Posted by: Robin Sukhu of www.JustResale.com March 3, 2009 @ 6:27 pm
Yes, Michelle. As of January 27, 2009, there have been some changes to the First Time Home Buyers' Programs. Now, everyone is a first time buyer when it comes to using RRSPs to buy a home and the contribution amount has been increased from $20,000 to $25,000. You have 15 years to return the amount to your RRSP account, starting the second year following the year of withdrawal.
Posted by: Michelle March 3, 2009 @ 6:11 pm
Hi, I\'d like to know whether I can use my RRSP as a first time buyer to purchase a home. Thank you.
Posted by: Craig February 18, 2009 @ 3:28 pm
I received your newsletter. It is well put together. I look forward to it on a monthly basis. I do use your website to search the mls. I\'ll be recommending this service to my friends and family. Thanks for all your help. Past Client.