Phase 2: Building Your Team and Securing Financing (6–3 Months Out)
: A specialized agent provides critical guidance on neighborhood value, market trends, and negotiation strategies. Phase 3: The Search and Closing (3 Months Out to Closing) how to plan for buying a first home
: While 20% avoids private mortgage insurance (PMI), many buyers qualify for loans with as little as 3% or 3.5% down. Phase 2: Building Your Team and Securing Financing
: Never drain your entire savings for a down payment. Experts from City National Bank suggest keeping 3 to 6 months of living expenses in reserve after closing to handle unexpected repairs. how to plan for buying a first home