Know Your Budget
Start by figuring out what you can afford. Talk to a mortgage specialist about getting pre-approved. This shows you what your monthly payments might be and makes you look serious to sellers.
Decide What You Need
Think about what you really need in a home. How many bedrooms? Which neighbourhoods? Do you want parking, a yard, or good transit nearby? Making a list of your must-haves and nice-to-haves will keep your search focused.
Work with the Right REALTOR®
Work with a trusted REALTOR® who knows the area well. Your agent is there to guide you, answer questions, set up viewings, and negotiate on your behalf. A good REALTOR® will help you see the real value of a home and avoid costly mistakes.
Plan for Extra Costs
Remember there are extra costs besides the price of the home. You’ll need to budget for things like land transfer tax, legal fees, a home inspection, and moving costs. These can add up to a few thousand dollars.
“Did you know? In Ontario, first-time buyers can get a rebate on the land transfer tax—up to $4,000—making a big difference in your closing costs.”
Be Ready, but Don’t Rush
Take your time to make the right choice, but be ready to act when you find the right place. Homes in popular areas can sell quickly, so knowing what you want and what you can afford helps you move with confidence.
Make It Yours
Buying your first home isn’t just about the transaction—it’s about finding a place to make your own. If you’re ready to start the process, reach out. I’d be happy to help you take the first step.
