Yes I know, your friends are doing it, your co-workers all did it, your mom is asking when you too will be buying your first home. I know, you want to own a place too and are sick of paying rent to someone else. But really, did you think about this carefully enough? Are you ready to get into the most important financial decision of your life? Let’s find out:

.do you have debts?

.do you live from pay cheque to pay cheque?

.if you were faced with an unexpected maintenance bill or condo assessment, could you write a cheque for a few thousand dollars without too much hardship?

.do you know where you want to live long-term i.e. 5 + years?

.Is your job secure?

.Did you figure out how much you can really afford to pay in housing costs including maintenance and property tax?

.Did you figure out how much of a mortgage you can COMFORTABLY afford keeping your lifestyle?

After answering these few questions, do you still feel ready?  If you say yes.  Congratulations.  If not, why rush into real estate when you are not ready. Why put unnecessary hardship on yourself? It just makes good financial sense to think this through carefully.

Take the time to do your homework and ask for our opinion regarding your situation. We can be your best friend, help you make wise decisions and help you you get ready for the biggest financial decision of your life.

Print our free infokit on how to plan to buy your first home.  You can find it in the client centre section of our website. 

You should also visit the Canadian Mortgage & Housing Corporation for consumer at