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The Complete Guide to Buying Your First Home

Everything you need to know—from pre-approval to closing day. Navigate the homebuying journey with confidence.

10-Step Buying Timeline

Follow this roadmap from pre-approval to moving day. Each step typically takes 3–7 days, with the full process taking 30–45 days.

Buyer Cost Breakdown

Here\u2019s what a typical homebuyer should budget for. Your exact costs will depend on location, loan type, and property details.

Down Payment20%
Closing Costs3.5%
Home Inspection0.4%
Appraisal0.3%
Title Insurance1%
Attorney/Escrow1.5%
Moving1.2%
Home Warranty (optional)0.5%

Example: $400k Home Purchase

Down Payment (20%)$80,000
Closing Costs (3.5%)$14,000
Inspection & Appraisal$1,400
Moving$5,000
Total Upfront$100,400

Smart Buyer Tips for 2026

Current market insights to help you make the best decision.

Start Your Search Early

New listings often sell quickly. Set up alerts on MLS and major platforms to be notified immediately when homes matching your criteria hit the market.

Get Pre-Approved Before Searching

Sellers take pre-approved offers seriously. Having pre-approval eliminates back-and-forth on financing and strengthens your negotiating position.

Understand Local Market Trends

Is it a buyer’s or seller’s market? How long do homes typically stay listed? What’s the average price trend? Your agent can provide this crucial market data.

Make a Strong First Offer

In competitive markets, lowball offers often get rejected outright. Research comps, listen to your agent’s advice, and make a competitive offer to avoid losing the home.

Be Flexible on Non-Essentials

Focus your must-haves. If you’re flexible on minor updates, paint colors, or yard landscaping, you expand your options and may find better value.

Don’t Wait for the Perfect Time

The housing market fluctuates, but "perfect timing" is a myth. Focus on finding the right home in your budget now rather than waiting for hypothetical better rates.

Buyer FAQ

Answers to the most common questions from first-time homebuyers.

Real Buyer Success Stories

See how first-time buyers like you successfully navigated the homebuying process.

"As a first-time buyer, I felt overwhelmed until I connected with my agent. Getting pre-approved gave me confidence, and having a clear timeline helped me stay organized. Six months later, I’m in my dream home and couldn’t be happier. The process was easier than I expected!"

Sarah M., Portland, OR

Purchased a 3-bed craftsman in SE Portland

"We waited too long to get pre-approved, which cost us the first home we loved. But that taught us a valuable lesson. We regrouped, got pre-approved immediately, and within three weeks, we had an accepted offer on an even better property. Timing and preparation matter!"

Marcus & Diana, Austin, TX

Purchased a 4-bed modern home in East Austin

"The home inspection saved us thousands. We discovered foundation issues that the seller agreed to repair before closing. Without that inspection, we’d have been on the hook for expensive repairs. This was the smartest $400 I’ve ever spent on real estate."

Jennifer L., Denver, CO

Purchased a 2-bed mountain home with mountain views

Get Pre-Approved Today

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Ready to start your homebuying journey?

Our team of mortgage specialists is here to guide you every step of the way. Get pre-approved and take the first step toward homeownership.