The minimum down payment in Saskatchewan is 5 percent to $500,000, and Joel shows first-time buyers how the Home Buyers' Plan's $60,000 RRSP withdrawal and the First Home Savings Account's $8,000 a year, up to $40,000 lifetime, can close that gap faster than saving alone.
Confederation Park's housing stock spans several decades, so a $400 to $600 home inspection is the step Joel insists on before any offer firms up, since a first purchase is the wrong place to discover a furnace or roof needs replacing right after closing.
Joel writes financing and inspection conditions into every offer, which gives a first-time buyer room to walk away if a Confederation Park property does not check out.