-The First Time Home Buyers Incentive is a loan program that helps to make home ownership more affordable by assisting qualified first-time homebuyers in reducing their monthly mortgage payments.
-It provides first-time home buyers across Canada with 5% or 10% of the homes purchase price to put towards the down payment.
-The incentive must be paid back in full after 25 years, or when the home is sold.
-You could be closer to buying a home thank you think
Benefits of Owning a Green Home
The concept of sustainability and going green is not new. This lifestyle is beneficial to people’s health as well as the environment, and interestingly, your finances too. When you lead a green lifestyle, you essentially decrease carbon emissions and enjoy a healthy internal as well as external environment in your home. Although the initial costs of setting up green structures may be on the expensive side, the investment is definitely worth the bucks when you consider its implications on your finances and the environment.
There are several health-based advantages associated with owning a green home. Today’s traditional buildings lack proper ventilation and thus, the indoor air quality is usually more polluted when compared to the air outside. This can negatively affect your health and can cause respiratory issues such as asthma. Alternatively, certified green properties usually enjoy impeccable airflow and ventilation. Moreover, the building materials are usually toxin-free and there are lesser issues associated with mold and mildew.
Today, a substantial part of carbon emissions are generated by homes, and a green home usually creates a smaller carbon footprint as better insulation is used to construct such homes, which also boast energy-efficient appliances. To build greenstructures, sustainable or recycled materials are used, which considerably decrease the overall effect on the environment. Moreover, proper green buildings make the most of natural lighting as well as air flow, decreasing the use of artificial lights and other appliances to manipulate the temperature.
Green buildings help decrease energy usage and thus, energy-based expenses. In green structures, the ventilation systems are insulated better for the reduction of air leakage. Moreover, builders tend to install fixtures that help in the conservation of water as well, which are especially energy-efficient. Although the preliminary expenses are a little higher, your bills every month will witness a substantial decline.
Owning a green property comes with several other financial, environmental, and health benefits. By opting for a green home, you essentially save money and the earth, while you enjoy a healthy environment. In case you want to buy a new house, do consider a green property. If you have any queries regarding green properties today, please call me us at 416-645-3755 for more information.