Meet with a mortgage lender and ask if you can get a pre-qualification quote. Many will have no problem running a credit check for you and will run your budget through a calculator to determine approximately how much home you can afford. We suggest getting a couple pre-qualification quotes, from banks, mortgage brokers and credit unions. This way when the time is right you can make clear, well informed decisions, over who to use to finance your home.
Do you and your partner make under $120,000? Starting September 2nd, 2019, you can apply to finance a portion of your home through the Government of Canada in a no-interest equity loan. Learn more about the First Time Home Buyer Incentive here
2. Know What you Want
Make a list of what you need and want in a home. Now compare the two lists. Are there some things on your "want" list that you can do without to make the deal happen? This takes some careful thinking and planning for most first time homebuyers because the first time you buy a home you are usually faced with limited finances. What's on the market as an entry-level may not have all the bells and whistles that you are looking for so it's important to know what you can live without and what you can't.
3. Get Professional Representation
Hiring a real estate professional will ensure that each step in the home buying process is as stress-free as possible. We will be able to provide you with essential market information and recommendations on ideal properties that fit your criteria.
4. Be Objective
Often enough, people get emotional when purchasing their first home. It is important to keep an objective state of mind and think with your head, rather than your heart. Does this home really meet your requirements? Unless you absolutely have to move in a certain time frame, there is no need to make a hurried decision that you will regret.
5. Get a Home Inspection
Acquiring the services of a professional home inspector can save you thousands of dollars in the long-run. A home inspector will evaluate the home and reveal any repairs or damages that need to be fixed. Being aware of any structural damage to the home before closing will prevent you from being liable for any repairs in the future.
6. Listen to your lawyer
An often underutilized member of your home buying team is your real estate lawyer. It's his job to ensure all "I"s are dotted and all "T"s are crossed. Any paperwork mishaps, issues with finances, or other problems that arrise, often happen in their office.
Your home isn't technically your home until he, or she, hands you the keys.
MLS®#:N4718902 Status:For Sale Type:Residential Community:Rural Brock - Brock
Beautiful Bungalow Located On The Outskirts Of Beaverton On A Massive 80' X 268' Lot With Tonnes Of Parking Space. Single Garage With House Access. Spacious Master Suite Features Walk Out & 5 Pc Ensuite. Laminate Flooring & Modern Decor Throughout. 3rd Bdrm/Guest Room Is Combined With Laundry. Bright Kitchen With New Appliances & W/O To Yard. Great....More details
MLS®#:N4706989 Status:For Sale Type:Residential Community:Keswick North - Georgina
Waterfront Home In The Heart Of Keswick! 5 Min To Lake Simcoe. Perfect For All Year Round Outdoor Fun! Fully Functional Wet Boathouse. Enjoy Lake Access Without The High Waterfront Taxes! Fabulous Fully Renovated Lovely 2 Bedroom, Sun Filled Home With Easy Care Vinyl Flooring. Upgraded S/S Gas Stove And S/S Fridge. Close Proximity To Shopping, Dini....More details
MLS®#:N4713974 Status:For Sale Type:Residential Community:Historic Lakeshore Communities - Georgina
Spacious 4 Bedrm 3 Bath Family Home Is Located In The Exclusive Private Waterfront Community Of Historic Roches Point. Surrounded By Million Dollar+ Homes & Just Steps To The Shores Of Lake Simcoe, Features Include Newly Renovated Master Bedrm Retreat W/Cathedral Ceilings, French Doors, Ensuite Bath & Huge W/I Closet. Sun Filled Open Concept Living....More details
MLS®#:N4726154 Status:For Sale Type:Residential Community:Keswick South - Georgina
Sparkling Bungalow Located On A Mature 80 Ft In Town Lot W/Detached 20 X 20 Ft. Garage/Shop! Home Has Been Updated & Is Move In Ready. Kitchen Feat. Breakfast Area W/Bay Window & W/O To Large Deck, Master W/ W/I Closet & Large Living Room. Updates Over The Years Include Windows, Furnace, Roof, Insulation, Flooring & Newly Paved Driveway W/Ample Par....More details
MLS®#:N4710896 Status:For Sale Type:Residential Community:Sutton & Jackson's Point - Georgina
1100-1500 Sq Ft
Updated Bungalow Located On A Dead End Street W/Premium 92X250 Ft Lot (.529 Acre) & No Homes Behind! Home Features A Bright Open Concept Layout, Sunroom W/ W/O To Deck/ O/L Sprawling Backyard, Breezeway W/ Front/Rear Access & Heated Floors & Access To 2 Car Garage. (One Bay Is Being Used As Workshop Insulated & Heated W/Gas Furnace). Bright Finishe....More details
MLS®#:N4735768 Status:For Sale Type:Residential Community:Sutton & Jackson's Point - Georgina
1100-1500 Sq Ft
Charming 1300+ Sq.Ft 4 Bedroom Bungalow Located On A Private 75X187 Ft "Park Like" Lot. Updated W/Bright Open Concept Layout Featuring A Large Kitchen, Living/Dining Combination - Ideal For Entertaining, Master W/W/I Closet & 4 Pc Ensuite & 3 Additional Bedrooms. Great Location - Short Distance To Lake Simcoe, Close To Schools, Parks, Beaches & All....More details
Charming Almost New Meadow (1452 Sq.Ft.) Beautifully Decorated In Town Of Sunderland W/In Walking Distance To All Amenities. Open Concept Main Floor Features Kitchen With Centre Island, Great Room With Accent Wall And Garage Access. Master Suite W/ Lovely Bath And W/In Closet. Two Bright Additional Bedrooms And 2nd Floor Laundry Make This A Wonderf....More details
MLS®#:N4723061 Status:For Sale Type:Residential Community:Historic Lakeshore Communities - Georgina
Just 2 Lots From The Lake & Residents Access To Dock & Beach! Lake Simcoe Offers Great Swimming, Boating, Paddle Boarding & The Best Ice Fishing. This Year Round Home Or Week End Get A Way Is Close To Local Sandy Beaches, Golf, Marinas & Public Transit. Newer Kitchen. Detached Garage With Rear Bunkie. First Time Offered In 30 Years, Great Opportuni....More details
MLS®#:N4727695 Status:Sale Pending Type:Residential Community:Sutton & Jackson's Point - Georgina
Newer Townhome Conveniently Located In The Heart Of Sutton At Highway 48 For Easy Commute South.Steps To Local Amenities, Transit, Recreational Facilities & Parks.Tastefully Decorated W/Bright Principle Rooms Offering Gas Fireplace, Hardwood & Ceramic Floors, Centre Island Kitchen W/Granite Counters & Glass Backsplash, Main Floor Laundry & Access T....More details