Ten Tips for the First Time Home Buyer

Education & Training

Buying your first home is one of the most exciting things you will ever do.  If you have spent years living in apartments, there is nothing more satisfying than owning your own property.  The process can be a little lengthy and you might hit a few bumps in the road to home ownership.  The following tips will help the first time homeowner avoid some of the hiccups. 

The first thing you should do is talk to a real estate agent about the home buying process.  It should not be a sales meeting and you should be able to find an agent that will agree to meet with you about the basics without having to sign a sales agreement with them.  If you can't find a good agent to talk to, you might want to consider talking to a loan officer at your bank or a mortgage broker.

An equally important tip is to get your finances in order before you apply for a mortgage.  Order a copy of your credit report so you can check it for accuracy.  Mistakes are common and you want to make sure that there is no fraudulent activity.  You have the right to dispute errors on your credit report.... click here to see more of this article