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Newcomers to Canada

You've made Canada your new home and you are probably in the process of searching for a place of your own. Looking for a home can be a very exciting experience but it can also be stressful and challenging.

To help with your search we have put together some information to help you during this exciting time.

Renting a Home

For most newcomers, your first home will most likely be a rented house or apartment. Renting a home will give you the time to look for the perfect home to buy without feeling pressured into making a quick decision.

The following guide published by Canada Mortgage and Housing Corporation (CMHC) will help make it easier for you to find and rent a home or apartment in Canada.

Renting Your First Home in Canada - What Newcomers Need to Know

 

Buying a Home in Canada

Before you begin shopping for a home, it’s important to know how much you can afford to spend on homeownership. You will want to plan ahead for the various expenses related to homeownership. In addition to purchasing the home, other main expenses will include heating, property taxes, home maintenance and renovation as required.The team at Gibbard Hoffart can help you figure out exactly how much you can afford and get you pre-approved for a mortgage before you start looking.

The following guides published by Canada Mortgage and Housing Corporation (CMHC) will take you through the home buying process and answer your questions about buying and financing a home.

Buying Your First Home in Canada - What Newcomers Need to Know

Homebuyers Checklist - A Newcomers' Guide and Workbook

 

Please feel free to contact us at (604) 313-3199 or send an email to info@gibbardgroup.com and we would be more than happy to go over your personal situation and see what's the best fit for you.

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