Money-Smart Tips for First-Time Home Buyers


Join our #CreditChat on Periscope, YouTube Live, Twitter, and Snapchat on Wednesday, June 28 at 3 p.m ET. In this chat, we discussed smart financial tips for first-time home buyers.

The panel included: Go Banking Rates; Rod Griffin: Director of Public Education at Experian; and Christina Roman: Social Media Specialist at Experian.

We’re also featuring financial tips all week on Snapchat.

Questions We’ll Discuss:

  • Q1: What questions should a potential first-time homebuyer ask themselves to gauge their financial readiness?
  • Q2: What market indicators should you be aware of prior to purchasing a home?
  • Q3: Should you get pre-qualified for a mortgage loan? What are some best practices?
  • Q4: What additional costs should you consider when purchasing a home?
  • Q5: Outside of the cost of mortgage, what factors should you research when considering purchasing a home?
  • Q6: What role does credit play in the home-buying process? When should we review our credit reports?
  • Q7: How do you find a great realtor? Any warning signs you should watch for?
  • Q8: Are there any special benefits for first-time homebuyers?
  • Q9: What are some common mistakes first-time homebuyers make?
  • Q10: Any final tips for first-time homebuyers?

View all of the Tips Shared via Storify:

If you’ve never heard about #CreditChat, here is a brief overview:

Relevant chats on YouTube: