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®#:N4898648 Status:For Sale Type:Residential Community:Keswick South - Georgina
Fantastic 4 Bdrm Home On A Fully Fenced 50\'X187\' Lot With Spacious Driveway & Awesome Detached Insulated Garage With 110 Service Heated By Woodstove. Bright Family Sized Kitchen With Hardwood Floors And Walkout To Deck And Above Ground Pool. Main Floor Master Bdrm With W/In Closet. Great Location - Steps To Lake, Beach & Marina....More details
MLS®#:N4887236 Status:For Sale Type:Residential Community:Beaverton - Brock
Stunning "Elevation B" Brick & Stone Bungalow Located In The Heart Of Beaverton Just Steps To Lake Simcoe & All Amenities! Bright O/C Floor Plan Featuring Gorgeous Sun Filled Designer Kitchen W/Ss Appliances, Quartz Counters,& Family Sized Breakfast Area W/Direct W/O To Entertainment Deck. Living/Dining Room W/Hardwood Flooring, Pot Lights & Large ....More details
MLS®#:N4887242 Status:For Sale Type:Residential Community:Beaverton - Brock
Stunning Brick & Stone Bungalow Located In The Heart Of Beaverton Just Steps To Lake Simcoe & All Amenities! Bright O/C Floor Plan Featuring Gorgeous Sun Filled Designer Kitchen W/Ss Appliances, Quartz Counters,& Family Sized Breakfast Area W/Direct W/O To Entertainment Deck. Living/Dining Room W/Hardwood Flooring, Pot Lights & Large Windows. Impr....More details
MLS®#:N4870081 Status:For Sale Type:Residential Community:Beaverton - Brock
1100-1500 Sq Ft
New Home To Be Built! Beautiful Custom, 3Bed, 3 Bath, 2 Storey, @1550Sqft Home On Desirable Maple Beach Rd. Steps To Lake Simcoe, Open Concept, Huge Master Suite With Walk In Closet, Live Where Everyone Else Plays! Minutes To Beaverton, 30 Minutes To 404.
MLS®#:N4923684 Status:For Sale Type:Residential Community:Keswick South - Georgina
Charming 3 + 1 Bedroom Home In The Centre Of Keswick. The Perfect Size For A Growing Family With Multiple Updates Throughout (New Shingles 2018, The Majority Of Windows New 2018, New Furnace 2015, New A/C 2018, New Garage Door 2018, And Updated Washroom). The Full Basement Features The 4th Bedroom, A Washroom And A Partially Finished Rec. Room Awai....More details
MLS®#:N4917080 Status:For Sale Type:Residential Community:Beaverton - Brock
1100-1500 Sq Ft
Minutes To Lake Simcoe! This 2 Years New Home Is An Ideal Starter Or Downsize With Bright And Spacious Open Concept Layout. Modern Kitchen Features Granite Counter Tops, Stainless Steel Appliances And Walk Out To Yard. Large Master Bedroom With Main Floor Laundry. Easy 45 Min Commute To Newmarket.
MLS®#:N4869480 Status:For Sale Type:Residential Community:Sutton & Jackson's Point - Georgina
Private Shared Use (With 1 Other) Of Lot 5 At Waterfront Includes Stair Walkway & Deck Access Overlooking Lake With Stairs To Beach. Bungalow On Corner Lot With Water View Offers Tenant Income While Planning To Build. Increased Legal Footprint In 2016 For Raised Basement/2 Storey Home. Walk To Local Shops, Restaurants, Golf & Transit. Sensational S....More details
MLS®#:N4922701 Status:For Sale Type:Residential Community:Rural Brock - Brock
Spacious Family Home On 1.6 Acre Property. Ideal For The Growing Family With 5 Bdrms, 3 Baths & 2 Kitchens. Currently 2 Separate Living Quarters But Could Convert To Single Family Residence. Main Living Areas Open Concept With Laminate Floor Thruout. Several Walkouts! Cool Loft Rm Would Made Great Games Rm. 2 Road Frontages With Circular Driveway ....More details