First Time Buyers

✅ First-Time Homebuyer Checklist

Everything you need to know before buying your first home

Step 1: Know Your Numbers

• ✅ Check your credit score (aim for 680+).
• ✅ Save for a down payment (5–20%).
• ✅ Budget for closing costs (1.5–4% of purchase price).

Step 2: Get Pre-Approved

• ✅ Gather your documents (pay stubs, tax returns, ID, bank statements).
• ✅ Work with a mortgage agent to see how much you can afford.
• ✅ Lock in your pre-approval rate.

Step 3: Build Your Home Team

• ✅ Realtor (to help you find the right home).
• ✅ Mortgage Agent (to secure the best financing).
• ✅ Lawyer (to review your purchase).
• ✅ Home Inspector (to protect your investment).

Step 4: Shopping & Offers

• ✅ Decide on must-haves vs. nice-to-haves.
• ✅ Factor in commute, schools, and neighbourhood.
• ✅ Understand how offers, conditions, and bidding wars work.

Step 5: Closing the Deal

• ✅ Review mortgage terms and sign with your lawyer.
• ✅ Set up utilities, insurance, and property taxes.
• ✅ Celebrate getting your keys! 🎉