Buying your first home is one of the most exciting things that will happen in your life. It is a wonderful feeling to know that you own your home. It will change your life and the life of your loved ones. The process is alot like riding a roller-coaster, with feelings that go from sheer happiness to all time lows. Hopefully you are working with an agent that is compassionate, patient and experienced. The new tax credit for First Time Home Buyer's combined with low, low prices, and tons of homes to pick from is a First time Buyer's Dream. Your agent should help you will any questions that you might have, and be there to solve any problems that might arise.
That leads me to the discussion of your mortgage representative. The person should be referred from family and friends, or maybe your local credit union or banker. Once you are ready to close on that new home, ask your mortgage repres. to attend your closing. The real estate agents can make phone calls on the day of your closing, but they can not track the money. It will save you and your family alot of headaches and worry. You have the right and should demand that they are present at the table. This is a exciting day for you, take the extra step to make the transaction smooth. Congrats on home ownership!!! It still is the American Dream.