Buyers Start Here

Are you ready to buy?

Buying a home, especially your first home, can be stressful but also exciting and a lot of fun. There are a lot of differences between owning and renting and each have their own advantages and disadvantages. This guide will help you decide if home ownership is the right choice for you.

  • Are you financially stable?
  • Can you afford the mortgage, condo fees, and maintenance?
  • Are you interested in maintaining a property?
  • Can you afford to buy in the areas you like?

Benefits to buying a home

Often buying a home is simply a less expensive option compared to renting when housing appreciation and rent increases are factored in. Owning has more responsibilities and more risk but the advantages include:

  • Financial growth through equity
  • Leveraged investment with low down payment
  • Control of your space to decorate or renovate
  • Payments that actually decline in real terms through the life of the mortgage
  • Sense of pride in ownership