First Time Home Buyers Guide – Tips and Advice


This video is essential for every first time home buyer and it’s a great refresher even if you’ve purchased a home before.
From searching for a home to understanding the mortgage closing process this video will help you navigate the process like a boss!

After watching if you want more help get our new home buyers workbook @ It’s free!

Here’s an overview of everything in the video:

Intro – 0:01

What You’ll Learn 0:29

Fun Fact – 1:03

I’ve ABSOLUTELY been right where you are

STEP 1 Apply for a Mortgage – 1:32

Get preapproved before you go house shopping

STEP 2 -Make An Offer – 4:29

Price & Contingencies – Offer, Counter, Accept

STEP 3 – Escrow Period – 7:07

Period between Accepted Offer and Closing

– Secure A Mortgage – 8:08

– Home Inspection – 8:51

– Address Contingencies – 10:07

– Get Insurance – 10:38

– Closing – 12:32

Closing Costs – 13:27

Monthly Mortgage Payment – 15:45

– Principle – 16:30

– Interest – 17:00

– Escrow Account Contributions – 17:41

Rookie Mistake – 21:17

Outro – 22:28

31 Replies to “First Time Home Buyers Guide – Tips and Advice”

  1. i've learned from renovation shows; stay away from asbestos abatement, foam roof insulation, lead paint, water & foundation damage, wood ants or termites, electric & water pipe age & capacity, roof leak. Good info to learn from others on the internet

  2. Wow… Im 30 years old I was just pre-approved for 200k Im a business owner….. But boy was I clueless about first time home buying. THANK YOU SO MUUUUCHHHHH!!! That one person who needed this video was me.

  3. I'm not buying a home yet, I plan to do so in the next two years or so and until then, I am doing a bunch of research on home buying. This video was super super helpful so thank you so much. My only question is: How much of this does not apply to buying a brand new home. I'm assuming that the inspection and the contingencies would not be a thing in that situation; but I would still like some clarification. THANK YOU!

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