First Time Home Buying 101 < 2024 >

Don't go it alone. Assemble experts to protect your interests.

Buying your first home is likely the biggest purchase you’ll ever make. It is an exciting milestone, but the process can feel like a maze of paperwork and jargon. This guide breaks down the essential steps to get you from browsing listings to holding the keys. Phase 1: The Money Talk

Your agent will help you pick a competitive price. first time home buying 101

Ensure the home is in the agreed-upon condition.

Your score determines your interest rate. Save for a down payment: Aim for 3% to 20% of the price. Budget for closing costs: Expect to pay 2% to 5% in fees. Don't go it alone

Before you look at houses, you must look at your bank account.

Visit at different times of day to gauge noise and traffic. Phase 4: Offer and Closing Once you find "the one," things move fast. It is an exciting milestone, but the process

The bank confirms the house is worth what you’re paying.