First-Time Home Buyer Guide in Calgary
Posted by Ray Yang on
Buying your first home is a huge milestone—and if you’re looking in Calgary, you’re in a great place to start. Whether you’re tired of renting or ready to build equity, this guide walks you through everything you need to know as a first-time buyer in Calgary.
1. Understand Your Budget
Before you fall in love with a home, know how much you can afford. Consider:
- Your down payment (minimum 5% in Canada)
- Monthly mortgage payments
- Property taxes and home insurance
- Closing costs (legal fees, inspection, etc.)
Tip: Get pre-approved for a mortgage before house hunting. It shows sellers you’re serious—and helps narrow your search.
2. Choose the Right Calgary Neighborhood
Do you want a quiet suburban community or a downtown condo…
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