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®#:N4587626 Status:For Sale Type:Residential Community:Keswick North - Georgina
Quiet Street Just Steps To Lake Simcoe With Deeded Beach Access. 3 Bedroom Bungalow On A 50'X200' Lot. Spacious Driveway, Huge Storage Shed. Bright Open Concept Kitchen & Living Room With Vaulted Ceiling And Walkout To Yard. Easy Commute Via Woodbine & Short Distance To Hwy 404. Approx 3' High Crawl Space. Newer Forced Air Gas Furnace. Metal Roof A....More details
MLS®#:N4588999 Status:For Sale Type:Residential Community:Pefferlaw - Georgina
Nothing To Do But Move In & Enjoy This Beauty! Ideal Home For First Time Home Buyer Or Retirement. Gorgeous Modern Kitchen Featuring Soft Close Drawers,Quartz Counters & Brand New Stainless Steel Fridge & Stove. Nice Privacy Hedged Lot, Quiet Street, Only Steps Away From Beach, Park & Boat Launch. Open Concept Layout, Laminate Floors Throughout, Wa....More details
MLS®#:N4591215 Status:For Sale Type:Residential Community:Pefferlaw - Georgina
Gorgeous Custom 3 Bedroom 3 Bath 2 Storey Brand New 1500 Sq Ft Home. Fully Open Concept House With An Amazing Master Bedroom, Giant Walk In Closet And Master Ensuite. Mins From All The Amenities And 404. Country Living At Its Finest
MLS®#:N4534323 Status:For Sale Type:Residential Community:Rural Brock - Brock
Perfect Location For Any One Who Wants The Country Life Living. Gorgeous Large Lot In The Sought After Area Of Port Bolster. Lots Of Improvements Completed On The Home Such As; All New Electrical, New Roof , New Insulation, New Windows And So Much More. House Has Been Re-Done With A Lot Of Skill, Hardwork And Love, Just Need To Take A Look For Your....More details
Almost Aurora! "The Legends" A Charming Exclusive Small Scale Townhouse Community Backing St. Andrew Golf Course.Ground Floor End Unit Bungalow Features A Private Westerly Exposed Patio Overlooking Mature Trees. Great Location With Transit, Shopping, Rec Facilities All Conveniently Close! Freshly Painted & Stylish New Flooring. Open Concept Living....More details
MLS®#:N4584107 Status:Sale Pending Type:Residential Community:Sutton & Jackson's Point - Georgina
This 3 Bdrm Bungalow Is Located In The Heart Of Sutton On A Lovely Mature Cul De Sac. Walking Distance To Local Shops, Restaurants & Recreational Facilities. Freshly Painted Thru-Out Main Floor. W/O To Large Deck & Private Back Yard. Updated Bathroom With Accessible Shower. Partially Finished Basement Offers Pellet Stove For Secondary Heat & Second....More details
MLS®#:N4283571 Status:For Sale Type:Residential Community:Beaverton - Brock
5000+ Sq Ft
Great Investment Opportunity In The Heart Of Beaverton. Property Located On The River. 9000 Sqft Building Consisting Of 2500 Sqft. Store Plus Bachelor Apartment Main Floor. Three Apartments On The 2nd Floor And A One Bedroom On The 3rd Floor. Building Offers Lots Of Potential. Great Opportunity To Run Your Own Store And Live There Too!
MLS®#:N4602906 Status:For Sale Type:Residential Community:Keswick North - Georgina
:Charming 2+1 Bedroom Bungalow, Close To Lake Simcoe, In The Heart Of Keswick! New Kitchen & New 4 Piece Bathroom Plus Walkout To Deck From Master Bedroom . Finished Basement Includes 2nd Washroom Along With Separate Entrance To Large Fenced Backyard. Great Location With Paved Driveway, Close To Transit, Shopping & Highway 404.
MLS®#:N4585695 Status:For Sale Type:Residential Community:Sunderland - Brock
1500-2000 Sq Ft
Sweet Family Home! Lovely Community! Great Location, Just Mins To School! Tastefully Decorated Thru-Out! Nice Living Rm Open To Dining Rm With Laminate Flooring. Kitchen With Walkout To Deck. Updated Baths, Entrance To Garage, Fin Bsmt With Family Room & Bar & 3 Pc Bath. Updates Include Roof(2013), Windows(2014), Gas Furnace & Gas Hot Water Heater(....More details
MLS®#:N4563607 Status:For Sale Type:Residential Community:Beaverton - Brock
Location, Location!! Lovely 2 Bdrm Home On A 66\' X 409\' Lot, Backing Onto Green Space , Steps To Lake Simcoe And Minutes To The Marina. Oversized 1 1/2 Car Detached Garage Plus Large Shed For Additional Storage.