Maria Hyponen - Forest Hill Real Estate Inc., Brokerage Vaughan

Buying your first home is an exciting adventure, but it can also feel overwhelming. To start on the right foot, get your finances in order by setting a realistic budget and obtaining mortgage pre-approval. This step not only clarifies what you can afford but also strengthens your position when making an offer.

Next, dive into neighbourhood research. Consider factors like schools, amenities, and commute times. Make a list of must-haves and nice-to-haves to keep your priorities clear as you tour properties.

Partnering with a seasoned Realtor® is a game changer. They bring valuable market insights, negotiate on your behalf, and help you avoid common pitfalls. Don’t hesitate to ask questions—your Realtor® is there to guide you every step.

Finally, remember the journey doesn’t end at the offer. Prepare for additional expenses such as home inspections, legal fees, and moving costs. A smooth closing requires patience and organisation.

Get mortgage pre-approved early
Research neighbourhoods thoroughly
Prioritize needs over wants
Work closely with your Realtor®
Plan for hidden costs ahead

The trademarks REALTORS^®, REALTOR^® and the REALTOR^® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS^®, Multiple Listing Service^® and the associated logos are owned by CREA and identify the quality of Services provided by real estate professionals who are members of CREA. All information displayed is believed to be accurate but is not guaranteed to be so and should be independently verified. There are no warranties or representations made. Not intended to solicit properties or buyers currently engaged in a Buyer Agency, or Listing Agreement.