A First-time Homebuyer’s Guide to House Hunting

A First-time Homebuyer’s Guide to House Hunting


For first-time buyers, purchasing a home can be difficult. It’s one of the many important things not taught in school, so you’ll more or less feel your way or do your own in-depth research. Buying a home is a big purchase and involves a lot of money, which is why every step of getting your dream house must be carefully thought of.


You are not alone in this journey; some firms and services specialize in guiding you through every process. These services offer to aid you in your house-hunting quest, but if you want to fully involve yourself in the process, keep reading to know the steps into getting your first home.

List Your Options

You need to scour the internet for listing websites or look at the ads in newspapers and magazines to see your options. These sites and ads offer homes of all sizes and price ranges, giving you various choices. It will also help if you already have an idea of your preferred location and the type of house you want. By having preexisting ideas, you’ll be able to narrow down your options and quickly move on to the next process.

Know Your Budget

Since buying a house will require you to produce a large sum, it’s better to see if your finances can handle paying for the down payment, as well as the succeeding deposits. For your initial down payment, it’s ideal for taking it from your savings account, and for the succeeding ones, you can look into banks or a mortgage broker to see the best loan options suitable for your income.

Look for a Realtor

Not everything is available to a buyer; there is still some information kept from the public, which only a real estate agent can uncover. Realtors are not only knowledgeable about the properties you’re eyeing but also have data on its neighborhood and surrounding areas. A real estate agent can also aid you in more ways than one, especially during the actual buying process. Brokers are trained negotiators — skills that are very helpful so that you can buy a house worth your budget.

Pick Your Home

Once you have made an official choice, the next step is to see and test its facilities. This is the part where you should thoroughly inspect its structure and look for possible issues that may arise in the future. Examining its facilities include inspecting the toilet and sink for water pressure and flushing, the size of its rooms if they’re big enough to accommodate your family, and its surrounding areas if it offers easy access to basic amenities. The safety of its location will also play a big part in making your final decision.

Have It Inspected

This is slightly similar to the aforementioned step, except that you have to get the help of a home inspection service. These professionals will conduct a comprehensive examination of your potential house and look for existing structural damage and other issues that need repairs. By enlisting their service, you’ll be able to negotiate your terms more or even withdraw your offer completely.

See Its True Value

Having the house appraised gives you another chance to make offers on your terms. Through this, you’ll be able to find out its true value by giving you a reliable word if the property is priced fairly and if it is a worthy investment. By getting a certified appraiser’s opinion, you can make sure that you’ll only be paying for what you’re going to get.

Do the Paperwork

Aside from all the inspections, buying a house also includes loads of paperwork. To make your documents organized, the bank or mortgage service you’ve enlisted will get a title company to handle your papers and ensure that you are buying from a legitimate seller, as well as oversee that the transferring of titles goes smoothly.

Seal the Deal 

Once you’ve come to a final decision, made thorough inspections, and carefully talked about your finances and loans to your lender, the last step is to fill your paperwork. This includes your loan applications and the ones needed to signify that you are officially purchasing the house. After finishing the paperwork, your bank or lending service will then process it within a couple of days. Once your loans are approved, an official check will then be sent to your seller, who will give you the green light to finally occupy the house.


Buying a house is definitely a major purchase that requires careful and thorough decisions. It also involves lots of money and third-party companies. But even though the whole process can be grueling and taxing, all of your hard work will feel worth it once you’ve stepped into your new home’s threshold.