Kitty van der Meer, REALTOR  604-760-5392  kvandermeer@sutton.com

    Sutton Group -Sutton WestCoast Realty - #102 - 403 North Road, Coquitlam, BC V3K 3V9

    Kitty van der Meer is not affiliated with developers and is not liable for any errors and omissions. Not intended to cause or induce a breach of an existing agency relationship. Kitty van der Meer's intention is to help you find the right home and to give you unbiased advise about your home purchase. 

    The information on this website is from a variety of sources which may include the developers website, advertisements, sales centre, MLS or other sources and is not guaranteed and is subject to change. You are advised to read the Developers Contract and Property Disclosure Statement carefully and have your lawyer review it.  

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      Buying a home or condo

      step by step by CMHC

      (Canadian Mortgage and Housing Corporation): 

      Step 1: Is homeownership right for you?

      Take a moment to think through the advantages and disadvantages of both owning and renting. Spend the time to educate yourself about the process of home buying and the responsibilities of homeownership.

      Step 2: Are you financially ready?

      Before you begin shopping for a home, know how much you can afford to spend. Start by evaluating your financial readiness with the help of CMHC’s Household Budget, Mortgage Payment, Debt Service and Mortgage Affordability Calculators. These tools will help you establish your financial situation, determine how much you can afford and the maximum price that you should be considering. It is a good idea to meet with your mortgage professional to discuss your needs and get a mortgage pre-approval.

      Step 4: The buying process

      Begin the search for a home by seeking the help of a realtor, searching online, reviewing newspaper ads or real estate magazines and/or spreading your intentions through word-of-mouth. After you find a home you wish to buy, you will need to submit an Offer to Purchase. A realtor can guide you through the negotiation process. Then, finalize your mortgage, prepare for closing day and arrange to move.

      Step 3: Which home is right for you?

      Once you have a good understanding of your finances, think about the type of home you would like to buy and the location. Consider your current and future housing needs and what is important to you. You will want to assemble your team of professionals who will assist with the buying process, answer your questions and provide you with reliable information.

      Step 5: Now that you're a homeowner

      As a responsible homeowner, ensure that you make mortgage, property tax and insurance payments on time while setting aside an emergency fund for unexpected expenses. Prepare a monthly budget and account for maintenance and renovation which are a normal part of homeownership.

      Canada Mortgage and Housing Corporation (CMHC) offers a variety of publications, calculators and online tools to help you make informed and responsible homebuying decisions.

      The information is provided by CMHC for general illustrative purposes only, and does not take into account the specific objectives, circumstances and individual needs of the reader. It does not provide advice, and should not be relied upon in that regard. The information is believed to be reliable, but its accuracy, completeness and currency cannot be guaranteed. Neither CMHC and its employees nor any other party identified in this Article (Lender, Broker, etc.) assumes any liability of any kind in connection with the information provided. CMHC stakeholders are permitted to distribute the materials at their expense. The above mentioned stakeholder organization is responsible for the distribution of this document.