First Time Home Buyer Strategies

Turn Your Dreams Into Reality

First Time Home Buyer Tips

The Process of Buying Your First Home

Get Your Finances in Order

Start saving for a down payment on your new home. Pay down your credit card debt below 30%.

Review Your Credit Report

Before applying for a loan you should pull your credit report and review it for inaccuracies.

Contact a Mortgage Broker

Get pre-approved for a home loan to determine what you can afford.

Select a Real Estate Agent

Look for an experienced agent in your area who specializes in helping first time buyers.

Shop for your new home

Your Real Estate Agent will show you homes that match your criteria and your price range.

Make an offer on a home

Once you find the perfect home, your Real Estate Agent will write up a contract to buy the home.

Home offer is accepted

The seller accepts your offer to buy their home

Apply for your home loan

Now that you have found your dream home go back to your mortgage broker and apply for your home loan.

Home inspection

Hire a licensed home inspector to inspect your home.

Respond to inspection findings

If there are items that you would like repaired, your real estate agent can.

Owner Agrees to the Requested Repairs

Owner agrees and performs the requested repairs according to your amended contract.

Meet with closing officer

Sign the contracts to legally buy your new home.

Move in to Your New Home