A Step-by-Step First Time Buyer's Guide
Buying a home is one of the most exciting milestones of your life. To prepare yourself for this moment, you need to know what to expect during the process. This step-by-step first time buyer’s guide created by our team will help reduce the stress of buying a home and help you enjoy the journey as much as possible.
Connect with a licensed Compass real estate agent who is knowledgeable about the neighborhoods you’re considering and can help guide your search. Sign a buyer-broker agreement if you and your agent choose to work together and you feel like it’s a great fit. Your agent will be your guide and advocate through each of these steps.
Before beginning your search, your first step is to get pre-approved for a mortgage loan (unless you will be paying the full price of your home in cash). Your Compass agent can connect you to a mortgage broker. Based on your income and credit history, the mortgage broker will determine how much a bank will lend you, which will help you determine the price range for your search.