07/11/2025
š” First-Time Homebuyer? Youāre Not Alone!
Buying your first home is excitingābut it can also feel overwhelming. If youāre just starting out, here are 5 of the most common questions I get from first-time buyers (and some helpful answers!):
š¹ 1. How much can I afford to spend on a home?
This depends on your income, debt, credit score, and savings. A mortgage pre-approval is a great first step to get clarity on your budget.
š¹ 2. How much do I need for a down payment?
You donāt always need 20%! Many loan programs allow as little as 3% downāor even 0% for VA and USDA loans.
š¹ 3. What does the homebuying process look like?
From pre-approval to keys-in-hand, Iāll help you navigate every step: house hunting, making an offer, inspections, appraisals, and closing.
š¹ 4. What are the hidden or extra costs of buying a home?
Think beyond the down paymentāthere are closing costs (2ā5% of the price), home inspections, moving costs, insurance, and property taxes.
š¹ 5. How do I know if itās the right time to buy?
It depends on your personal finances and local market conditions. Iāll help you weigh the pros and cons so you can make the best decision for you.
⨠If you or someone you know is thinking about buying their first home, Iād love to be your guide. Send me a message and letās get started!
Montanna Wi******er | REALTORĀ®ļø
(256)502-2449 Call or text anytime!
River City Realty LLC.