Becoming a homeowner: a guide to buying your first home
Our experts offer advice on how to make home ownership a reality, covering topics from down payments to pre-approved mortgages to the Home Buyers’ Plan.
Becoming the owner of a first home or condo is something you’ll need to think about and plan for, but that comes with a lot of benefits. Buying a first home not only means planning for the future, never paying rent to someone else again and owning your own personal domain… it can also prove to be a very attractive investment.
However, becoming a homeowner also means understanding a bunch of things that may not be familiar to you: down payments, pre-approved mortgages, the Home Buyers’ Plan, etc. Fortunately there are tools available to you, and experts ready to help you through every stage on your way to the notary, and on to moving day!
Until then, here’s everything you need to know when it comes to buying a first home or condo. Learn about the unavoidable expenses you need to plan for, tips on how to raise a down payment, details on the Home Buyers’ Plan (HBP), the steps towards securing a mortgage as well as the risks that come with owning a property.
Buying your first home or condo is a life event you need to plan for carefully, before you start planning your housewarming party!