2024 New Incentives for first-time home buyers in Canada. #shorts #short

In this real estate market downturn, the government of Canada has introduced more incentives for first-home buyers, especially in new construction, as a way to increase purchasing power and decrease mortgage payments.

In this video you’ll learn:

✅The new cap for RRSP withdrawal

✅Changes in RRSP loan repayment structure

✅New maximum amortization period for loans with less than 20% downpayment

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☀️ TO GET IN TOUCH WITH ME

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Hi there! I'm Thai Thanh(Tracy) Ngo. I specialize in navigating the dynamic housing market of the metropolitan area of Montreal and its picturesque suburbs. Whether you’re buying, selling, or relocating, I’m here to guide you every step of the way. I brand my practice on simplicity because I understand that real estate is primarily a service industry, where human interaction plays a pivotal role. However, humans can be unpredictable, accounting for 90% of the uncertainties in transactions. That’s where my expertise shines. I believe that meticulous preparation for everything within our control is the key to preventing unforeseen challenges in your real estate journey. With my background in mathematics and my passion for simplifying complexities, I’ve developed a systematic approach that focuses on what can be managed and controlled. By doing so, I ensure that your real estate experience is as smooth as possible, even in the face of the unexpected. Let me handle the complexities, so you can enjoy the simplicity of real estate.