Buying | Budgeting

Budgeting is one of the most important aspects of buying a home or investment property.

Put some money away

You will need to save at least 5% of the purchase price of the property you want to buy. You will also need to put money aside to pay for a home inspection, legal fees and moving costs.

Talk to a mortgage specialist

Working with a licensed mortgage agent is very important. This financial professional will look at your unique situation and determine your best home buying options. I can recommend a reputable mortgage specialist to help you secure mortgage financing.

Keep an eye on your credit

Your personal financial behavour matters. Always try to pay all your bills on time, even if it's just the minimum payment. Taking your credit worthiness seriously can directly impact your borrowing options when buying a home.

Remember, no one is perfect

This is a list of things that would be ideal. You might not need every single thing on the list. If you want to talk about your unique situation, give me a call.

Did you know that the City of Kingston offers a home ownership program that provides down payment assistance? I can help you determine if you qualify.

Contact me to receive my custom Property Evaluation spreadsheet. It will help you figure out what you can afford.

It's okay if you're not great with numbers or computers. I can teach you what you need to know.