First-Time Homebuyer Guide: Simple Steps to Get Started

Ryann Kuula

9/12/20252 min read

Open window with construction happening outside.

Understanding the Home Buying Process

Buying your first home is exciting, but it can feel overwhelming too. Don’t worry, I’ll break it down into easy steps so you know exactly what to expect

1. Save for Your Down Payment

You’ll need money set aside for your down payment. In Canada, the minimum is usually 5% of the purchase price. You’ll also want to budget for closing costs (lawyer fees, land transfer tax, inspection, etc.).

2. Get Pre-Approved for a Mortgage

Before looking at homes, talk to a bank or mortgage broker. They’ll tell you how much you can afford and lock in an interest rate. This way, you’re shopping with confidence.

3. Find the Right REALTOR®

Having someone in your corner makes the process much easier. I’ll guide you through showings, paperwork, and negotiations so you don’t feel lost.

4. Make Your Wishlist

Think about what’s most important:

- How many bedrooms and bathrooms do you need?

- Do you want a big yard or something low-maintenance?

- Which neighbourhood fits your lifestyle?

5. Start House Hunting

This is the fun part! We’ll go to showings and open houses until we find a home that feels right.

6. Make an Offer

Once you’ve found “the one,” I’ll help you write an offer that works for you. Sometimes there’s back-and-forth with the seller, but I’ll handle the details.

7. Do Your Checks

Before finalizing, we’ll arrange things like a home inspection and confirm financing. This step makes sure your new home is safe and a smart investment.