Jan 26, 2022


    Jan 26, 2021

    Buying a home for the first time can be really exciting; maybe even a little scary. 


    Knowing who to call, where to look, and how to budget is very important. Whether you’re in your early 20’s or late 70’s, these first time home buying tips are good for everyone. Before we dive in, take a moment to give yourself a pat on the back for investing time into researching this topic and get ready for this very exciting journey you are about to embark on. If there is anything I hope you take away from this article, it is that you are about to make the best decision by buying a home.


    Let’s get into it, shall we?


    Before pulling the trigger on buying a home, there are a few things first time home-buyers should evaluate.


    Remember, this process takes patience and commitment. Don’t expect to be moving into your dream home in a week.


    1. Figure out your housing budget

    Before worrying about getting a mortgage pre-approval, make sure you know exactly how much is in the budget. Ask yourself, what am I willing to spend on a home? That way, when you get a mortgage pre-approved, you’re not lured into buying a home close to the price of the pre-approval and you commit to staying near your budget. Rule of thumb: Go less than half amount of income for your monthly payment. Also, just because you're approved for a certain amount, might not mean you want that exact price.


    Buy below your means – Don’t spend more than 40-50% of your monthly income on home ownership.


    2. Find a realtor you trust

    In this word-of-mouth business, it is easy to find a realtor. Just ask a neighbor, friend, relative, or look at yard signs and you are sure to find someone that can help you with the home buying process. However, finding someone you trust and are willing to work with during this process is crucial for a smooth transaction. Don’t be afraid to ask questions about their experience and expertise. Get a feel for their schedule, personal experience in the area you live, and how long they have been in the industry. 


    I try to run my business by focusing on ensuring a positive real estate experience. All agents understand that buying a home is a significant milestone to which only positivity ensue. 


    3. Study the market

    Buying a home based on looks is great, but there are a lot of things to take into account. Take a drive around neighborhoods you are interested in and have a chat with the neighbors. Anyone who is out and about/on a walk is a great candidate for this. Get a feel for the demographic and overall vibe of the neighborhood. Also, make sure to take a drive around these areas during both the day and evening.


    You’ve heard it once, you’ve heard it twice: Location Location Location! Find a location that is right for you, but be open to new ideas that might also work.


    4. Make the most of open houses

    This might seem like an antiquated system, but taking advantage of an open house is one of the best decisions for a first time home buyer. Touring a home can give you a feel for what you like and do not like in a home. Maybe you went into this experience wanting a specific look, but after a few open houses your mind is completely transformed and you are open to new ideas.


    5. Check your credit

    In order to be a first-time home buyer, you must make sure your credit is up to par. There are a few ways to check your credit scores and reports so have a look to see where you stand. The point of all this trouble is to show the bank that you will be paying back your mortgage loan. The higher the credit score, the lower the risk. Keep in mind that there are no strict minimum credit scores, but lenders will be following guidelines. At the end of the day, you want your application approved so take some time to understand what your credit score means and if you are creditworthy. 


    *Remember, home buying is called a process for a reason. 


    First step is to contact me to see what you need to do during this process. Give me a call at (720) 369-9924 or visit my website at


    There are many things to take into account when shopping for a home, but follow these tips and you have set yourself up to win. You will be furnishing your new place in no time.


    I love to hear from all of YOU so feel free to share with me what your home-buying experience has looked like. Also, give me a call if you’re ready to make that jump to home-ownership. I want this transition to be as smooth as possible for you.


    (720-369-9924 or visit my website at 

    Whether it be in Denver or Las Vegas...

    When you choose me, you choose family!