Rymal Rd. E.,
Hamilton, Ontario
Independently Owned & Operated

Contact

Mobile

905-537-6005

Office

905-574-4600

Fax

905-574-4345

Share With Us

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

MLS®, Multiple Listing Service®, REALTOR®, REALTORS®, and the associated logos are trademarks of The Canadian Real Estate Association.