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First-time buyers

First-Time Buyer Checklist

Every step from saving to keys, in the order it actually happens in South Jersey. Check items off on screen, print it, or have the full PDF emailed to you.

1. Get your money ready

  • Pull your credit report and fix any errors
  • Save for down payment, closing costs and 2–3 months of reserves
  • Avoid new credit cards, car loans or job changes
  • Gather 2 years of tax returns, 2 months of bank statements, 30 days of pay stubs

2. Get pre-approved

  • Talk to at least two lenders and compare rate, fees and turn time
  • Ask about FHA, VA, USDA and NJHMFA first-time buyer options
  • Get a written pre-approval letter, not a pre-qualification
  • Confirm your true monthly payment including taxes, insurance and PMI

3. Define the home

  • List your must-haves vs nice-to-haves
  • Pick target towns — Egg Harbor Township, Northfield, Linwood, Galloway, Mays Landing
  • Check flood zone and flood insurance costs for shore-area homes
  • Review commute, schools and property tax rates by township

4. Tour and compare

  • Set up alerts so you see new listings the day they hit
  • Tour 5–10 homes before deciding what good value looks like
  • Photograph problem areas: roof, basement, windows, HVAC age
  • Ask for the seller's disclosure and recent utility bills

5. Make the offer

  • Review comparable sales before choosing a price
  • Decide deposit amount, closing date and inclusions
  • Keep inspection, mortgage and appraisal contingencies in writing
  • Start NJ attorney review (3 business days) as soon as the offer is signed

6. Under contract

  • Schedule home, radon, termite and (if applicable) septic/well inspections
  • Lock your rate and return lender conditions quickly
  • Complete the appraisal and title search
  • Get homeowners insurance bound before closing

7. Closing week

  • Do the final walkthrough the day of or day before closing
  • Review the Closing Disclosure and compare it to your Loan Estimate
  • Wire funds only after calling the title company to verify instructions
  • Bring photo ID — and get your keys

What most first-time buyers get wrong

  • Shopping before pre-approval, then losing the home they wanted
  • Budgeting for principal and interest only, forgetting NJ property taxes
  • Skipping the radon or septic inspection to look competitive
  • Waiting for a lower rate instead of buying the right house and refinancing later

Want me to walk you through it?

A free 30-minute buyer session — budget, towns, timeline and a written plan.

📅 Book a free consultation