Buying Your First Home in Canada

Homeownership, finding and purchasing that dream house, can be very exciting and frightening at the same time.

Exciting because you will live in a dream house which you can call your own, frightening because you will be making the biggest purchase of your life and you are worried about making a mistake.

I remember that sleepless night when I signed the Agreement of Purchase and Sale (it’s a written contract between person selling a home [aka seller] and a buyer [that’s you!]). I was up all-night debating whether I made a good or bad decision by buying my first home, and so was my wife. After all, we are talking about hundred of thousands of dollars at stake here.

After several years of that decision, when I sold my house making a lot of profit, I realized it was one of the best decisions of my life.

So, what does it takes to buy your first home in Canada?

Buying your first home requires careful planning, saving enough for the down payment, getting pre-approval for mortgage (to evaluate and decide on your budget), hiring a Realtor (like me!) to assist you in buying a good property (there are lot of good and bad properties out there), searching for the right house (after visiting and evaluating a lot of bad houses), celebrating (oops, you have to first make an offer), your Realtor (that’s me or someone like me!) makes an offer on your behalf, celebrate after your offer is accepted, closing and getting keys for your dream home.

Does this sound complicated? Yes, it sure is! This is exactly why hiring a Real Estate Agent who can provide professional guidance and services is a must for any home buyer, especially while buying your first home.

What does it cost to hire a Real Estate Agent for buying your dream home? The exact amount is $zero. Yup, you read it right, its free for you. Seller, the person who is selling the house gives a small commission to your Real Estate Agent, alright that’s me, Gurpreet Singh. This means that you do not have to pay me anything for buying your dream home.

  • Do I charge for consultation on phone? What about in-person consultation? Nope, $zero for that too.
  • Do I charge you for showing properties you like? Nada, $0.0 for that.
  • Do I negotiate the property price to save you thousands of dollars? Absolutely yes.
  • Do I force you to buy a home you are not sure about? Definitely No. You will have to pay mortgage for the next 25 years so it should be you who needs to make a decision, and not me. Of course, I will guide you through the entire process to best of my abilities.

I know that hiring a real estate agent is a big decision, but I encourage you to take a chance on me. Reach out to me when you are ready to buy your dream home (or even before that, I will help you in planning your entire home buying journey).

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