PTT CHANGES 2008
February 26th, 2008For First time homebuyers ... The Property Transfer Tax the dollar amount has changed from $375,000 to $425,000.
70% Loan To Value Has Been Lifted.
Property Transfer Tax Act The following changes have been made, effective February 20, 2008:
• The fair market value threshold for eligible residential property under the First
Time Home Buyers’ Program is increased to $425, ...