The best way to avoid paying more than you can afford is to be prepared. Before you begin to look at homes, meet with your mortgage broker.
They can calculate your ‘debt service ratio' which will determine how much you can actually afford based on your income and the amount of debt you have.
BC & Alberta Mortgage Broker
When I'm not breaking the knuckles of different lenders for better mortgages for my clients - I'm kidding (or am I?) - you can usually find me visiting with friends or family, writing for this blog, or doing my best to keep from capsizing a dragon boat!