While 20% is the gold standard to avoid mortgage insurance (commonly called CMHC insurance in Canada), many first-time buyer programs allow for as little as 5% down. It’s best to speak with a lender early to see if there are special programs available that may allow for a small downpayment.

From the moment you find a home and have an offer accepted, the closing period typically takes 30 to 45 days. This is negotiated between buyer and seller and there may be special circumstances involved. However, the search for the perfect home can take anywhere from a week to several months depending on market inventory.

Absolutely. A home inspection is a small investment that protects you from major "invisible" issues like structural damage, outdated wiring, or plumbing leaks. It gives you the peace of mind that you know exactly what you’re buying.

Spring is traditionally the "peak" season because families want to move before the new school year. However, selling in the winter can also be advantageous because there is less competition from other sellers, and the buyers who are looking tend to be very serious. Our market is also greatly influenced by our large military population in Petawawa. The rotation of personnel is typically most active in Spring and Summer.

Focus on the "Three Ds": Declutter, Deep-clean, and Depersonalize. Neutralizing the space allows potential buyers to imagine themselves living there. Minor repairs—like fixing leaky faucets or touching up paint—also go a long way in increasing "curb appeal."

I perform a Comparative Market Analysis (CMA). This involves looking at recently sold homes in your immediate area that are similar in size, condition, and features to yours. I also factor in current market trends and "active" competition.

Pre-qualification is a rough estimate of what you might be able to borrow based on unverified info. Pre-approval is much stronger; it involves a lender verifying your income, taxes, and credit. While not required, a pre-approval letter will always help your offer be more competitive, especially when a Seller is reviewing more than one offer.

A real estate transaction involves complex legal contracts, often intense negotiations, and significant financial risk. An agent provides professional expertise, handles the heavy paperwork, ensures you're legally protected, and uses market data to ensure you get the best possible price, or paying a fair price.