Financing and pre-approval

This is the budget stage. You have to determine the amount of money you will invest in your next home.

The steps to determine your budget

  • See your financial advisor for a pre-approved mortgage. This document is drawn up after an analysis of your financial situation. It shows the amount your bank or financial institution will lend you.
  • Once you have a pre-approved mortgage, you?ll know the price range for your search.
  • Then think about the closing costs (inspection, transfer fees, legal fees...) and moving costs (movers, truck, reconnection fees?).
  • Once you know your budget, you can start your search for a new home with confidence.

Related reading

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$375,000
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$25,000
$50,000
$75,000
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$175,000
$200,000
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$275,000
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$1,000,000
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$5,000,000
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$8,000,000
$9,000,000
$99,999,999
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2 and more
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