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PEI Real Estate Report - First Time Homebuyers

Are you buying a home for the first time? Did you know that if the property you are purchasing is under $200,000, even just a $1 less, you are not required to pay Land Transfer Tax which is 1% of the greater purchase price or assessed value of the real property. That means you will save close to $2000. If your purchase price is under $200,000 you are even eligible for reduced legal registration fees. ...
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