Are you putting 20% down? Cmhc is a big chunk added to your mortgage if you aren't.
Try and have 2 months worth of mortgage payments saved for an emergency. Not hard to do if you put a little away every month.
A furnance dying in the middle of winter can set you back $5000, a water heater $1500.
Get a home inspection and make sure hey go over the house with a fine tooth comb. ASk around and get a home inspector who knows houses/construction/code, not some guy who took the $300 weekend inspectors course. Even if the house is new you should do this.
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