Aim for 3–6 months of living expenses in reserve.
Look for an agent who acts as your "quarterback," coordinating with lenders and inspectors. Define Needs vs. Wants: starting the home buying process
You’ll sign final documents, pay your down payment and closing costs, and officially receive the keys. The Homebuying Process for First-Time Homebuyers Aim for 3–6 months of living expenses in reserve
The final stretch takes approximately 30 to 45 days on average. starting the home buying process
Unlike pre-qualification, a pre-approval requires verified documentation (pay stubs, tax returns) and is essential for making a serious offer. Phase 2: Building Your Team and House Hunting
Your agent will help you draft a purchase agreement with contingencies (e.g., inspection or financing). Home Inspection and Appraisal:
Your lender performs a final check of your finances to officially approve the loan.