First Time Home Buying 101 May 2026

This letter proves to sellers you are a serious buyer. Phase 2: Building Your Team

Before you look at houses, you must look at your bank account. first time home buying 101

They check for hidden issues like leaks or bad wiring. Phase 3: The House Hunt This letter proves to sellers you are a serious buyer

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. Phase 3: The House Hunt Your score determines

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

They find homes, negotiate, and handle contracts.

Now for the fun part. Be realistic about what you need versus what you want.