u/EquinoxRise

Seeking advice on buying my first home

I’ve been considering buying a place in Edmonton. I’ve mostly been saving up money and looking online for what kind of properties show up for sale.

I’d say I have enough for a 20% down payment on a property worth 300k, but I’m unfamiliar with the proper steps to purchase a home. I know I need to be approved for a mortgage either through my bank or a mortgage broker.

I’ve also been primarily looking at townhouses with a relatively low maintenance fee. If anyone has experience living in townhouses I would appreciate your perspective.

Any advice or knowledge that can be provided on the topic of purchasing a home, living in a townhouses, or any insight on Edmonton’s housing market would be greatly appreciated.

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u/EquinoxRise — 17 days ago