Transitioning from renting to homeownership requires careful preparation of credit, finances, and savings. Key steps include determining how much house you can afford, saving for a down payment using tools like the First Home Savings Account and Home Buyers' Plan, and improving your credit score. Job stability and income reliability are crucial for mortgage approval. As you prepare, start exploring homes online to find options within your budget. Owning a home offers freedom and control over your living space.
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