Locations across Canada
Buying a home is a big job, so being prepared is key to making the process smoother. Think of yourself as the CEO of your home-buying operation. You’ll be managing your team of professionals—including your real estate agent, appraiser, inspector, lender, title company, and attorney—all of whom are there to help and advise you, but the final decisions are yours.
By now, you’ve likely considered the pros and cons of renting vs. owning. Homeownership offers tax benefits, equity growth, and the freedom to customize your space. But it also comes with long-term debt, initial financial strain, and maintenance responsibilities. Plus, there’s always a risk of depreciation if the neighborhood value drops. Still, you’ve decided the benefits outweigh the risks.
Whether you’re buying a house, condo, or co-op, the process is mostly the same. Before you start house hunting, make sure to explore neighboring areas—different locations can offer varying prices, taxes, and community amenities. You may have a specific home style or age in mind, but remember: older homes often require more upkeep. If you’re open to homes that need work, factor in the costs of repairs into your budget.
Take advantage of the “home inspection clause” and be sure to hire a qualified home inspector to inspect the property and provide you with a written report of their findings before closing.
Find your inspector here.
