First-time Homebuyer Checklist

Dated: October 5 2022

Views: 41

First-time Homebuyer Checklist

All the steps you need to know, from starting your buying journey to preparing the closing.

Prepare your finances

  • Get pre-approved for a mortgage.
  • Prepare all required documentation for the pre-approval and hand in to your mortgage broker.
  • Set money aside for the deposit.

Determine what kind of home you want

  • Type of dwelling and location
  • Number of bedrooms and bathrooms
  • Special requests (amenities, school zones, etc.).
  • Deal breakers
  • Time frame for moving
  • Price range

Find a Realtor

Prepare your search

  • Go over your list of needs and wants with your Realtor.
  • View desired homes and use a comparison sheet.

Submit an offer

  • Determine your negotiation approach with your Realtor.
  • Sign all the required documents.
  • Prepare your deposit.
  • Complete the inspection and financing requirements during the conditional period.

Prepare for the closing

  • Do a final walk-through of your future home.
  • Meet with your mortgage broker.
  • Meet with your lawyer.
  • Prepare the money for the closing costs (down payment, land transfer tax, lawyer fees, etc.).
  • Reserve movers, if needed.

Enjoy your new home and make new memories!

Buying a home can be easy when you have experts to guide through every step of the way!

Call or send us an email to schedule your free, no commitment, buying consultation.
613-707-5146

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