Finding Your Home

The area you want to live in

Consider which area you want to live - do you have any specific preferences? Think about if you would like to be an area with schools close by, if you need to be in close proximity to public transportation and/ or if you prefer urban or rural regions. Research listings in the area you would like your property and discuss your options with your realtor.

Place an Offer On Your Dream House

Congratulations, you have found your dream home! The next step involves formally placing an offer on the home. Your offer may be conditional after discussing other factors found through a home inspection. Once the seller has accepted your offer, you will need your down-payment ready to place on the place on the house to secure the agreement. Ensure that you have the right government-issued identification documents ready for this process.

Complete a Home Inspection

A home inspection is a crucial step to indicate any problem areas in your new home that could bring potential complications in the future. Completing a home inspection can help you save money and avoid repairing issues in the house - bring up any issues you find to the seller and come up with a deal together to fix any of the issues that arise during the home inspection.

Closing

Closing your home is the last step in the home-buying process. This step involves added fees, such as land transfer tax, legal costs, moving costs, and more. Create room in your budget for the closing costs, as they are additional to the cost of your new home. The land transfer tax will need to be paid at once, and it is dependent on the location and price of your property. The legal costs can include other taxes, bills, lawyer fees for reviewing documents, registering a title and execution certificates.