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    First Step to Buying a Home. What Every First Time Buyer Needs to Know

    Thinking about buying your first home? That’s exciting—and maybe a little overwhelming. But don’t worry! Let’s walk through...

    • Dario Lorenzo
    • April 18th, 2025
    • 3 min read

    Thinking about buying your first home? That’s exciting—and maybe a little overwhelming. But don’t worry! Let’s walk through the key first steps to get you moving confidently on your journey to homeownership.

     

     

     

    1. Get Clear on Your Financial Picture

    Before browsing listings or attending open houses, take a moment to assess your finances. Start by evaluating your monthly income and expenses. One of the most important numbers? Your credit score.

    Your credit score directly impacts the mortgage options available to you and the interest rates you’ll be offered. Ideally, you want a score above 720, but don’t stress if you’re not quite there yet—there are still plenty of loan options to explore.

    2. Know Your Budget

    A good rule of thumb is to keep your monthly mortgage payment below 28% of your gross monthly income. This helps ensure your new home fits comfortably into your overall financial plan. You can use an online mortgage calculator or speak with a lender to get a personalized estimate.

    3. Start Saving for a Down Payment

    The earlier you begin saving, the better. While 20% is often cited as the ideal down payment (which helps you avoid private mortgage insurance), many lenders offer programs for as little as 3% down. Plus, if you’re a first-time homebuyer, there are often assistance programs that can help bridge the gap.

    4. Get Pre-Approved for a Mortgage

    Before you start shopping, talk to a lender and get pre-approved for a mortgage. This not only gives you a better idea of your price range, but also shows sellers you’re a serious buyer—which can be a big advantage in a competitive market.

    5. Find the Right Real Estate Agent

    Having a knowledgeable, responsive real estate agent on your side can make all the difference. Look for someone who understands your goals, knows the local market, and is ready to guide you through the process from start to finish.

    6. Need Guidance? Let’s Chat!

    There’s a lot to consider when buying a home, but you don’t have to figure it all out on your own. Whether you're just starting to plan or you're ready to start house hunting, I’m here to help.

    Have questions or ready to get started? Give me a call or send a message. Let’s turn your dream of homeownership into a reality!

     

    Phone: 480-766-6725

    Email: [email protected]

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    About the author

    Dario Lorenzo

    480-766-6725
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    With over 32 years of real estate experience, alongside decades of expertise in design and construction, I bring a wealth of knowledge that ensures my clients get the best outcomes in every transaction. At the age of 17, I purchased my first property, igniting a passion for real estate that has driven me to succeed in all facets of the industry—from residential and commercial properties to land development. What truly sets me apart from other real estate agents is my comprehensive approach. Not only do I have deep real estate expertise, but my design and construction experience allow me to see properties from every angle. I can help buyers envision potential transformations and assist sellers in highlighting their property’s best features. Every strategy I employ is tailored to fit YOUR unique situation, ensuring you get the best possible results. As a home seller, working with me means your property isn’t just another listing—it becomes a standout in a competitive market. I leverage the latest social media strategies and cutting-edge video marketing to ensure maximum reach and engagement. By using high-quality visuals and targeted campaigns, I attract more qualified buyers, which leads to faster sales and higher offers. With me, your home will be seen by the right audience, in the right way. If you’re a homebuyer, my knowledge of market cycles, local expertise, and deep understanding of design and construction gives you an undeniable advantage. I don’t just help you find a house—I help you find YOUR home, a place that fits your lifestyle and goals. I guide you through every step, from finding hidden gems to negotiating the best terms, making your buying process smooth, stress-free, and ultimately successful. But what truly makes working with me unique is that when you become my client, you also become part of my close inner circle. I treat every client like family, building relationships that last far beyond a single transaction. You aren’t just another client—you’re part of a trusted network, and I’m here to support you not just today, but for years to come. Here’s why my clients consistently choose me over other agents; I treat your transaction as if it were my own, I am relentless in ensuring that no opportunity is missed and no detail overlooked. I know that your time is valuable, and I work efficiently to meet your goals on your timeline. My extensive experience, personal commitment, and deep market knowledge give you the peace of mind that you are working with a true professional who puts your needs above all else. In a world where so many agents are transactional, I focus on building lasting relationships. I am dedicated to being your trusted real estate advisor, not just for this transaction, but for every future move you make. My clients return time and time again because they know that with me, they’re in the best possible hands. If you're ready to experience the difference, let's talk. Whether you're buying or selling, I will craft a strategy uniquely designed for your success. Let me guide you through the process and help you make your dreams a reality.

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