First-Time Buyer's Guide: Steps to Your Dream Home

Purchasing your first home is one of life's most exciting milestones. Here's everything you need to know to make the process smooth and successful.

Step 1: Financial Preparation

Before you start house hunting, assess your finances. Most lenders require a deposit of 10-20% of the property value, plus additional funds for closing costs, moving expenses, and initial furnishing.

Step 2: Get Pre-Approved

A mortgage pre-approval letter shows sellers you're serious and financially capable. It also helps you understand exactly how much you can afford.

Step 3: Define Your Priorities

Make a list of must-haves versus nice-to-haves. Consider factors like location, size, commute time, and proximity to schools or amenities.