What should I do first when buying a house?

Buying a home for the first time often comes with a mix of excitement, nerves, and many questions. Many buyers wonder how to get started, which early steps matter, and how to make smart choices without feeling overwhelmed. When you take time to learn the process before jumping in, the experience becomes far more empowering and far less stressful.

The first steps to buying a house are all about building a solid starting point. When you take time to prepare early, you can move forward knowing you are ready for what comes next. The steps below guide you through the early stages of the process, providing clear, supportive guidance so you feel informed and confident from day one.

Below are the key steps that help first-time buyers move forward with clarity and confidence.

1. Understand Your Budget Clearly

Before touring homes or scrolling through listings, it is important to understand how homeownership fits into your overall financial picture. Instead of focusing only on the sales price, think about what makes sense for your monthly lifestyle.

Start by estimating your full monthly housing expenses, including

• Mortgage payments

• Property taxes

• Homeowners insurance

• HOA dues when applicable

Down payment expectations are another key piece. Many buyers are surprised to learn that buying a home does not always require a large upfront amount. Depending on the loan program, some buyers qualify with down payments between 3 percent and 5 percent.

You will also want to factor in closing costs, which typically range from 2 percent to 5 percent of the purchase price, depending on the loan type and location.

2. Review Your Credit and Keep It Steady

Your credit profile plays a major role in qualifying for a home loan and determining your interest rate.

Before speaking with a lender, review your credit report to confirm accuracy. Staying current on payments and keeping credit balances low can improve your borrowing power. Once you begin the buying process, consistency is key. Avoid opening new credit lines or making major purchases, as these changes can impact loan approval.

If your credit score needs improvement, a lender can often provide guidance on simple steps that may help strengthen it before applying.

3. Prepare Your Documents Early

There is paperwork involved in buying a home, but preparing in advance can make the process smoother and less stressful.

Common documents include

• A government-issued ID

• Recent pay stubs

• W two or 1099 forms

• Tax returns from the last one to two years

• Bank statements from the last one to two months

• Proof of funds for your down payment and closing costs

Having these documents ready helps ensure a smooth process once you start working with a lender.

4. Talk With a Lender and Get Pre-Approved

Speaking with a lender early is one of the most helpful steps you can take. A pre-approval gives you a clear understanding of what you qualify for and what loan options make the most sense for you.

With a pre-approval, you will know

• How much you can comfortably borrow

• Your estimated interest rate

• The loan type that fits your needs, such as Conventional, FHA, or VA

Preapproval also shows sellers that you are serious and prepared, which is especially important in competitive markets.

5. Explore First-Time Buyer Programs

Many buyers are unaware that programs exist to make home ownership more accessible.

In California, some programs offer down payment assistance, help with closing costs, or special loan terms based on income or location. Not every program applies to every buyer, but it is always worth exploring your options.

A knowledgeable lender and a trusted real estate agent can help you understand which programs you may qualify for and how to use them wisely.

6. Work With a Buyer’s Agent You Trust

Having the right real estate agent by your side can make a significant difference, especially if this is your first home purchase.

A buyer’s agent supports you by

• explaining the home-buying process in clear and simple terms

• guiding your home search to match your budget and lifestyle

• helping you understand pricing, offers, and true costs

• preparing and negotiating your offer

• coordinating with lenders, inspectors, and escrow

• answering questions and offering reassurance when things feel uncertain

Having an experienced professional makes the process feel clearer, calmer, and far more manageable. Look for someone who knows the local market well and takes the time to guide you rather than rush you.

7. Define What You Want and Where You Want to Live

Before touring homes, take time to think about what matters most to you.

Many buyers find it helpful to organize their priorities into three categories.

• Must-haves, such as the number of bedrooms or a maximum commute

• Nice to haves, such as a yard or home office

• Bonus features, such as a pool or recent updates

This clarity helps you stay focused when emotions come into play. It is also helpful to narrow your search to a few areas where you would feel confident making a purchase. This makes the process more efficient and helps you recognize the right opportunity when it appears.

Common Questions About Buying Your First Home

What should I do first when buying a house?

The first steps include understanding your budget, reviewing your credit, gathering documents, speaking with a lender, and choosing a buyer’s agent before beginning your home search.

How much money do I need to buy my first home?

The amount varies, but many first-time buyers qualify with a smaller down payment than they expect. Closing costs and assistance programs should also be part of the planning conversation.

Is it important to get pre-approved before looking at homes?

Yes. Pre-approval helps you shop within your budget and strengthens your offer when you are ready to buy.

Are there programs available for first-time home buyers?

Yes. California offers several programs that may help with down payments, closing costs, or loan terms, depending on eligibility.

What if my offer is not accepted?

Offer rejections are common, especially in competitive markets. A rejected offer does not mean you failed. Your agent will help you adjust your approach and move forward with confidence.

Final Thoughts

Starting the home-buying journey is about preparation. When you understand your finances, manage your credit, and build the right team around you, the home-buying process becomes far more approachable.

Taking time to prepare early helps you move forward with confidence and avoid unnecessary surprises later.

Gina Piper and her team at Elation Real Estate proudly guide buyers and sellers throughout Pleasanton, Livermore, Alamo, Walnut Creek, San Ramon, Dublin, Danville, Oakland, Berkeley, and Alameda. Whether you are thinking about buying your first home or planning your next move, Elation Real Estate is here to help you take the next step with clarity and confidence. Contact us.

More Blogs You Might Find Interesting

• How to Choose the Right Loan Term for Your Real Estate Goals

• Smart Financial Tips for Paying Off Your Home

• First-Time Homebuyer Programs in California: Finding the Right Help for Your First Home

• Questions Every Home Buyer Should Ask the Seller

• Pre-Approved Home Loan Guide