The Portland First-Time Homebuyer's Checklist

1. Get Pre-Approved First

Before you start browsing listings, get a mortgage pre-approval from a local lender. This tells you exactly how much house you can afford and shows sellers that you are a serious buyer. In Portland's competitive market, a pre-approval letter is table stakes.

I work with several excellent local lenders and can connect you with the right one for your situation. Whether you are looking at FHA, VA, conventional, or Oregon-specific programs like OGMA, the right loan product can save you thousands.

2. Know Your Budget

Your pre-approval amount is not necessarily what you should spend. Consider your comfort level with monthly payments, property taxes, HOA fees, insurance, and maintenance. A good rule of thumb: your total housing cost should not exceed 28 to 30 percent of your gross monthly income.

First-time buyers often forget about closing costs, which typically run 2 to 5 percent of the purchase price. I will make sure you have a clear picture of all costs before you write your first offer.

3. Choose Your Neighborhood

Portland Metro has incredible neighborhood diversity. Do you want walkable urban living? A quiet suburban street with good schools? Easy access to hiking? Each area has a different price point, vibe, and commute pattern. I know these neighborhoods because I have lived here my whole life, and I can help you match your lifestyle to the right location.

4. Start House Hunting

Once you know your budget and your target neighborhoods, we start touring homes. I will set you up with listings that match your criteria and schedule showings that work with your schedule. Be patient. The right home will come, and when it does, you will know.

5. Make a Strong Offer

When you find the one, I will help you craft an offer that is competitive but protects your interests. That includes the right price, appropriate contingencies, a reasonable inspection period, and a clear timeline. In multiple-offer situations, I know how to position you without overpaying.

6. Inspections and Due Diligence

Never skip the home inspection. I will recommend trusted inspectors who will thoroughly evaluate the property. If issues come up, we negotiate repairs or credits. This is where having an experienced advocate matters most.

7. Closing Day

Final walkthrough, sign the papers, get the keys. I will be with you every step of the way, from the first showing to the moment you walk through your own front door. Congratulations. You are a homeowner.