First Time Home Buyer Discussions, Offers & Promotions

Get deal alerts for this keyword

Search found 68 matches. Go to advanced search

  • Posts
  • Forum
  • Post By

  • First Time Home Buyer Debating on Selling

    ... prior to tumble. Is it worth me even trying to sell? Will the lrt completion (fingers crossed September) even help my situation? As a first time home buyer, I fear that I’ll go through that process and have it go nowhere. I don’t know what to do. Is my best option to sit back and list it when I ...

    • louis77
    • Aug 12th, 2025 4:38 pm
    • Forum: Real Estate

  • CMHC Discontinues First Time Home Buyer Incentive

    https://www.bnnbloomberg.ca/cmhc-discontinues-first-time-home-buyer-incentive-1.2041573Pretty sure this program had pathetic uptake, but interesting news none the less.

    • PowderDays
    • Mar 1st, 2024 12:22 pm
    • Forum: Real Estate

  • Mortgage Questions - First Time Home buyer

    Hello Everyone,I thought of starting a thread focusing on first time home buyers and mortgage related issues. I am a Mortgage Agent, Please feel free to ask any questions related to your mortgage for first home here.ThanksSandy

  • First time home buyer rebates worth it?

    Hi all. I’m trying to figure out if moving into my new construction condo for first time home buyer rebate would be worth it vs not moving in and renting it out. Because it’s a bit of a pain to move in. It’s a condo in Toronto so I think I have the extra rebate, but I heard that all in all that’s not g ...

    • andalou
    • Sep 26th, 2023 5:22 pm
    • Forum: Real Estate

  • Did not apply for first time home buyer tax credit in last year tax.

    Hi , I bought a home in 2021 but just checked that I did not put the $5000 first time.home buyers tax credit. Today's I am going to do my 2022 tax. What should I do?Should I file my 2022 tax return normally or first do something with the 2021 error that I made?I file using studio tax.

    • Asker123
    • Apr 30th, 2023 10:50 am
    • Forum: Personal Finance

  • FHSA & First time home buyer scenarios

    Hi everyone, I had a few questions on FHSA. I am closing my first home in Sept 2023, it's a preconstruction house. -> Can Husband & Wife both contribute 8k ( total 16k ) for same house by opening 2 accounts? -> If I put money in May, can I withdraw in July. Is there any hold period like RRSP for ...

    • Sonia0308
    • Apr 29th, 2023 10:55 am
    • Forum: Real Estate

  • First Time Home Buyer Incentive Question

    Question about the first time home buyer incentive. Specifically, this part: The homebuyer will have to repay the Incentive based on the market value of the home at the time of repayment equal to the percentage (for example, 5% or 10%) of the original home value used to determine the Incentive, up to ...

    • geokilla
    • Jul 10th, 2022 11:21 pm
    • Forum: Real Estate

  • First time home buyer as a SP

    Hello guys, quick question. I am a sole proprietor and plan to buy my first home. My business income almost tripled for this year (projected) Compared to 2021 Reason is that I also had employment income in 2021 Will the banks consider the increase or just calculate the average of 2021 and 2022? I ...

  • Tax - RRSP for First Time Home Buyer Purchase

    Hi everyone,I used $15,000 of my RRSP to purchase my first home as part of the homebuyer's plan. For this upcoming tax season, I check CRA and I have $18,000 deduction limit. Does this mean that I can only contribute $3000 to my RRSP which is the difference? Thanks!

  • First time home buyer in GTA in 2021, is it worth it?

    I was only able to save enough recently and looking to get a first family starter home for <1M. With the ridiculous prices right now, I'm curious to hear different perspectives if its still worth to try and look for one here in the GTA. Or just forget about it and look somewhere else? (proximity to ...

    • nepzilla
    • Nov 14th, 2021 7:21 pm
    • Forum: Real Estate

  • First Time Home Buyer Credit Question

    Sorry if this is a stupid question - in December 2014 we moved into our first home How would I know/see that I got the first time buyer credit - and lets say I didn’t, can I claim this now on my new build closing in December this year? Just curious and need some advice on if this would have been d ...

    • wmahmud
    • Oct 12th, 2021 9:54 am
    • Forum: Real Estate

  • First time home buyer as a primary residence + rental income

    ... few questions: 1. Given that I will be living in this home as my primary residence and renting the top levels, will i still qualify for the first time home buyer's program and the land transfer tax rebate? 2. When its time do complete my tax, will I have any issues with CRA since they will see that I ...

    • turok_t
    • Sep 21st, 2021 3:10 pm
    • Forum: Real Estate

  • First time home buyer in Durham

    I am first time home buyer and looking for something in Durham in the range of 500K What are some of the things we should and shouldn't be doing? How can we find good realtor and broker and what are the red flags we should look at?Specially these days when housing market is hot hot.

  • RRSP and first time home buyer program: technical details

    ... answer. Maybe you can help. Sorry for the noon questions... I am trying to optimize the date to withdraw RRSP to get most money out for the first time home buyer program. From the CRA website I know that money in a RRSP has to be 90 days there to count toward the home purchase money can be withdrawn ...

    • SirRobin
    • Feb 18th, 2021 1:41 am
    • Forum: Real Estate

  • Paint quote for a first time home buyer

    Hey all, I just bought my first house in Ottawa and I'm in the process of doing some extensive renovations to the kitchen. The house is very dated cosmetically so I'm going to paint the entire place along with other upgraded cosmetic finishes. I've been doing a lot of research but still need help ...

  • First Time Home Buyer - my offer just got accepted, have to get a mortgage by tommorrow!

    Good Afternoon , I have to arrange a mortgage by tommorrow night otherwise the deal is off, couldnt sleep last night, so worried. What questions should I ask my: 1. Mortgage broker - what penalties should I watch for? - im looking at a fixed rate - ?? 2. Real Estate lawyer - what liens are there ...

    • Getbread
    • Jan 25th, 2021 1:08 pm
    • Forum: Real Estate

  • Statement of Adjustments for First Time Home buyer

    First time Home buyer and I didn't get some Lawyer charges. As a resident, do I have to pay 'Non-Resident tax? I didn't understand two chargers for 'Law Office Professional Corporation' and 'Professional Corporation'? I am not aware how much would be the charges, but I felt they are charging me a lot ...

    • applexs
    • Dec 20th, 2020 9:45 am
    • Forum: Real Estate

  • RRSP First Time Home Buyer

    Looking for some insight on how this specific situation would play out. I am a first time home buyer and have been house hunting for a few months. The right place hasn't come up so I was advised to put a portion of the down payment into an RRSP to take advantage of the tax deduction. I transferred 25k ...

    • wsard112
    • Dec 11th, 2020 7:37 pm
    • Forum: Real Estate

  • First time home buyer

    ... we sell the house after a year, buy a new house in July 2019. New house is only under his name again. We get married in Sept 2019 and are currently still living in the second house. We're looking to buy an investment property under my name. Do I qualify for the first time home buyers program. Thanks!

  • First time Home Buyer (Advice before taking possession) PDI

    Hi All, I've closed on a home which the builder says I will get possession of on Dec 17. Due to COVID, they are not allowing me to carry out a PDI (pre-delivery inspection) Tarion suggests that the homeowner and builder work together to safely execute a PDI. I told the builder that I'm happy to wear ...

    • Striderg3
    • Nov 15th, 2020 8:05 pm
    • Forum: Real Estate

Trending Hot Deals