First-time Homebuyer Checklist

Dated: October 5 2022

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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.

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