hello,
first-time
home buyer.

If this is your first time buying, you’re not supposed to already know how any of this works. The process has a lot of moving parts, and most people only learn them once they’re already in it.
This page walks you through what to expect, what to prepare, and how to stay steady while the market (and everyone around you) tells you to rush.

  • Start by getting familiar with what actually happens:

    • Mortgage pre-approval (knowing what you can afford)

    • Viewing homes with your agent

    • Making an offer

    • Lawyer review and closing

    💡 NeuroNest Tip: Don’t aim to be the “perfect buyer.” Aim to be the prepared and informed one.

  • Buying comes with surprise expenses no one talks about. Budget for:

    • Land transfer tax (Toronto has its own, on top of Ontario’s)

    • Lawyer fees

    • Home inspection or status certificate review

    • Moving costs and setup fees (internet, utilities, etc.)

    💡 NeuroNest Tip: Expect an extra 2–3% of the purchase price for closing costs.

  • You might qualify for:

    • First-Time Home Buyer Tax Credit (up to $1,500)

    • Land Transfer Tax Refund (up to $8,475 in Toronto)

    • RRSP Home Buyers’ Plan (withdraw up to $35,000 tax-free)

    💡 NeuroNest Tip: Rebates change often. Your lawyer or mortgage broker can double-check what applies to you before closing.

  • You’ll feel pressure. From friends, parents, online listings, and agents who talk too fast.
    You’ll think you’re “falling behind.” You’re not.

    💡 NeuroNest Tip: The right first home won’t need convincing. It’ll feel like relief and peaceful.