09/22/2026
🏡 **A first home is about more than just the down payment.**
Recently, I helped a first-time buyer purchase a brand-new, move-in-ready home.
They had saved approximately 10% for their down payment, but their biggest concern was what would happen to the rest of their savings after closing costs, taxes, and adjustments.
Fortunately, the home qualified for applicable new-home tax rebates. Because the rebates were credited through the statement of adjustments, my clients were able to preserve most of their savings and still complete the purchase.
This is why I always tell buyers: **don’t look at just the purchase price or down payment. Look at the full cost to close.**
In my latest blog, I explain:
🔹 How federal and Ontario new-home rebates work
🔹 How rebates can affect your cash needed at closing
🔹 Builder credits vs. applying after closing
🔹 Important eligibility requirements
🔹 Questions to ask before signing a new-home agreement
If you're thinking about buying your first home, understanding these programs could make a meaningful difference in your planning.
📖 Read the full article and learn what to ask before you buy.
First-Time Buyer Success StoryHow New-Home Tax Rebates Helped My First-Time Buyer Become a HomeownerA closer look at how
