Tamarack Homes will be applying GST/PST directly to the purchase price on all new Agreements of Purchase and Sale (APS), for First-Time Home Buyers.
Please make note of the following:
- The FTHB rebate will appear on the purchaser’s Statement of Adjustments at closing.
- Tamarack Homes will revise all documentation and internal procedures as soon as the legislation takes effect.
Please speak with your mortgage representative about how this affects your approval amount, as it may impact what you qualify for depending on whether the rebate is included or not.