In our last email, we hinted that buying new has financial benefits for you as a buyer. This week we’re going into detail to more thoroughly explain why buying new is in your best interest:
Peace of Mind Warranty
Why risk the hassle of constant repairs and maintenance used homes need, when Imperial Heights has a New Buyer Warranty? This warranty provides coverage for 2, 5, and 10 years, covering the structure of our building and your unit.This means you can move in with the peace
of mind that not only are you moving into a beautiful, award-winning building, warranty will cover the potential hiccups life throws at you for up to 10 years after you move in.
This policy is unique to new buildings like Imperial Heights, and does not apply to any buildings
that have had previous occupants.
Tax Breaks
Property transfer taxes can be a big ding when you decide you want to move, charging 1% on
the first 2K of a property, and 2% on the remaining. Based on the average price of condos, apartments, and townhouses that we told you about in our last email, this can cost youover $3,500.
Buying new at Imperial Heights means you don’t have to pay property transfer tax, and saves
you that unnecessary cost!
GST Rebates
GST, like most taxes, can be a pesky hidden cost when you’re buying a home, which is yet another reason why buying new is so beneficial.
Imperial Heights falls under New Housing Rebates, allowing you to get you back approximately $5,000 of the GST you would normally sinkinto a property.
That’s a total of $8,500 savings, to put towards anything you’d like!
Appliance Credit
Additionally, Imperial Heights is offering a $2,500 credit towards appliances of your choice and preference, saving you even more money now anddown the road.
All of this is in on top of the luxury of owning a newly built property that doesn’t have a questionable history, or risks needing constant repairs and upkeep.
As one of the only new housing options available in Salmon Arm right now, our units are moving quickly, so be sure to attend one of our many open houses, or contact us today to reserve your future home.
Talk to you again soon!
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