Buying A Home
Buying a home is one of the most important financial decisions you may make in your lifetime. Few joys can match the pride of owning the roof over your head, but you will have to make some sacrifices. There’s the obvious financial responsibility, but your home will also require constant care.
If you’re a new homebuyer, your first home will likely be the biggest financial obligation you’ve ever faced. You should already be an experienced saver and good at managing debt like student loans or credit cards. Ideally, you’ve also saved up some money for a nice down payment. Talk to your financial institution about the Home Buyers Plan (HBP) too. The Home Buyers' Plan is a program that allows you to withdraw up to $25,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability.
Whether you’re buying your first home or you’re downsizing into your last home, the expertise of a professional REALTOR® can help you navigate the entire process from start to finish.