[vc_row full_width=”stretch_row”][vc_column width=”1\/1″][vc_single_image image=”1553″ border_color=”grey” img_link_large=”” img_link_target=”_self” img_size=”large”][\/vc_column][\/vc_row][vc_row][vc_column width=”1\/1″][vc_column_text]Our services are designed to assist investors with closing a new build investment property.\u00a0 HST Relief: Rebates & Loans will lend you the HST New Housing Rebate amount needed to close your investment property (up to $31,000) and we will file your Rebate with the CRA to get your money back.<\/p>\n
The price set out in your Agreement of Purchase and Sale from the builder assumes that the purchaser will be using the property as a primary residence and therefore, the builder will receive your property’s HST New Housing Rebate.\u00a0 \u00a0This way, the builder does not need to charge you the HST in addition to the sale price.\u00a0 \u00a0However, if the new build investment property will be non-owner occupied, you are required to pay the HST in full on the date of final closing and title transfer.[\/vc_column_text]
The HST Relief: Rebates & Loans services include filing<\/strong> for the rebate, lending<\/strong> up to $31,000 to cover your HST and collecting<\/strong> your rebate from CRA. Prospective clients’ credit and debt service ratios must be within our parameters as HST Relief secures the loan as a second mortgage.<\/p>\n