If you’re currently renting your home or apartment you may feel trapped by the grip of ‎Landlord Rules, Leases, and seemingly UNREASONABLE Expectations. You may also be ‎tired of knowing that every month your payment of a large sum of money is doing nothing to ‎secure your future; that in the current scenario the home you’re paying for will never be yours. ‎It’s not UNCOMMON to feel as if though you’re on a Renters TREADMILL.

The truth is, there are some little known facts that can help you get over the hump, and transfer your status from renter to homeowner. With this information, you will begin to see how you really can:

save for a down payment

stop lining your landlord’s pockets, and

stop wasting thousands of dollars on rent.

Ottawa is introducing a pair of measures, as parts of its economic fiscal update, to help Canadians get a foot into the housing market.

The First-Time Home Buyer Incentive is a shared-equity mortgage to reduce payments, with the Government of Canada taking on 5-10 per cent of the loan on a new home and 5 per cent on a resale home or mobile home. It’s being expanded for the high-priced Toronto, Vancouver, and Victoria markets.

When it was first introduced in 2019, the maximum home price to be eligible was 4 times household income, but is going up to 4.5 times household income in spring 2021. The buyer’s income threshold is being raised from $120,000 to $150,000. The changes mean the maximum home price for eligible first-time buyers in the three markets goes from $505,000 to about $722,000.

Don’t Pay Another penny in Rent to Your Landlord Before You Read This FREE Special Report by completing the form on this page.