"Tips for First-Time Home Buyers" By: Rachel Cruze

“Being a first-time home buyer is exciting! But I know it can also feel overwhelming—especially when you see homes being purchased at a median of nearly $315,000 and available homes flying off the market in just three weeks.^1,2

With real estate trends like those, you might be tempted to make an impulsive purchase that could hurt your financial goals and keep you paying a mortgage well into retirement.

No one wants that! Trust me, you guys, it’s worth doing this the right way. And that means buying a home that you love and that doesn’t hurt your future money goals.

You may be thinking, Yeah, that would be great, Rachel. But where do I even start?

I’m so glad you asked! I’ve put together 10 tips for first-time home buyers as they tackle the home-buying process. Put these into practice today so your first home is a blessing, not a burden.”

“First-Time Home Buyer Tips”

1. Pay Off All Debt and Build an Emergency Fund
2. Determine How Much House You Can Afford
3. Save a Down Payment
4. Save for Closing Costs
5. Get Preapproved for a Loan
6. Find a Home for Sale in Your Price Range
7. Research Neighborhoods for Best Fit
8. Attend Open Houses and Think Long Term
9. Make a Competitive Offer (That’s Within Your Budget!)
10. Prepare for Closing

Cruze, R. (n.d.). Tips for First-Time Home Buyers. Retrieved January 20, 2021, from https://www.daveramsey.com/blog/tips-for-first-time-home-buyers