Get Pre-Approved for a Mortgage
Before you start shopping, get pre-approved by a lender. This tells you exactly how much you can afford and shows sellers you're a serious buyer. We can recommend trusted mortgage brokers.
Pro Tips:
- Compare rates from multiple lenders
- Get pre-approved, not just pre-qualified
- Lock in your rate for 90-120 days
Define Your Criteria
Work with your agent to identify your must-haves, nice-to-haves, and deal-breakers. Consider neighbourhood, property type, size, and budget to focus your search.
Pro Tips:
- List your top 5 priorities
- Be realistic about trade-offs
- Consider future needs (5-10 years)
Search for Properties
Your agent will set up automated searches and schedule showings. Expect to see 10-20 homes before finding 'the one'. Take notes and photos at each showing.
Pro Tips:
- Don't rush the process
- Visit at different times of day
- Check the neighbourhood on foot
Make an Offer
When you find the right home, we'll prepare a competitive offer. This includes price, deposit, conditions (financing, inspection), and closing date.
Pro Tips:
- Be prepared for negotiation
- Include appropriate conditions
- Have your deposit ready (certified cheque)
Negotiate & Accept
The seller may counter-offer. We'll negotiate on your behalf to reach terms that work for both parties. Once accepted, you have a binding agreement.
Pro Tips:
- Stay calm during negotiations
- Know your walk-away point
- Trust your agent's guidance
Fulfill Conditions
Complete your home inspection, finalize mortgage approval, and satisfy any other conditions within the specified timeframe (usually 5-10 days).
Pro Tips:
- Book inspection immediately
- Review inspection report carefully
- Get quotes for any issues found
Hire a Real Estate Lawyer
Your lawyer handles title search, land transfer tax, closing documents, and fund transfers. We can recommend experienced real estate lawyers.
Pro Tips:
- Budget $1,500-$2,500 for legal fees
- Provide documents promptly
- Review everything before signing
Closing Day
Your lawyer completes the transaction, you pay the remaining balance, and receive your keys! Congratulations on your new home.
Pro Tips:
- Do a final walkthrough
- Set up utilities in your name
- Change the locks
Get the Full Picture With Our Free Guides
Want neighbourhood breakdowns, school strategies, and insider transit insights? Download our free Complete Home Buyer's Guide and Mississauga Relocation Guide on the buyer's hub.