A Step-by-Step First-Time Buyer’s Guide

Buying a home is exciting. This guide explains the process clearly so you can buy with confidence.

1. Step 1: ResearchExplore areas, property types, features you like/dislike, and watch asking-price trends to understand the market.
2. Step 2: Decide your budgetSet a comfortable monthly payment first (include utilities/fees). Don’t rely only on the bank’s maximum.
3. Step 3: Get prequalifiedSpeak to a lender early to confirm what you can borrow and strengthen your offer when the time comes.
4. Step 4: Choose an agentIt costs buyers nothing. I shortlist properties, arrange visits, advise on value and handle negotiations.
5. Step 5: Find the right homeVisit shortlisted homes. Test switches, doors, water, and feel the neighbourhood—traffic, parking, schools, shops.
6. Step 6: Make an offerWe craft a fair offer based on market data and context (buyer/seller market), and negotiate when needed.
7. Step 7: Home inspectionA professional check limits surprises. Findings can lead to repairs, credit, price updates—or walking away.
8. Step 8: Select your loanFixed/variable, 15/30 years, or special programmes. Your lender helps choose the option that fits your profile.
9. Step 9: AppraisalThe lender orders an appraisal to ensure the price is fair for all parties and to finalise the loan.
10. Step 10: Paperwork & closingThe notary/lender finalise documents. Once signed, you are the legal owner—congratulations!