First Time Homebuyers
So, you are thinking about buying a home of your own? That’s great! Owning your own home – there’s just nothing else like it! Since your first home will probably also be your biggest single investment (gulp!), you are smart to get some help from a real estate professional!
Getting started is as easy as 1 – 2 – 3:
Step 1 – select a qualified and trusted real estate professional to help you. There is no cost to you to work with a Realtor® – so why would you go it alone? We can show you any home listed for sale with any real estate company- our listings and anyone else’s, too. We love working with first-time homebuyers and can help you navigate successfully through the whole process.
Step 2 – get pre-approved for a mortgage, so you know what you can afford before you start looking. It’s a painless process (really, it is) and you can probably start with just a phone call. We can tell you more about what to expect and can put you in touch with several excellent local lenders (and some national ones too) to help you with the pre-approval process.
Step 3 – talk with your Realtor® about your “wish list.” We listen – and will help you find some great places, within your budget, and then we start looking. That’s the fun part! You’ve probably already been looking online and that’s great. Let us know what you liked. Just remember the information you get from some websites may not be entirely accurate. We’ll help you gather the very latest accurate, local information. And we don’t just claim to be a trusted advisor – we guarantee it! See the Coldwell Banker Buyer’s Services guarantee.
Have questions? How can we help you?
Common First-Time Home Buyer Mistakes
- They don’t ask enough questions of their lender and end up missing out on the best deal.
- They don’t act quickly enough to make a decision and someone else buys the house.
- They don’t find the right agent who’s willing to help them through the homebuying process.
- They don’t do enough to make their offer look appealing to a seller.
- They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.
Source: Real Estate Checklists and Systems.
Tools and Resources
(and by the way, Coldwell Banker was the first real estate brand with a dedicated location solely for first-time home buyers.)
Check out our Buyers Tools for more resources like How Much Can You Afford Calculator, Rent vs. Buy Calculator, and online Search tool including mobile apps.