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We Love First Time Homebuyers

Mortgage and Lending

Your First Home Buying Experience

Young couple holding a key

First time homebuyers are often filled with some combination of excitement and fear. It makes sense to feel these emotions, to varying degrees, vacillating throughout the process, but with some careful planning, you can relax and take the experience in stride, one step at a time. Once you find a strategy you can stick with, the overall process will feel much easier for you and your family.


Choose a real estate agent who listens to your concerns and works with you.

The most important thing you can do is find a local real estate agent who listens to your needs, understands the local market and is able to find some sort of compromise that will keep you on budget and happy with the results.

Your real estate professional will help you find home listings you might not have the resources to find on your own, and before other area realtors, plus they can give you a clear and concise overview of the neighborhood and the surrounding community. Your real estate professional will also have a primer on your prospective home’s neighborhood schools, shopping accessibility, recreation and parks availability, traffic volume and any difficulties or partly hidden fees you might encounter during a sale, such as whether you might need to pay homeowners’ fees to the neighborhood association.

Keep in mind that your real estate professional’s fees will come from your eventual home’s seller, and you are under no obligation to choose a real estate agent simply because you meet with them. Take your time and choose carefully.

Instill confidence with a pre-approved mortgage.

For your own peace of mind, as well as home sellers’ confidence in a likely sale, get pre-approved for your mortgage before you make an offer. With this step, each home seller will realize your credit is up to snuff, and the sale should go smoothly. Your real estate agent can help you work through this process, especially when searching for local mortgage brokers. Similar to choosing your agent, you don’t have to accept the first loan that is available to you. Look around to find what is comfortable for you and your family. Click here to be preapproved.

Choose the home that truly is best for you and your family.

Once your real estate professional has helped you find a few prospective homes, take your time to make the right choice for you, your family and your future.

Dave Miller 267730/015186




John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I totally agree and we too love first time home-buyers.  We just closed on a home that the new homeowner was only 22 years old.  We feel we now have a real estate client for life.

Sep 24, 2014 12:21 AM
Dave Miller

You do have a client for life. Also, to me it is fun correcting their Uncle Bill, who is the family expert on mortgages, because he got his only mortgage 20 years ago! With the internet, the young buyer does come to you better prepared than back in the day.

Sep 24, 2014 01:02 AM