There is no doubt about it, there are definitely some benefits to renting a home rather than taking the leap to purchase. Your costs can be lower than if you purchase but what about getting a return on that investment?
The article below sets out 5 really good incentives to buy instead of renting.
- Possible Tax Breaks
- Getting help from CMHC to purchase a home
- Using your RRSP contributions as leverage
- GST New Housing Rebate
- Building Equity and Credit
Click Here to read the article recently published in REW.ca
If you are looking to buy your first home and want more information about the benefits of buying a home call Garry Voigt today, email www.garryvoigt.com or call 604 789 2140. We have helped many happy first time buyers navigate their first purchase!