← Back to Templates

First-Time Buyer Complete Checklist

Navigate the home buying process with confidence. This comprehensive checklist covers everything from pre-approval to move-in day.

Your Progress

0%

0 of 40 tasks completed

Pre-Shopping Preparation

Get your finances and expectations in order before you start looking

0/6
0% done
Check and improve credit score*

Aim for 620+ (FHA) or 740+ (best rates)

6-12 months before
Save for down payment and closing costs*

3-20% down + 2-5% closing costs

6-12 months before
Calculate true affordability

Include maintenance, utilities, insurance, emergency fund

3-6 months before
Research neighborhoods and schools

Visit at different times, check commute, amenities

3-6 months before
Get pre-approval letter*

Not just pre-qualified - get fully underwritten approval

Documents needed:
  • Tax returns (2 years)
  • Pay stubs (2 months)
  • Bank statements (2 months)
  • Employment verification
1-2 months before
Interview and select real estate agent

Get referrals, check reviews, ensure good communication

1 month before

House Hunting

Search smart and stay organized during your home search

0/6
0% done
Create must-have vs. nice-to-have list

Be realistic about needs vs. wants

Before viewing
Schedule viewings efficiently

Group by area, allow 30-45 min per home

During search
Take notes and photos at each viewing

Document pros/cons, measure rooms if needed

During viewings
Research property history

Check days on market, price changes, past sales

Before offering
Drive by at different times

Check traffic, noise, neighborhood activity

Before offering
Review HOA documents if applicable

Understand fees, rules, reserves, pending assessments

Documents needed:
  • HOA bylaws
  • Financial statements
  • Meeting minutes
Before offering

Making an Offer

Navigate the offer process strategically

0/6
0% done
Determine competitive offer price*

Review comparables with your agent

Day of offer
Decide on contingencies

Inspection, financing, appraisal, sale of current home

Day of offer
Set earnest money amount

Typically 1-3% of purchase price

Day of offer
Write personal letter (if appropriate)

Can help in multiple offer situations

With offer
Review and sign purchase agreement*

Understand all terms and deadlines

Day of offer
Submit proof of funds/pre-approval

Show you're a qualified buyer

Documents needed:
  • Pre-approval letter
  • Proof of down payment funds
With offer

Under Contract

Complete due diligence and secure financing

0/8
0% done
Schedule home inspection*

Within contingency period (usually 7-10 days)

Days 1-3
Attend home inspection*

Ask questions, take notes, get estimates for repairs

Days 3-7
Negotiate repairs or credits

Focus on safety and major systems

Days 7-10
Finalize mortgage application*

Submit all requested documents promptly

Documents needed:
  • Updated financials
  • Insurance quotes
  • Additional verification docs
Days 1-14
Order appraisal

Usually ordered by lender

Days 7-14
Shop for homeowners insurance*

Get multiple quotes, ensure adequate coverage

Days 14-21
Review title report

Ensure clear title, no liens or issues

Days 14-21
Schedule final walkthrough*

Verify repairs completed, home condition unchanged

Day before closing

Closing Process

Final steps to become a homeowner

0/6
0% done
Review Closing Disclosure*

Compare to Loan Estimate, verify all numbers

3 days before closing
Wire transfer or cashier's check for closing*

Verify wiring instructions by phone

1-2 days before
Final walkthrough

Ensure property condition, all items included

Day of closing
Bring required documents to closing

ID, proof of insurance, any requested items

Documents needed:
  • Driver's license
  • Homeowners insurance policy
  • Cashier's check/wire confirmation
Day of closing
Review and sign closing documents*

Read everything, ask questions

At closing
Receive keys and garage door openers

Verify all keys work, get alarm codes

End of closing

Post-Closing

Important tasks after you get the keys

0/8
0% done
Change locks and rekey*

For security, change all exterior locks

Week 1
Transfer utilities to your name*

Electric, gas, water, sewer, trash, internet

Day 1-3
Update address with USPS

Forward mail, update subscriptions

Week 1
File for homestead exemption*

Reduces property taxes in many states

Month 1
Create home maintenance schedule

Set reminders for filters, inspections, seasonal tasks

Month 1
Start home documentation file

Keep receipts, warranties, manuals, inspection reports

Month 1
Build emergency fund*

1-3% of home value for unexpected repairs

Months 1-12
Meet neighbors and join community

Introduce yourself, join local groups or apps

Month 1

First-Time Buyer Tips

Common Mistakes to Avoid

  • ×Skipping pre-approval or only getting pre-qualified
  • ×Not budgeting for closing costs and moving expenses
  • ×Waiving inspection contingency in competitive markets
  • ×Making large purchases before closing

Money-Saving Tips

  • Shop multiple lenders for best rates
  • Negotiate seller concessions for closing costs
  • Time purchase for seller motivation (end of year, etc.)
  • Research first-time buyer programs and grants

Ready to calculate what you can afford?