Marty Pospischil

Dexter Associates Realty

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First Time Home Buyers Requirements

Good News- 

 

The Government has issued amended First Time Home Buyers requirements.

 

The qualifications for the exemption have changed.  A first time home buyer can now qualify for a full exemption with a purchase price of less than $425,000.00 (previously $375,000.00).

 

A partial exemption is available if the purchase price is more than $425,000.00 but less than $450,000.00.

 

Also, there is no longer a requirement for any financing. 

 

For more information, please:

Click Here to Read the Provincial Governments Guide on the Exemption to PTT