Determine a down payment amount (ideally 20% to avoid paying private mortgage insurance).
Request your credit report from all three credit bureaus (Equifax, Experian and TransUnion).Check out different neighborhoods, home styles and listings online to get a feel for what’s most important to you.Determine what’s most important to have right now - e.g., location, number of bedrooms, a yard.You’re prepared for the extra work that comes with homeownership.You can see yourself living in the same town for the next 5-10 years.Here are the topics you can go over with clients in our new home buyer’s checklist: Make sure you’re (really) ready
Some agents also host first-time home-buying seminars at their brokerage and use this handout as an incentive to attend. As a Zillow Premier Agent, you’ll have real-time visibility into the homes your clients are searching for, viewing and saving.Īgents typically bring a sample home-buying checklist to each open house and offer to email a copy to buyers (a great way to exchange contact information). What home features and neighborhood characteristics should they look for? What can they afford? Are they ready to be homeowners? According to the Zillow Group Consumer Housing Trends Report 2019, 45% of all buyers are first-time buyers and 63% of first-time buyers are millennials.
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