First-Time Homebuyer Tips from Stephens Real Estate

Buying your ﬁrst home is an exciting milestone, but it can also feel overwhelming. Our team is here to make the process as smooth as possible. Here are some tips to help guide you:

Get Pre-Approved for a Loan

Before you start house hunting, meet with a lender to get pre-approved. This will give you a clear idea of your budget and show sellers you’re serious. “Spring brings more listings, but also more competition. Get pre-approved for a mortgage now. Knowing your budget and having that pre-approval letter in hand will make you a stronger buyer when you ﬁnd the right home. And it will help you move quickly in a fast-paced market,” says Stephens agent Michelle Roberts-Freeman.

Know Your Must-Haves

Make a list of features you need in a home. Whether it’s a certain number of bedrooms, a yard, or proximity to work, knowing your priorities will help narrow down your search.

Understand the Market

The real estate market in Douglas County is diverse, and each area offers something unique. Your Stephens agent is an expert not just in Lawrence but throughout the county, including areas like Eudora, Baldwin City, and beyond. Whether you’re looking for a home in the heart of Lawrence or a quieter spot in the county, we know the local market inside and out. With our guidance, we can help you ﬁnd the right home in the right location.

Don’t Skip the Inspection

Even if the house seems perfect, always schedule a home inspection. This step can uncover potential issues that might cost you down the road.

Be Ready to Move Quickly

In a competitive market, homes can go fast. If you ﬁnd a place you love, be prepared to make an offer quickly.

Think About the Future

When choosing a home, consider your long-term plans. Will the home ﬁt your needs as your family grows or your job situation changes?

Stay Within Your Budget

It’s easy to get caught up in the excitement of ﬁnding your dream home but remember to stay within your budget. Consider not only the purchase price but also property taxes, insurance, and maintenance expenses.

Stephens agent Jan Miller adds, “Don’t be afraid of current interest rates. You can reﬁnance later. Be ready to ﬁght for your home in a tight market, and above all, don’t get discouraged. The right place will come around, it just might take a few swings.”

Stephens agents are highly trained, knowledgeable about the market, and experienced in helping ﬁrst- time buyers navigate the process with conﬁdence. With expertise in Lawrence and throughout Douglas County, they’ll work with you to ﬁnd the perfect home that ﬁts your needs and budget. Need help ﬁnding an agent? Give us a call, and we’ll connect you with the right agent to help you ﬁnd the right home.