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First Time Home Buyers NEW requirements

The Government has issued amended First Time Home Buyers requirements.
 
The qualifications for the exemption have changed.  A first time home buyer can now qualify for a full exemption with a purchase price of less than $425,000.00 (previously $375,000.00).
 
A partial exemption is available if the purchase price is more than $425,000.00 but less than $450,000.00.
 
Also, there is no longer a requirement for any financing. 
 
For more information, please see:
 
http://www.sbr.gov.bc.ca/documents_library/bulletins/PTT_004.pdf

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