Being a first-time homebuyer is a significant milestone, accompanied by a mix of choices, uncertainties, excitement, and stress. It is often the most expensive purchase we make, and the lack of experience can add to the uncertainty. However, being a first-time homebuyer also brings certain advantages. While saving for a down payment and associated costs may seem daunting, it's worth noting that there are various incentives provided by the Canadian government specifically for first-time homebuyers, such as the first-time homebuyer tax credit. These incentives can help make homeownership more attainable and alleviate financial concerns.