1
Get Pre-Approved Before You Shop
A pre-approval tells you exactly what you can afford and shows sellers you're a serious buyer. In competitive markets, an offer without pre-approval rarely gets a second look.
Practical Advice From Filip
Tips for Buyers & Sellers
2
Budget Beyond the Purchase Price
Closing costs in Ontario typically run 1.5%–4% of the purchase price — land transfer tax, legal fees, title insurance, and adjustments. Plan for this on top of your down payment.
3
Never Skip the Home Inspection
A few hundred dollars now can save you tens of thousands later. A good inspector flags structural, electrical, plumbing, and roofing issues before they become your problem.
4
Look Beyond the House Itself
Neighbourhood, schools, commute, future development plans — they all affect your daily life and resale value. Drive the area at different times of day before committing.
5
Don't Max Out Your Approval
Just because the bank says you can afford $X doesn't mean you should spend it. Property tax, utilities, maintenance, and life happen. Leave breathing room in your budget.
6
Work With a Local Agent
Real estate is hyper-local. An agent who actually knows Kitchener, Waterloo, Cambridge, and the surrounding region will spot value (and red flags) that out-of-town agents miss.
Have a Question I Didn't Cover?
Every situation is different. Reach out and let's talk through your specific goals — no pressure, just honest advice.
Get in Touch With FilipOr call directly: (226) 899-1878