Are you ready to take the leap and become a first-time homebuyer? Congratulations! Buying a home is one of the most exciting and fulfilling experiences you’ll ever have. But before you start touring open houses and making offers, it’s important to have a checklist of things to consider before making the big purchase.

First and foremost, consider your budget. How much can you realistically afford to spend on a home? Don’t forget to factor in closing costs, property taxes, and any potential repairs or renovations. Once you have a budget in mind, it’s time to start looking for properties that fit within your price range.

Next, think about your must-haves and nice-to-haves in a home. Are you looking for a backyard for your furry friend? Do you need a garage for your car? Or maybe you want a home office for your work-from-home setup. Write down a list of what you absolutely need in a home and what would be nice to have, but isn’t a deal breaker.

Don’t forget to consider the location of the property. Are you looking for a home in a specific school district? Do you want to be close to your family or friends? Or maybe you’re looking for a quiet neighborhood with a good commute to work.

Lastly, before making an offer, it’s important to get a home inspection. This will give you a better understanding of the condition of the property and any potential repairs or renovations that may need to be made.

Buying a home can be a daunting task, but with a little bit of preparation and a solid checklist, you’ll be sure to find the perfect home for you and your family. Happy house hunting!

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.