Buying a home is an exciting experience but a big decision with many steps.
If you are interested in becoming a homeowner here is a quick overview of the process:
- Consider if home buying is the right option for you
- Set a budget
- Meet with a mortgage specialist
- Find a real estate agent
- Make an offer on a home
- Complete a home inspection
- Select a loan
- Have the home appraised
- Coordinate and complete all relevant paperwork
- Close the sale
Most banks offer many helpful resources and calculations to help you plan for home ownership and assist you through the home buying process. The Canadian Mortgage and Housing Corporate (CMHC) is also a great resource.
When you are ready to start looking for a house, contact the Grande Prairie and Area Association of Realtors to find your future home.