WebOct 14, 2024 · The Homebuyer Fund owns 15% of your property. 7 years pass and your home's value grows to $800,000. You've been repaying the home loan, but the Homebuyer Fund still owns 15%, which now equals ... WebApr 15, 2024 · Step 8: Attend Resale Completion Appointment. Once both flat seller and buyer have submitted their resale applications, HDB will start processing the whole …
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WebApr 6, 2024 · The program provides up to $40,000.00 to assist income-eligible first-time homebuyers to achieve the dream of homeownership. Here are the basic highlights of the … WebYes. Your payment must be at least $10,000 and will need to reduce the Government’s interest by at least 5 percentage points i.e. from 25% to 20%. A valuation will be conducted on your property by the Valuer-General Victoria to determine its current market value. WebMar 6, 2024 · A loan backed by the federal government can also help qualified first-time home buyers purchase with no down payment – we’ll cover these types of loans in more detail below. Tax Deductions. Unfortunately, you can no longer take advantage of the Housing and Economic Recovery Act’s $7,500 credit for first-time home buyers. hillsborough county parking ordinance