Reducing Closing Costs for First-Time Buyers Reducing Closing Costs for First-Time Buyers Buying a house is just the first hurdle to overcome. Afterthat comes closing costs, legal fees, inspections and more, which can amount to thousands of dollars. A re-elected Liberal government will: Double the First-Time Home Buyers’ Tax Credit, from $5,000 to $10,000, which will put $1,500 in your pocket to make a home purchase a little bit easier. Share
