First-Time Buyer
Guide

Everything you need to know. Step by step, no jargon, no pressure.

1

Get Pre-Qualified

Before you start looking, understand what you can afford. Pre-qualification shows lenders what you're capable of borrowing and gives sellers confidence that you're a serious buyer.

What you need: Income info, credit score range, and monthly debts.

Time required: 5–10 minutes with an online tool, or schedule a call with me for a detailed conversation.

Start pre-qualification →
2

Get Pre-Approved

Once you know your budget, get formally pre-approved by a lender. This is more rigorous than pre-qualification—the lender will verify your income, assets, and credit.

What you need: Recent pay stubs, tax returns (2 years), bank statements, employment history.

Time required: 3–7 days. You'll get a pre-approval letter showing exactly how much you can borrow.

3

Find the Right Agent

This is where I come in. As someone who understands first-time buyers and the unique schedules of healthcare professionals, I'm here to make this process feel manageable.

What to look for in an agent: Someone who listens, explains everything clearly, and doesn't push you into something you're not ready for.

4

Start Your Home Search

With pre-approval in hand, it's time to look. We'll focus on homes in your budget, in neighborhoods that match your lifestyle.

Pro tip: Think about your priorities—commute, school districts, walkability, neighbors. You don't need the "perfect" home; you need the right home for you.

5

Make an Offer

When you find the one, we'll craft a competitive offer based on recent comparable sales and market conditions in Sacramento County.

Include in your offer: Purchase price, down payment amount, closing timeline, and any contingencies (inspection, appraisal, financing).

6

Get a Home Inspection

This is your protection. A licensed inspector will examine the home's structure, systems, and condition. You'll get a detailed report showing any issues.

Cost: Usually $300–$500. Time required: A few hours to a few days for the report.

If problems are found: You can negotiate repairs, credits, or even walk away (if you included an inspection contingency).

7

Appraisal

Your lender will order an appraisal to make sure the home is worth what you're paying. The appraiser is independent and determines the home's fair market value.

What if it comes in low? Renegotiate the price, make up the difference in cash, or walk away (contingency dependent).

8

Lock Your Interest Rate

Mortgage rates change daily. Once you're ready to move forward, lock in your rate. This protects you from rate increases before closing.

Rate locks typically last 30–60 days. Make sure your closing timeline aligns.

9

Final Walkthrough

A day or two before closing, walk through the home one last time. Verify that agreed-upon repairs were completed and that the home is in the expected condition.

10

Closing

You'll sign final paperwork, transfer funds, and get the keys. At closing, you'll sign documents like the promissory note and deed of trust.

What to bring: Government ID, proof of funds, and be ready to review and sign documents.

Time required: 1–2 hours.

Common Questions

Do I need 20% down?

No. You can put down as little as 3–5%, but you'll pay PMI (private mortgage insurance). That's totally fine for first-time buyers. The right down payment is what works for your situation.

What closing costs should I expect?

Typically 2–5% of the purchase price. This includes appraisal, title search, title insurance, recording fees, and lender fees. Your lender will provide a detailed breakdown.

What if I'm not ready to buy right now?

That's okay. Let's talk about what you need to do to get ready. Whether it's saving for a down payment, improving your credit, or just understanding your options—I'm here to help.

How long does the whole process take?

From pre-approval to closing usually takes 30–45 days. It can be faster or slower depending on your situation and market conditions.

Ready to get started?

See what you can afford with our free pre-qualification tool.

Get Started — It's Free