These articles were posted by the Canada Mortgage and Housing Corporation (CMHC). They provide research and resources for mortgage and housing related topics and offer advice and tips for consumers.
This is a 5 article series on the process of becoming a homeowner. All articles and media were taken from the CMHC website.
Step 4, Part 1 - The home buying process
Starting Your Search
Here are some ways to begin looking for your new home:
- Work with a realtor
For most buyers, a realtor is key to finding the right home.
- Word-of-mouth
Tell everyone you know that you are looking for a new home. Surprising things sometimes happen. For example, you might hear about a home that is just becoming available on the market.
- Newspapers and real estate magazines
Check the new homes section in daily newspapers. Look for the free real estate magazines available at newsstands, convenience stores and other outlets. These publications are free and give pictures and short descriptions of homes for sale.
- The Internet
Check out real estate websites, such as realtor.ca. These websites give information and pictures of a wide range of properties. Most sites let you search by location, price, number of bedrooms, and other features.
- “For Sale” signs
Drive, bike or walk around a neighbourhood that interests you and look for “For Sale” signs. This is a good way to find homes that are being sold by the owner and are not listed with an agent.
- Visit new development sites
If you are looking for a newly built home, you can see available models and get information from builders.
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