What is the First-time Home Buyers’ Tax Credit and How Does it Work?

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Purchasing your first home in 2020 can feel intimidating, especially when the extra fees you’ll need to pay during closing start to add up. Legal expenses, inspection fees, and land transfer taxes – the list of closing costs seems to go on and on. That can make purchasing a home for the very first time feel less and less achievable.

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Original Article Source Credits: ratehub, https://www.ratehub.ca/

Article Written By Jordann Brown

Original Article Posted on : February 17, 2020

Link to Original Article: https://www.ratehub.ca/blog/what-is-the-first-time-home-buyers-tax-credit-and-how-does-it-work/