First Time Seattle Home Buyer Checklist

Buying a home is an exciting experience for homebuyers since it represents a new phase of life. However, buying your first home may prove to be a daunting task if you do not have the necessary requirements at hand. This checklist is a basic guide that will catapult you into action when looking to purchase your first home.

Financial plan

Buying a home is definitely a numbers game where money matters. It is important to come up with a financial plan in order to prepare yourself for the upcoming task. A financial plan entails determining how you will pay for the house. This may include savings, a mortgage, or a combination of both.

Before receiving a mortgage, you need to be pre-approved by a lender. This entails getting your incomes, expenses, and credit score validated in order to establish the loan amount you are eligible to get. The loan amount enables the buyer to determine the price level of their potential purchase.

Hire a realtor

Some people assume that buying a home is as easy as browsing a few houses in your desired area and making the purchase. The truth is that the real estate industry requires great navigation skills that allow you to get the best deal in the market. Hiring a realtor is an effective way to ensure your money goes a long way into getting you a dream home. Buyers may find realtors through friends, family, company websites and MLS listings Seattle. MLS listings give buyers a wide array of properties to choose from hence it may be easier to get the property of your dreams without much struggle.

Evaluate your wants and needs

When working with a professional realtor, it is important to articulate your wants and needs in order to ensure the realtor finds offers that match your requirements. As a buyer, it is wise to come up with a list of wants and needs in order of priority. As such, you will be able to establish the dealmakers and breakers when checking out homes.

Your list should include the type of home in terms of single-family home, condo, townhouses, and lofts. In the recent years, residents of Seattle have been treated to the development of Seattle lofts that have expanded the list of housing options for buyers.


Your realtor will identify a couple of properties that are in line with your wants and this process may take a few weeks or several months depending on various factors including the current state of the market. The process requires patience and utmost precision when viewing homes in order for you to make the best decision. After viewing a couple of homes and finding your most preferred property, you will need to make a purchase offer which may be lower than the asking price or equal to the asking price. Negotiations will take place if the seller presents a counteroffer up until the deal is sealed.

We hope to give you a splendid experience as a first time homebuyer.