First Time Buyers


Buying a house for the first time is a huge decision, and a very important one.  Within our local market, Real Estate over the long term is a very safe investment, and although it’s a big step, wouldn’t you rather pay down your own mortgage, than rent and contribute towards your Landlord’s wealth?  After all, everyone needs a place that they can call home, and here are a few ways that the Government is trying to help!
 
To take advantage of any of these four opportunities, you must meet certain requirements.  You are not a first-time home buyer if you (or you and your spouse) have owned a home which you have occupied as your principal place of residence in the past 5 years.   If a spouse is involved, the spouse cannot have owned a home or had any ownership interest in a home while he/she was the purchaser's spouse. 




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