First-Time Home Buyer Checklist: Everything You Need to Know Before You Buy

Buying your first home is exciting—but let’s be honest, it can feel overwhelming. This checklist breaks down the steps into simple, doable pieces to help you feel confident and prepared. Leave the heavy lifting to me!

1. ✅ Check Your Credit Score

Your credit score affects your ability to get a loan and the interest rate you’ll pay. Most lenders look for a score of 620 or higher. Check yours for free from either of the three credit bureaus (Experian, Equifax or TransUnion) or your bank which may have an application for credit information.

Tip: If your score needs work, consult with someone who knows!!

2. ✅ Set A Realistic Budget

Determine how much house you can afford based on your income, debt, and lifestyle. Don’t just look at the purchase price—consider:

• Monthly mortgage payments

• Property taxes

• Insurance

• HOA fees (if applicable)

• Maintenance costs

Pro Tip: Use the 28/36 rule—ideally, spend no more than 28% of your income on housing and 36% on total debt

3. ✅ Get Pre-Approved For A Mortgage

A pre-approval shows sellers you're a serious buyer and gives you a clear idea of your price range.

You'll need:

• Proof of income (W-2s, pay stubs)

• Bank statements

• Employment verification

• ID and Social Security number

4. ✅ Find A Real Estate Agent You Trust

A good buyer’s agent will guide you through the process, negotiate on your behalf, and help you avoid costly mistakes. Look for someone who listens, explains things clearly, and knows your target area well.

5. ✅ Start House Hunting (The Smart Way)

Make a list of “must-haves” and “nice-to-haves.” Think about:

• Location & commute

• School district

• Size & layout

• Yard or outdoor space

• Future resale value

Don’t fall in love with the first house you see! Compare several before making a decision.

6. ✅ Make An Offer And Get A Home Inspection

Once you find “the one,” your agent will help you make a competitive offer. Always get a home inspection before finalizing the deal—it can reveal hidden issues that might save you thousands.

7. ✅ Close The Deal

During closing, you’ll review documents, pay closing costs (usually 2–5% of the purchase price), and finally—get the keys to your new home!

Final Thoughts

Buying your first home doesn’t have to be confusing. With the right preparation and support, you’ll be unlocking your front door before you know it!

Ready To Start Your Real Estate Journey?

If you're looking for expert real estate advice, be sure to learn more about how I help buyers and sellers or contact me today!

"Changing Lives One Signature At A Time"