Buyer’s Guide

Choosing to buy a home is one of the biggest decisions you will make in your life. It is a complex process that requires a lot of planning and the help of a knowledgeable REALTOR® to make it run smoothly. To ready you for this, here is a general overview of what to expect and prepare for.

Get Your Finances In Order

The first thing you will need to do is put money aside for a down payment. This amount is (at minimum) 5% of the purchase price of the home you are planning to buy. Second, you will need to meet with a mortgage broker to determine what you can afford. Shopping around for the best rate is highly recommended.

Visualize Your Dream Home

Once you have established a price range, it is time to decide what type of home will best suit your lifestyle. Think about things like access to schools and recreational facilities, what the neighbourhood is like, and so on. Why you are choosing to buy should help answer these questions for you, so think about it carefully. You may want to put this down in writing and create a needs vs wants list.

Meet With a REALTOR®

It is important to partner with a REALTOR® you feel completely comfortable with. A REALTOR® can help you find your dream home, a home that meets both your needs and your budget. They will set you up with viewing appointments and also help bring clarity to the complicated process of buying a home. You will want to go with an experienced and knowledgeable REALTOR® who you can be sure will represent your best interests.

The Search

Using the property search on this site and consulting with your REALTOR®, you will be able to find homes in your desired area. They will update you frequently regarding new listings and schedule you appointments with sellers.


Your REALTOR® can help you place an offer that the seller will either accept, counter, or reject. After you have negotiated an offer, you will need to conduct a home inspection and deal with any repairs (the cost of which you can also negotiate with the seller). Finalize your mortgage with a visit to your lender and you are ready to sign off on ownership. This typically takes place in a lawyer’s office.

At this point, congratulations are in order! Becoming a new homeowner is one of the most liberating experiences you will ever have. There are many benefits to home ownership — pride of ownership, the ability to make home improvements, building equity, appreciation, the list goes on and on.