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Buy a home

Whether you’re just thinking about buying a home, or if you’ve made the decision, it’s important to consider the many financial and personal decisions you'll need to make before giving your formal offer.

The important thing is that you make the decision that's right for you.

The property you eventually buy is more than just an investment—it's going to be your home, your own piece of the neighbourhood. So don't rush into it. Take the time to investigate all your options.

Let us help you with the many decisions ahead so that when you sign your name to an offer, it's with the confidence that you've made the best choice possible.

"When you're looking at buying a home, make sure that you know your budget first, so you are looking at houses within your means."

Michelle, Mortgage Relationship Manager

Know where you’re at with your finances.

By looking at your current financial situation, you can determine the price range of homes available to you.

You may want to consider applying for a pre-approved mortgage.

With a pre-approved mortgage, we check your credit and verify your documentation in order to approve a specific loan amount. A pre-approved mortgage is usually valid for a specified period, such as 90 days.

Pre-approval will not only define the price range of homes you can look at, it will save you from having to make conditional purchase offers to potential vendors. Getting pre-approved will also give you an advantage over competing purchasers when you make offers to vendors, since it will show you are taking things seriously enough to have looked into financing.

Big yard? Two bathrooms? Consider what is important to you.

When looking at potential homes, take the time to consider all of the factors that are important to you. It may be a good idea to make a list of "must haves" as well as a list of things that would be nice if they were available.

You'll need to consider the physical layout and soundness of the structure and the property itself.  Also consider the location and the neighbourhood. Make sure to investigate whether municipal or regional authorities are planning changes to civic code, zoning or other by-laws that may affect the value or nature of the property in the future.

You may find it helpful at this stage to have a real estate agent who can keep you informed about these and other factors that might influence your decision. In any case, remember to take your time when buying a home. It's better to wait a little longer for the home you want, rather than end up with a mortgage for a home you’re not truly happy with.

See our mortgage rates

Get a mortgage that works with your life.

By looking at your current financial situation, you can determine the price range of homes available to you. G&F is here to work with you and guide you through the process, from making your financial plan, to owning a home. 

Read: Understanding mortgages

Smart Money Brochure

Read: Buying your first home

Smart Money Brochure

Learn more: Mortgages

Get pre-approved for a mortgage with G&F

Listen: First time homebuyers

Make an informed decision

Talk to a G&F Mortgage Relationship Manager.

Michelle Angeles