First-Time Buyer Checklist: What to Do Before You Start House Hunting

Buying your first home is exciting—but it can also feel overwhelming if you don’t know where to start. Before you head out to tour homes in Gulf Shores, Foley, or Orange Beach, it’s important to get organized and make sure you’re prepared for the journey.

Here’s a step-by-step checklist for first-time home buyers to help you feel confident before you start house hunting.

✅ 1. Check Your Credit Score

Your credit score plays a big role in determining your mortgage options and interest rate. Review your score, correct any errors, and work on paying down debt if needed.

✅ 2. Save for a Down Payment and Closing Costs

Start building your savings early. In addition to the down payment, you’ll need funds for closing costs, inspections, and moving expenses. Some loan programs may allow lower down payments, but having extra reserves gives you more flexibility.

✅ 3. Get Pre-Approved for a Mortgage

Before you start looking at homes, talk to a lender and get pre-approved. This gives you a clear budget, shows sellers you’re serious, and can speed up the buying process once you find the right home.

✅ 4. Define Your Budget and Must-Haves

Decide what monthly payment you’re comfortable with and make a list of “must-haves” vs. “nice-to-haves.” Think about location, size, number of bedrooms, and lifestyle needs—this helps narrow your search and keeps you focused.

✅ 5. Research Neighborhoods

Spend time exploring different neighborhoods in Gulf Shores and nearby areas. Consider commute times, schools, amenities, and overall lifestyle. Where you buy is just as important as the home itself.

✅ 6. Find a Local Real Estate Agent

Working with an experienced Gulf Shores real estate agent gives you an advantage. They’ll guide you through the process, help you spot potential issues, and negotiate on your behalf.

✅ 7. Gather Important Documents

Lenders will need paperwork to verify your income and financial stability. Start collecting:

• Recent pay stubs and W-2s

• Bank statements

• Tax returns

• Employment verification

Having these ready makes the mortgage process smoother.

Final Thoughts

Buying your first home is a big milestone—but it doesn’t have to be stressful. By following this checklist, you’ll be well-prepared before you even step inside your first showing.

If you’re thinking about buying a home in Gulf Shores or surrounding areas, let Wheeles Realty guide you every step of the way. From pre-approval to closing, we’ll help make your first home purchase a success.