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BC Government Announces “Enhanced New Housing Rebates”

February 20 2012

Enquire today on how to receive a rebate of up to 71.43% of the provincial component of the HST (Harmonized Sales Tax).

British Columbia intends to enhance the existing B.C. new housing rebates and will now include recreational properties, therefore including real estate at Revelstoke Mountain Resort. The enhanced rebates will be available after April 1, 2012 and before April 1, 2013.

As a result of this enhancement, eligible purchasers of new homes with a purchase price of up to $850,000 will be entitled to receive a rebate of 71.43% of the provincial component of the HST paid up to a maximum of $42,500.

Given most real estate purchases take about 30 days to complete, you can select your preferred home today with a closing date of April 1, 2012 and receive the tax discount. Don't delay, have first pick of the available homes now, secure that home under contract and close on or after April 1 to receive up to $42,500 savings.

Contact Mike, Randy or Emily at 1-888-837-2188 to learn more.