Answers by Shay Johnson

One question many first-time buyers wish they asked earlier is: “Are there any first-time homebuyer programs or incentives available to me?” Many buyers are surprised to learn that there are state and federal programs designed to make buying a home more affordable. For example, in Maine there are programs through MaineHousing that can offer benefits like lower fixed-rate mortgages, little-to-no down payment options, and assistance with down payment or closing costs. Another question I encourage buyers to ask is: What will my total monthly payment really be? (taxes, insurance, and utilities can add up) How competitive is this market and what strategies help offers stand out? How much should I realistically budget for maintenance after buying? Buying your first home is exciting, but asking the right questions early can help you avoid surprises and feel more confident in your decision. In competitive markets like Southern Maine, working with a local agent who understands pricing, inspections, and negotiation strategies can make a big difference for first-time buyers.