How To Prepare For First Time Home Buying May 2026

You shouldn't do this alone. Most sellers pay the commission for your agent.

Don't buy at your max limit; stay where you are comfortable monthly. 🏠 Phase 3: Define Your "Must-Haves" Distinguish between what you need and what you want . how to prepare for first time home buying

Set aside 3–6 months of expenses for repairs. 📑 Phase 2: Get Pre-Approved You shouldn't do this alone

Look into First-Time Home Buyer (FTHB) programs for down payment assistance. how to prepare for first time home buying

The bank confirms the house is worth the loan amount.