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In 2008, the U.S. government introduced a new program for first-time homebuyers and sellers. Learn just how helpful it was at HowStuffWorks.
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Author's Note: 10 Things to Consider Before Buying Your First Home
As a former real-estate agent, I've seen lots of first-time home buyers make plenty of mistakes, from buying more house than they could afford to taking on a more decrepit house than they could realistically make habitable. Despite their best intentions, agents can only do so much with their advice. The first-time buyers I saw who stayed happiest in their homes were the ones who had done their research, planned their purchases, communicated with their partners and agents and did not step too far outside of their comfort zones. I'm all about taking risks in life -- I went from selling real estate to writing about it, after all. But, a home is often the biggest purchase you make in life, and it's a purchase that follows you around for years. Do your homework before you buy. And happy house hunting!
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