A Guide for First-Time Homebuyers

Why You Should Use an Agent

There's no need to go it alone! A real estate agent can help guide you through the home-buying process.

After: A Little Love and Landscaping

4 Mistakes You Should Try to Avoid

Rule number one? Don't get more than you can afford. Instead, keep your payments manageable.

Advice for First-Time Homebuyers

  • If you are buying a home with someone else, make sure they don't have any tax liens, owe back child support, or have outstanding court judgments against them. Right before escrow closes, the…   Read the Article

  • For the most part, you'll want to take title as tenants-in-common (TIC) when you own a home with one or more friends. Your only other option is to own it as Joint Tenants, which would prevent you…   Read the Article

  • 1. What is your Vision of Home? Ask anyone you're considering teaming up with for a house purchase to write a Vision of Home and fill out the Wants & Needs Checklist. Discuss the…   Read the Article

  • One of my clients was house hunting in a particular, 100-year-old neighborhood in Oakland, Calif. Very stroll-to-the-local-produce-market-esque. We found this lovely little Spanish-style cottage with…   Read the Article

  • If you got your real estate information from reality TV and infomercials, you'd think all there was to being a real estate investor was fixing and flipping, then flaunting the cash you just made,…   Read the Article

  • No matter what your financial stats are, they can almost always be better. This is a double-edged sword. It's great because with a little bit of work, most of us can improve the snapshot of our…   Read the Article

  • That same night, or the next morning at the latest, the buyer sits wide-eyed in bed thinking they paid too much for the place. The seller gets their agent on the horn and complains that they were…   Read the Article

  • Make sure you get a pre-approval for a mortgage, not a pre-qualification. A pre-qualification is where you give a mortgage broker a hypothetical set of credit scores, income, etc., and they give you…   Read the Article

  • Mortgage brokers work on commission, which are paid by you, by the lender, or by both you and the lender. If you work with a mortgage broker, the industry norm is for them to charge you an…   Read the Article

  • Whether or not to pay points is really just a matter of figuring out (a) whether you can afford to pay one-percent of the mortgage amount in addition to the rest of your closing costs, and (b)…   Read the Article

  • Advertisement

    Zillow Real Estate Search