How To Buy My First Home 【Full HD】

Number of bedrooms, school district, or commute time.

A higher score gets you lower interest rates.

It’s easy to get distracted by a pretty kitchen. Stay grounded by making a list: how to buy my first home

A "pre-qualification" is a guess; a is a commitment. It shows sellers you are a serious, vetted buyer. Shop around with at least three lenders to compare interest rates and loan terms. 3. Find a "Buyer’s Agent"

Your lender will require an independent value check to ensure the house is worth what you’re paying. 7. Closing Day Number of bedrooms, school district, or commute time

In most cases, the seller pays the commission, so professional representation is usually free for you. A good agent will find listings, schedule viewings, and—most importantly—handle the intense negotiations. 4. Know Your "Must-Haves" vs. "Nice-to-Haves"

Avoid making any large purchases (like a new car or furniture on credit) between your pre-approval and closing day, as this can disqualify your loan at the last minute! Stay grounded by making a list: A "pre-qualification"

While 20% is the gold standard to avoid private mortgage insurance (PMI), many first-time programs allow as little as 3% or 3.5% down.