For more information email us at connect@condoguys.com or visit our website www.condoguys.com

www.hstinbc.ca/making_your_choice/faqs/new_housing_rebate |1.800.959.8287

Elevate Your Lifestyle

In a real estate market like Vancouver it's touch to get your foot in door. The First-Time Home Buyers’ Tax Credit (HBTC) can help out.

This federal non-refundable income tax credit is for qualifying buyers of detached, attached, apartment condominiums, mobile homes or shares in a cooperative housing corporation. The calculation: multiply the lowest personal income tax rate for the year (15% in 2010) x $5,000. For the 2010 tax year, the maximum credit is $750.

Canada Revenue Agency www.cra.gc.ca/hbtc 

1.800.959.8281

Stay tuned for other ways to save money when you buy property in Vancouver.

If you have any questions please visit www.condoguys.com or email connect@condoguys.com

Condoguys Vancouver

Elevate Your Lifestyle

Tony Cikes is an elite Vancouver based Realtor and the lead Real Estate Advisor for Condoguys Real Estate Marketing. Tony takes a look back at the last three months in the Lower Mainland/Vancouver Real Estate Market and explains three key reasons prices have appreciated. 

For more information about buying or selling check us out at www.condoguys.com or email connect@condoguys

A Leger Marketing survey done for BMO Bank of Montreal shows that the majority of B.C. residents planning to buy a home in the next two years value the price and location of the property (94 per cent and 91 per cent respectively) over resale value (66 per cent).

 

The report also revealed that intuition plays a key role, with 67 per cent claiming a "good feeling" towards the home is an important factor in the decision-making process.