Buying your first home is an exciting milestone, but it can also feel a little overwhelming. From figuring out finances to finding the perfect place, there’s a lot to think about. This checklist will help guide you through the process, so you feel confident and prepared every step of the way.

1. Figure Out Your Budget

  • Take a close look at your income, savings, and monthly expenses to determine how much you can afford.
  • Use a mortgage calculator to estimate monthly payments based on your desired price range.
  • Don’t forget to account for closing costs, moving expenses, and potential renovations.

2. Get Pre-Approved for a Mortgage

  • A mortgage pre-approval shows sellers you’re serious and helps you understand how much you can borrow.
  • Shop around for the best rates and terms from lenders.
  • Be ready to provide documents like proof of income, tax returns, and bank statements.

3. Make a Wish List

  • Think about what you need versus what you want in a home.
    • Must-haves: Number of bedrooms, location, type of property.
    • Nice-to-haves: Features like a backyard, garage, or updated kitchen.
  • Be realistic about what fits your budget while keeping your priorities in mind.

4. Choose the Right Realtor

  • Partner with a knowledgeable Realtor who understands the local market and can guide you through the buying process.
  • A great agent will listen to your needs, answer your questions, and help you navigate everything from showings to negotiations.

5. Start House Hunting

  • Attend open houses and schedule showings to explore different options.
  • Be prepared to act quickly if you find a home you love, as properties can move fast.
  • Take notes on each property to compare features and potential drawbacks.

6. Make an Offer

  • When you find “the one,” your Realtor will help you draft a competitive offer based on market conditions.
  • Be ready to negotiate terms like price, closing date, or repairs.
  • Once your offer is accepted, you’ll move into the final steps of the process.

7. Complete a Home Inspection

  • A professional inspection will identify any issues with the property, from structural concerns to needed repairs.
  • Use the findings to negotiate repairs or adjustments to the purchase price if necessary.

8. Finalize Financing

  • Work with your lender to finalize your mortgage and lock in your interest rate.
  • Review all documents carefully to ensure everything is accurate before signing.

9. Close the Deal

  • Attend the closing meeting to sign paperwork and transfer ownership.
  • Make sure to budget for closing costs, which typically include legal fees, taxes, and other expenses.
  • Once the deal is closed, you’ll get the keys to your new home!

10. Move In and Celebrate!

  • Plan your move and set up utilities, internet, and other services.
  • Take time to personalize your new space and make it feel like home.
  • Celebrate this big accomplishment—it’s the start of an exciting new chapter!

Buying your first home is a big step, but with the right preparation and support, it can be a smooth and rewarding experience. If you’re ready to start your journey, I’d love to help—let’s find the perfect home together!

Jasmyn Vickery, Realtor
Helping clients navigate the ever-changing real estate market with warmth, expertise, and care. Reach out today to learn more!