Drew Scott’s Tips on Finding a House 01:04
Related To: Buying GuidesTips and Hacks (HGTV)
Get the most out of your money with these handy home-buying tips.

Buying Secret #10: Keep Your Money Where It Is
Buying Secret #9: Get Pre-Approved for Your Home Loan
Buying Secret #8: Avoid a Border Dispute
Buying Secret #7: Don’t Try to Time the Market
Buying Secret #6: Bigger Isn’t Always Better
Buying Secret #5: Avoid Sleeper Costs
Buying Secret #4: You’re Buying a House – Not Dating It
Buying Secret #3: Give Your House a Physical
Buying Secret #2: The Secret Science of Bidding
Buying Secret #1: Stalk the Neighborhood

Like any big project, a successful homebuying experience is all about getting the details right from start to finish. These tips for first-time home buyers will help you navigate the process, save money and close the deal.

Decide how much home you can afford

Figure out how much you can safely spend on a house before starting to shop. Rocket Mortgage® home affordability calculator can help with setting a price range based on your income, debt, down payment, credit score and where you plan to live.

How do you calculate the home price I can afford?

We use the information you enter and today’s rates to determine the maximum home price you can afford.

Keep in mind that this calculator just provides an estimate. You can see what you’re actually approved for by using Rocket Mortgage® or talking to a Home Loan Expert.

Choose a real estate agent carefully

A good real estate agent will scour the market for homes that meet your needs and guide you through the negotiation and closing process. Get agent referrals from other recent home buyers. Interview at least a few agents, and request references. When speaking with potential agents, ask about their experience helping first-time home buyers in your market and how they plan to help you find a home.