Northern and Rural Area Homeowner Benefit
Welcome to the Homes On The Sunshine Coast Blog...
Here is an important message in today from one of our Mortgage Specialists:
"Were you aware that starting this year, homeowners on the Sunshine Coast will be eligible for an additional $200 on their Home Owner Grant! That is a possible $770 deduction from the gross property taxes…..details below……"
Northern and Rural Area Homeowner Benefit
As announced in 2009, a northern and rural homeowner benefit of up to $200 will be available for the 2011 and subsequent tax years.
To be eligible for the benefit, you must meet the requirements for the basic and/or additional grant, and your home must be located in British Columbia, but outside the Capital Regional District (CRD), Greater Vancouver Regional District (GVRD) and Fraser Valley Regional District (FVRD).
For 2011, the home owner grant will be reduced on higher-valued properties by $5 for each $1,000 of assessed value over $1,150,000. The basic grant with a northern and rural homeowner benefit is eliminated on homes assessed at $1,304,000 or more, and the additional grant with a northern and rural homeowner benefit is eliminated on homes of $1,359,000 or more.
http://www.sbr.gov.bc.ca/individuals/property_taxes/home_owner_grant/northern_rural_hog.htm
Erika van der Grinten
Mobile Mortgage Specialist
TD Canada Trust
Tel: 604 740 2694
Fax: 1 888 781 9592
erika.vandergrinten@td.com
For those of you that are our regular blog readers, you already know that Shay and I are busy with buyers and sellers year round. Now though, the market is hot, we are running and it's a great time to sell or buy. Call us to set an appointment to sit down together with us and let's talk about your Real Estate Goals and needs.
We look forward to working together with you.
Barbie and Shay
Barbie 604 741.1239
Shay 604 989.9888
Reaching YOUR Goal is OUR Mission
Here is an important message in today from one of our Mortgage Specialists:
"Were you aware that starting this year, homeowners on the Sunshine Coast will be eligible for an additional $200 on their Home Owner Grant! That is a possible $770 deduction from the gross property taxes…..details below……"
Northern and Rural Area Homeowner Benefit
As announced in 2009, a northern and rural homeowner benefit of up to $200 will be available for the 2011 and subsequent tax years.
To be eligible for the benefit, you must meet the requirements for the basic and/or additional grant, and your home must be located in British Columbia, but outside the Capital Regional District (CRD), Greater Vancouver Regional District (GVRD) and Fraser Valley Regional District (FVRD).
For 2011, the home owner grant will be reduced on higher-valued properties by $5 for each $1,000 of assessed value over $1,150,000. The basic grant with a northern and rural homeowner benefit is eliminated on homes assessed at $1,304,000 or more, and the additional grant with a northern and rural homeowner benefit is eliminated on homes of $1,359,000 or more.
http://www.sbr.gov.bc.ca/individuals/property_taxes/home_owner_grant/northern_rural_hog.htm
Erika van der Grinten
Mobile Mortgage Specialist
TD Canada Trust
Tel: 604 740 2694
Fax: 1 888 781 9592
erika.vandergrinten@td.com
For those of you that are our regular blog readers, you already know that Shay and I are busy with buyers and sellers year round. Now though, the market is hot, we are running and it's a great time to sell or buy. Call us to set an appointment to sit down together with us and let's talk about your Real Estate Goals and needs.
We look forward to working together with you.
Barbie and Shay
Barbie 604 741.1239
Shay 604 989.9888
Reaching YOUR Goal is OUR Mission