First Home Savings Account Explained (Everything you need to know about the FHSA)

First Home Savings Account Explained (Everything you need to know about the FHSA)
The Bank of Canada recently released a new investment vehicle that can help first-time home buyers achieve the goal of purchasing a property, the FHSA.

For first-time buyers with strong financial footing, it's a good moment to consider entering the market. With the release of the FHSA, you have more power then ever to save up for your first home. You can save, and even invest money tax-free, with a contribution of $8,000 per year with a maximum amount of $40,000.

In this video, I give a rundown of the FHSA and why it can make such a positive impact for those first-time buyers trying to enter the market.

P.S. Whenever you’re ready there are 4 ways we can connect.

1 - Schedule A Call With Me
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2 - The ULTIMATE Home Buyers Guide
https://youtu.be/cvu1XjnqCp4

3 - How to SELL Your Home FAST and For Top Dollar
https://youtu.be/fgxChXTQfkE

4 - Why I Became A Real Estate Agent
https://youtu.be/lhH3vPXBshE

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Did you miss our previous article...
https://trendinginrealestate.com/where-to-buy/the-hidden-truths-about-buying-a-house-in-2023