3 Key Steps to Buying Your First New House
- Get Pre-Approved for a Mortgage: Secure financing before house hunting to understand your budget and show sellers you're a serious buyer. Most lenders require 20% down payment for new construction homes.
- Research Market Trends: Study local real estate data, compare prices per square foot, and identify neighborhoods with strong resale value and future growth potential.
- Work with Experienced Professionals: Partner with real estate agents who specialize in new construction, hire qualified home inspectors, and consult with mortgage brokers for the best rates.
Remember that new houses often come with builder warranties, modern safety features, and the latest building codes compliance, making them excellent long-term investments for first-time homebuyers.