CONGRATULATIONS!

YOU'RE LOOKING TO BUY A HOME OF YOUR OWN.

WE ARE HAPPY TO HELP.
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BUYING (+) PROS

  1. Freedom to renovate or modify your home as you wish
  2. You are building up equity in a safe, secure investment as you pay down your mortgage
  3. Potential for rental income if you include a secondary suite
  4. Stability and peace of mind that comes from being in control of your investment and owning the place where you live
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BUYING (-) CONS

  1. The risk of financial loss if your home has lost value when you sell
  2. Responsibility for all ongoing costs including mortgage principal and interest, property taxes, insurance and maintenance
  3. Monthly payments can increase significantly if interest rates go up at renewal time
  4. Possibility of unexpected and potentially costly repairs

BE READY ($)

Figure out the upfront costs that come with buying a home:
  • Down payment
  • Home inspection and appraisal fees
  • Insurance costs — including property insurance, mortgage loan insurance
  • Land registration fee
  • Prepaid property taxes and utility bills
  • Legal or notary fees
  • Potential repairs or renovations
  • Moving costs
  • GST/HST/QST on the purchase price (for newly built homes or on the mortgage loan insurance - if applicable)

Get Pre-Approved

It’s a good idea to get pre-approved for a mortgage before you start looking for a home. But first you need to
understand exactly what being “pre-approved” means.

A pre-approved mortgage lets you know how much you can afford, what your interest rate will be and what your monthly mortgage payments will look like. 

Getting pre-approved can help you narrow your search down to a specific home type, size or neighbourhood.
Getting pre-approved is not a guarantee of final approval for a mortgage. Once you find the home you want to buy, the property still has to be evaluated to ensure the price and condition of the home are acceptable to your lender. 
Questions?

ESSENTIAL TO DECIDE ON 'MUST HAVE' VS. 'NICE TO HAVE' ASPECTS

LOCATION

Do you want to live downtown, in the suburbs or in a more rural environment? Does the neighbourhood have a look and feel that suits your style? Do you want to live close enough to work, school, shopping, recreation facilities, health services and public transit that you won’t need a car to get around?

SIZE

How many bedrooms or bathrooms do you need? Do you need space for a home office or for extra storage? Do you need a garage?

SPECIAL FEATURES

Is an air conditioner or a swimming pool on your list? Do your family members have allergies, environmental sensitivities or other special needs? Is it important that your home be energy efficient and environmentally friendly Will you need it to adapt to changing needs as you age?

LIFESTYLE

Are you planning to have children? Do you have any teenage children who will be moving away soon? Are you close to retirement? Do you want to live where you can go for walks or take your kids to a park? Do you want to live close to a community centre or place of worship? Is it important that you live close to family and friends?

Interested in our services? 
We’re here to help!

We want to know your needs so that we can provide top-notch service that leads to a win-win solution. 

Let us know what you want and we’ll do our best to help.