Are you about to purchase your 1st Home?

Congratulations! What an exciting and FULL time in your life. There are so many boxes to check and things to look for, we are here to help. 
This page is for you – to take a little of the overwhelm out of this experience so that you can start celebrating and get comfy in your new space! 

Other things to Consider.

Separate costs you may need to budget for include:


Home appraisal
Mortgage lenders may ask you to have an appraisal done as part of the mortgage approval process. An appraiser provides a professional opinion about the market value of the home you want to buy. An appraisal fee is generally between $350 and $500. For more information on the appraisal process, read the guide from the Appraisal Institute of Canada.

Home inspection
An inspector provides a comprehensive visual inspection of a home’s overall structure, major systems and components such as:
  • electrical and plumbing systems
  • the foundation
  • the roof

CMHC recommends that you include a home inspection as a condition when you make an offer.

Moving costs
Before moving in, you may also have to pay for:
  • moving costs
  • storage costs
  • real estate costs for selling your home (if applicable)
  • redirecting mail
(Find out what to consider when choosing a moving company, and how to plan for moving day costs.)

YOUR First Time Home Buyer Incentive

The First-Time Home Buyer Incentive
This incentive offers 5% or 10% of your home’s purchase price to put towards a down payment. 
Learn more about the First-Time Home Buyer Incentive.

#insurely - Your fastest Call Back in Canada