There are many federally supported home buying programs that you may be able to qualify for because of military service, certain employment fields (teacher, police, fireman), income levels are some examples. There are some real estate agent specialize in first time homebuyers and have many resources and business partners that can assist you throughout the process. Your chosen local real estate agent can direct you to a great lender that will help get you pre approved so that you can begin your home shopping and buying phase. Ask your friends, coworkers or family for an agent referral if you have not found one yet. (Everyone usually knows someone who has bought a home in the last few years.) Best wishes!!
In March 2024, the National Association of Realtors (NAR) agreed to pay $418 million in damages in a class action settlement while promising to change home sale rules that were deemed unfair to buyers and sellers. The new changes were enacted in August 2024, with buyers, sellers, and Realtors trying to figure out how the new rules will affect them
Most buyers and sellers work with licensed Realtors when entering the real estate market. According to the National Association of Realtors (NAR), 89% of buyers used an agent or broker during the purchase process in 2024. Real estate agents guide buyers through each purchase step, from securing pre-approval from lenders to attending the closing ap