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Getting started

A good place to start is with a detailed 'wish list' for your new home - a comparison of your wants or wishes and your needs. For example:

Wants
• swimming pool
• horse facilities
• three car garage
• view of the River Valley
• south-facing yard
Needs
• near schools
• four bedrooms
• attached garage
• close to bus route
• large garden

Include the type of housing - detached home or condominium, bungalow or two-story, and size - which best suits your needs. Consider location, transportation or commuting time, and new or resale.

If you are handy with tools or a paint brush, you might consider a home with a great floor plan even though it’s in need of some repairs or updating. Otherwise, a home in a newer community might be more suitable.

Make it a family decision—include the children and your spouse. Or, if you're buying on your own, talk to friends about their home buying experience.

Your REALTOR can help you prioritize your list; perhaps offer new suggestions. CMHC also offers Homebuying Step by Step - A Consumer Guide and Workbook.

Working with a REALTOR can save you time and money when buying a property.

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