How To Buy My First Home (2026)

When you find "the one," your agent will help you determine a fair price based on "comps" (what similar homes nearby sold for). Don't be afraid to ask for a "seller concession" to help cover your closing costs if the house needs minor repairs. 6. The "Due Diligence" Phase

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" how to buy my first home

A pro checks for mold, structural issues, and faulty wiring. When you find "the one," your agent will

A higher score gets you lower interest rates. The "Due Diligence" Phase In most cases, the

You’ll sign a mountain of paperwork, pay your remaining down payment and closing costs, and finally receive the keys.

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"