I work with many first time home buyers.
Here are some steps I can recommend.
1) Get prequalified. Find outhow much house you can afford and find a lender.
2) Select a Lender.This means research rates at various lenders, research their financial strength, find a loan officer and bank you can work with long term. A mortgage is a long term commitment.
3) Make a wish list of needs and wants. Needs are things you need like number of bedrooms and baths and square footage.. Wants are things like a pantry, master bath, pool, etc.
4) Watch the market and get a feel for what is there while waiting for your Pre Qual letter.
5) Find a Realtor you can work with. Trust is important as well as experience, knowledge and a sense of adventure!.
6)Let's Go See Houses!!! This is the fun part!
7) You found the perfect house!!! Now what!
If you are already prequalified, time to make that offer, if not, you may watch the home you love slip away in days or even hours. (I have see it.)
8) The work begins as well as the nerves. I will be here as close as a phone call, text, e-mail or visit. Lenders, Inspectors, Appraisers, Oh My! One more piece of paper...oh Addendum!
9) A Great Agent is your ADVOCATE. They will helpprotect your interests, make phone calls, sending, texts, e-mails, faxes, opening doors, meeting inspectors, making sure communication works between all the different people that it takes to negotiate a home sale.
10) The keys........
Not until title transfers. That means that the bank sends the money for the home purchase to the Title Company to disburse, they then physical go to the court house and record the transfer. I get a phone call, text, e-mail or I even see it show up on the County Recorder's website and you get the call and you get access.