I write educational posts on buying your home for the first time. I even posted my homebuying book at r/NewbHomebuyer if you want to check it out

This will be a quick post highlighting two tools that I think should help first time homebuyers.

know your numbers first

I think a lot of people shop for homes wrong, or do it in the wrong order.

Rather than scrolling online and falling in love with homes and clicking that "see home now" button on Zillow, they should start with the numbers first.

Then set the filters to match their budget.

You can do this by using an affordability calculator: tools.newbhomebuyer.com/affordability

You enter what you can afford for a monhtly payment and down payment, and it gives you an approximate purchase price.

Set your filters to a max price of around that number.

stay organized

Something else that I've noticed is that some home-shopping stretches can cover over 10 homes. And people get confused about which home was which.

So I think you should take good notes on each address.

if you use this homeshop tool tools.newbhomebuyer.com/homeshop

then you can add a listing link, rank and take notes on certain aspects of the home, and then share your list.

Anyway, hope this helps.

Sam

I write educational posts on buying your home for the first time. I even posted my homebuying book at r/NewbHomebuyer go check it out

Originally shared by u/SamTMortgageBroker in r/NewbHomebuyer — view the original thread.