Buying a home can be tricky for beginners. After all, there are so many steps, tasks, and requirements that you may be afraid of making a costly mistake. In fact, however, first-time buyers enjoy special perks created to encourage newcomers to the real estate market.

To demystify the process in order to get the most out of your purchase, here is an overview of what to consider before buying and what to expect from the buying process itself, along with some tips to make it easier for you to buy your first home.

Buying a home is still considered a central aspect of the American dream. As a first-time buyer, you have access to government programs, tax breaks, and government-guaranteed loans if you don’t have the usual minimum down payment (ideally 20% of the purchase price of your home). or if you are a member of a specific group (see important caption below). And you can be considered a first-time buyer even if you’re not a newbie.

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