The First Home Savings Account allows $8,000 a year toward a $40,000 lifetime maximum, and the Home Buyers' Plan allows a $60,000 RRSP withdrawal, and together those two programs often cover a meaningful share of the minimum down payment, which sits at 5 percent to $500,000 in Saskatchewan.
A $400 to $600 home inspection is the other piece first-time buyers sometimes skip to save money, which is the wrong place to cut, since it is the main check on a house's true condition before a buyer is legally committed.
Joel builds financing and inspection conditions into every offer so a first purchase in North Park does not become an expensive lesson. Get your hand-reviewed valuation from Joel Dyck.