It’s no secret first-time home buyers can feel overwhelmed when first trying to enter the market. For many, this is the biggest purchase of their lives and represents an exciting milestone to cross off the adulthood checklist.
To help make it easier for Canadians to become homeowners, we’re pleased to introduce a new consumer-focused resource, just in time for Financial Literacy Month: the Home Buying Journey Edition of the Home Buyers’ Road Map.
Every journey needs careful planning to mitigate unwanted roadblocks or detours, and that’s why we created this mobile-friendly guide to complement its successful and informative Home Buyers’ Road Map.
The purpose of the Home Buying Journey Edition of the Home Buyers’ Road Map is to provide a simple, fun and educational experience to alleviate some of the stress associated with purchasing a home. It will help guide potential buyers through what they can afford, how to get pre-approved, provide information about often-overlooked costs and where to find a REALTOR® who will keep their best interests in mind.
After navigating through the Road Map with a trusted REALTOR® as their guide, potential buyers will have a better understanding of their journey and how to get to their final destination: the comfort of home.
The Road Map is a collaboration between CREA and the Financial Consumer Agency of Canada. It’s also available on CREA.ca.