If you’re a first-time buyer in Markham, congratulations — you’re about to make one of the most exciting investments of your life! That said, buying a home for the first time often comes with a mix of joy and stress. It’s easy to feel overwhelmed by the process, especially with so much to consider: budgets, neighborhoods, paperwork… where do you even begin? Don’t worry — you’re not alone, and I’ve guided many Markham buyers through this journey. Let’s walk through the most common mistakes first time buyers make, so you can move forward with clarity and confidence.

One of the biggest mistakes first-time buyers make is starting the home search before getting pre-approved for a mortgage. You might find your dream home — only to learn it’s outside your budget or that your financing isn’t ready in time.

Getting pre-approved helps you:

• Understand what you can realistically afford
• Strengthen your offer when you’re ready to bid
• Show sellers you’re a serious, prepared buyer

In a competitive market like Markham real estate, being ready to act quickly is an advantage you don’t want to miss.

It’s not just the listing price you need to think about. First-time buyers are often surprised by the extra costs involved in buying a home in Markham.

Here are a few expenses you’ll want to plan for:

• Land transfer tax (provincial and possibly municipal)
• Legal fees
• Home inspection costs
• Property taxes
• Moving expenses and utility setup fees

Make sure you budget beyond the down payment to avoid surprises at closing.

It’s easy to fall in love with a house — especially when you’re buying your first home. But emotions can sometimes cloud good decision-making. A charming fixer-upper might steal your heart, but will the renovation costs fit your budget?

Look at the full picture. Think about:

• Future resale value
• Condition of the major systems (roof, HVAC, plumbing)
• Age of appliances
• Ongoing maintenance needs

It helps to bring a trusted real estate agent or knowledgeable family member with you during showings. They’ll give you another perspective that you may not see in the moment.

You might love a property, but if the neighborhood doesn’t fit your lifestyle, it could quickly become the wrong choice.

Before buying a home in Markham — or any area — ask yourself:

• Do I want something family-friendly, urban, or quiet?
• How’s the commute? What’s nearby in terms of transit?
• Are there parks, trails, or community programs I’ll use?
• What schools are in the area (even if you don’t have kids)?

For example, Cornell offers a tight-knit vibe with newer builds and walking trails. Unionville has historic charm and top-rated schools. Having a local guide can help you match the right home to the right neighborhood.

In a hot market, it might be tempting to waive a home inspection to compete — please don’t. A few hundred dollars now can save you thousands later.

A reputable home inspector will flag any issues with the:

• Foundation and structure
• Roof, windows, and insulation
• Electrical and plumbing systems
• Moisture or mold risks

It gives you peace of mind, or negotiating power if problems come up.

Buying your first home is a big deal. You shouldn’t have to figure everything out on your own — and you don’t need to!

A local real estate agent in Markham can:

• Help you understand your buying power
• Connect you with trusted mortgage advisors and legal experts
• Guide you to the neighborhoods that match your goals
• Write competitive, clean offers that protect your interests

It’s more than just paperwork — it’s about having someone in your corner who knows the process inside and out.

You deserve that kind of support.

If you’re feeling unsure about your next step, you’re not alone.
Let’s make the home buying process feel simple and stress-free.
Reach out to talk about your goals — no pressure, just a helpful conversation.