Step 2: View and Compare Properties and Pick a Lender

Once you have decided on the basic parameters of the property you want, it is time to really shop around. One good way to do this is to find comparable properties in your desired neighborhood, and find out about the recent prices paid for these properties.

The Ministry of Land, Infrastructure, Transport, and Tourism has a website to help you find comparable prices for property transactions. A local real estate agent can also be an invaluable resource, or you can start online by looking at price trend data and comparing property listings.

It is important to attend many open houses and see as many places as you can. In real estate, there is nothing like seeing first-hand a lot of different properties, different layouts, etc. to get a real feel for which distinguishing factors are most significant to you. Viewing many places will help you learn to be able to compare properties more effectively.

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