06/12/2025
🏡 First-Time Buyer? Here Are 3 Things to Do BEFORE You Fall in Love with a Home 💬
Buying your first home is exciting — but before you start envisioning your future in that perfect kitchen, make sure you're financially ready. Here's how to set yourself up for success:
1️⃣ Get Pre-Approved for a Mortgage
Know your budget before you browse. A pre-approval tells you how much you can borrow and shows sellers you're serious. It also locks in your mortgage rate for up to 90 days.
2️⃣ Create a Realistic Budget
Factor in all costs: mortgage payments, property taxes, utilities, maintenance, and moving expenses. Aim to stay within your means to avoid financial stress later on.
3️⃣ Research First-Time Buyer Incentives
Explore programs like the First-Time Home Buyer Incentive and Land Transfer Tax Refunds. In Ontario, you can also borrow up to $35,000 from your RRSP.
💬 Ready to take the next step? Let's chat about your goals and how to make them a reality.
📞 Call or DM me today!