Purchasing a home is one of the most important decisions of your lifetime. It is easy to become overwhelmed at the idea of finding, purchasing and finally owning your own home. You may feel that you are comfortable renting.The following are some good reasons why owning your home can be one of the best investments you will ever make! Instead of paying someone else’s mortgage, you can build equity in your own future!

As a fairly general rule, homes appreciate about four or five percent a year. Some years will be more, some less. The figure will vary from neighborhood to neighborhood, and region to region.

If you want to buy a house, start by estimating what you can afford and making a budget to buy. Many prospective buyers find it difficult to accumulate enough cash for a down payment, especially if they are saddled with heavy debt. With some discipline and creative strategies, you can probably come up with more cash than you think.

It is important to determine the maximum amount of the mortgage that you may qualify for before you start to look for your new home and it's simple.

First Click here to determine the Maximum Mortgage Amount for which you may qualify* and to calculate your Monthly Mortgage Payments.

Then determine the affordable mortgage amount that you feel most comfortable with, add your estimated down payment to this amount and you are ready to start looking.

Click here to calculate land transfer tax.