Buying a home is one of the biggest purchases of your life and can be an overwhelming process, especially for first-time home buyers. Having someone on your side like an agent from AJ Lamba Team will help make buying your first home a lot less stressful...
Ready To Buy? Make A Decision
Before you go house hunting, consider your what your needs are. Buying your first home when money is tight might not be realistic to get everything on your "must-have" list. Plan before you search, sometimes buying for your situation is the smartest choice.
Nothing fruitful comes from leaving things to the last minute. Prepare all of the crucial information ahead of time to be taken seriously by a seller. Check your credit score, check your finances, get your home loan pre-approved and study up on the market you are interested in.
Start with a checklist of everything YOU require in buying your first home! Urban or Suburban? Detached Home or Semi-Detached Home? Townhome or Condo? The list goes on...
Find A Top Agent!
Don't let the stress of buying your first home take the excitement out of this new milestone in your life! Many first-time buyers believe they can find and buy their first home without the expertise or knowledge of a top Real Estate Agent and in almost all cases, this is not true. AJ Lamba Team has assisted many first-time buyers to purchase their first homes at the best rates possible. Our experience and expertise will not only guide you in the right direction but find you exclusive listings you wouldn't be able to find on your own, negotiate the best prices, save you money and get you into a home you love!
First-Time Home Buyer’s Credit
As someone who represents you and looks out for your best interest, I would like to introduce you to the First-Time Home Buyers’ Tax Credit.
First-Time Home Buyer’s Credit (FTHBC) is a government program geared towards buyers like you. The objective is to reduce costs associated with purchasing a home. As a first time buyer, you are eligible for a 15% income tax credit on a maximum of $5,000 of home purchase costs such as legal fees and land transfer taxes. It can be claimed for the taxation year that you acquired the house.
You are considered to be a first-time buyer if neither you and your spouse or common-law partner has owned and lived in another home in the year of the purchase or in any of the four previous years.