FIRST-TIME HOMEBUYERS


We all know that the real estate market in the greater Toronto Area is in a sustained ‘sellers market'. 

As a buyer, you should be prepared and be ready to take action when the right property comes along. For first-time buyers, there is a lot that you need to know and not just about the market but also about the entire buying process: 

 BE AN EDUCATED BUYER 
Learn as much as you can about the market before you buy. The Toronto real estate market is extremely competitive, and you don’t want to be caught napping. 

  BE HONEST AND OPEN WITH YOUR REALTOR 
I work for you and can best help you if I have a good understanding of your needs. Once I know your needs, my job is to be your objective guide in the process, and to ensure your needs and interests are met and protected. The more info I have from (and about) you, the better I can do my job. 

 GET PRE-APPROVED FOR YOUR MORTGAGE AS SOON AS POSSIBLE
It helps you determine your budget and locks in today’s best rate for you. I refer many clients to mortgage professionals should they need one. You speak to them all and pick the one you think is the best fit for you. 

 BUY THE BEST HOME YOU CAN AFFORD IN THE BEST NEIGHBOURHOOD YOU CAN AFFORD 
You are almost always better off with the least expensive home in the area rather than the most expensive. That said, I strongly recommend that you be conservative with your budget. 


There are no perfect homes. Know what’s most important to you and be ready to make compromises and concessions. 

Here are more tips:  
Things to consider
Buyer's checklist 
 
Here are some government programs and incentives for first-time home buyers: 
Home Buyers' Plan (HBP)
Land Transfer Tax Refunds 
First Time Home Buyer Tax Credit (HBTC)
 
Calculate your mortgage and taxes:
 


To get the ball rolling, type below where you would like to live, what type of property you are looking for and the price range your are comfortable with and you will receive all the available listings that fit your search criteria as well as daily updates every morning. It's that simple. 
Rather not fill out a form? No problem! Give me a call: 416-219-6662 or fill out the simple version form below and let's chat! 

 Get Listings in Your Inbox Every Morning

 
SEND ME AN E-MAIL & LET'S CHAT
COFFEE IS ON ME!
Brian C. Mayer Sales Representative
1 Message Us On Facebook Message us on Facebook!
close