First Time Home Buyers

So you have decided to take the plunge and purchase your first home, well you come to the right place, I specialize in helping first time buyers or as TV glamorizes it “Property Virgins”.  You been told time and time  purchasing a home is the single biggest asset purchase that you will ever make in your life!!  So make sure its right for you, their are many myths and and horror stories, if you want the facts and what is exactly required to purchase your first home let me assist you. 
I can make it very simple for you if you let me guide you thru the process, I have helped many buyers over the years to purchase their first home or Condo in the GTA market.  If its your first house or condo let me be the one to help you and guide you thru this important transaction, if you are ready to proceed call me first I will go thru a first time home buyer presentation kit over a cup of coffee at my office or a coffee shop.
1. Pre-Qualification

Meet with a mortgage lender and see if you can get pre-qualified for a loan. You can also see how much you will be able to afford to pay for a home. Sellers will be much more responsive to serious buyers who are pre-qualified.

2. Know What you Want

Make a list of what you need and want in a home. This takes some careful thinking and planning. Once you know exactly what you are looking for in a home, your real estate agent will be able to begin searching for your dream home.

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. Your representative will be able to provide you with essential market information and recommendations on ideal properties that fit your criteria.

4. Be Objective

Often enough, first time buyers 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? With so many homes on the market, there is no need to make a hurried decision that you will regret in the future.

 5. 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.

Important Links & Resources For First Time Home Buyers

Are you fit to buy???
First time home buyer land transfer credit
CMHC fees what you need to know
RRSP contributions first time home buyer what you need to know