Your affordability depends on your income, savings, debts, credit score, down payment, interest rate, and monthly carrying costs. A mortgage pre-approval is one of the best first steps because it gives you a clearer budget before you start viewing homes.

Yes, it’s strongly recommended. A pre-approval helps you understand your price range, shows sellers you’re a serious buyer, and can help you move faster when the right property becomes available..

Buyers should budget for closing costs, land transfer tax, legal fees, title insurance, home inspection fees, moving costs, property insurance, and possible adjustments for taxes, utilities, or condo fees.

After acceptance, you’ll typically complete any conditions, such as financing or inspection, provide your deposit, we work with your lawyer and lender, arrange insurance, complete the final walkthrough, and prepare for closing day.