Steps To Buying Home For First Time May 2026

Set aside an extra 2% to 5% of the home’s purchase price for taxes, lender fees, and title insurance. 2. Get Pre-Approved

Don’t just buy for your life today; think about where you’ll be in five years. steps to buying home for first time

A higher score gets you better interest rates. Set aside an extra 2% to 5% of

Once your offer is accepted, you are "under contract," but the deal isn't done yet. you are "under contract

A "pre-qualification" is a quick estimate, but a is a lender’s written commitment to loan you a specific amount. In a competitive market, most sellers won't even look at your offer without a pre-approval letter. It proves you’re a serious, vetted buyer. 3. Find a "Buyer’s Agent"