Leanne Drolet

Royal LePage Sterling Realty

Office 604-421-1010

Cell 778-840-7211

Email: Leanne@realtygal.ca

Categories

WOW!


Did you know if you are a first time buyer of a home that you can borrow up to $25,000.00 from your Registered Retirement Savings Plan (RRSP) to buy or build a qualifying home!


The Canadian Government’s Home Buyers Plan (HBP) allows you to borrow up to $25,000.00 from your RRSP for a down payment, tax-free.  If there are two people buying the home together and you are both first time buyers, each of you can withdraw up to $25,000.00! 


Your RRSP contributions must remain in the RRSP for at least 90 days before you can withdraw it. 


Since the HBP is considered as a loan, it must be repaid within a period of no more than 15 years.  You have to repay an amount to your RRSP each year until your HBP balance is zero.  If you do not repay the amount due for a year, it will be included in your income for that year.


For more information give me a call!

Read full post
Categories:   #Coquitlamrealestate #WestwoodPlateauRealEstate #Prepareyourhometosell | #DIY | #Multipleoffers! #Coquitlamrealestate #Realtygal #BuySellrealestate | #PortCoquitlamrealestate | #PortMoodyrealestate | #RealEstate, #Sellyourhome #Renovate | #RealtorCareBlanketDrive | Anmore, Port Moody Real Estate, Port Coquitlam, Coquitlam, Real Estate, Selling a home, Buying a home, Townhome, Condo, House, | breast cancer research, spring clean, Coquitlam, Port Coquitlam, Port Moody | Brentwood Park, Burnaby North Real Estate | Burke Mountain, Coquitlam Real Estate | Canyon Springs, Coquitlam Real Estate | Central Coquitlam, Coquitlam Real Estate | Central Coquitlam, Coquitlam Real Estate, Port Moody, Port Coquitlam, Pitt Meadows, Westwood Plateau | Citadel PQ, Port Coquitlam Real Estate | College Park PM, Port Moody Real Estate | Condo | Coquitlam, Evergreen Line, Guildford, Pinetree Way, Douglas College, Coquitlam Centre | Coquitlam, Port Coquitlam, Port Moody, Housing, Realtor, Royal LePage, Buying a home, Selling a home | Coquitlam, Port Coquitlam, Port Moody, Pitt Meadows, Maple Ridge, Langley, Home buying and selling, Real estate | Coquitlam, Port Coquitlam, Port Moody, real estate, Westwood Plateau, North Coquitlam, Oxford Heights, New Horizons | Coquitlam, Port Moody, Port Coquitlam, Burnaby, Pitt Meadows, Homes for Sale, Sell a home, Realtor | Coquitlam, Port Moody, Port Coquitlam, First time buyer, selling a home, Buying and selling, Real estate, | Cottonwood MR, Maple Ridge Real Estate | Downtown NW, New Westminster Real Estate | Guildford, North Surrey Real Estate | Heritage Mountain, Port Moody Real Estate | Heritage Woods PM, Port Moody Real Estate | Mountain Meadows, Port Moody Real Estate | open house, real estate, Coquitlam, Port Coquitlam, Port Moody, listing a house, buying a home | Preparing your home to sell, selling a home, sellers, real estate, Coquitlam, Port Coquitlam, Port Moody | Ranch Park, Coquitlam Real Estate | REALTOR® | Renovation, Coquitlam, Port Coquitlam, Port Moody, Westwood Plateau, Canyon Springs, River Springs, Scott Creek, New Horizons | Renovations, Updates, getting the most money for your home | RRSP, First time buyer, HBP, Canadian Government's Home Buyers Plan, Coquitlam, Port Moody, Port Coquitlam | selling your home quickly | Tri-City News, A-list, Real Estate, Coquitlam, Port Coquitlam, Port Moody, Favourite realtor | Westwood Plateau, Coquitlam Real Estate | Woodland Acres PQ, Port Coquitlam Real Estate
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.