Buying a home for the first time can be challenging. Key tips for first-time homebuyers include choosing a location based on safety and school districts, establishing a budget before viewing homes, and maintaining a good credit score to attract lenders. Mortgage preapprovals are essential, and buyers should consider whether to choose a fixed-rate or adjustable-rate mortgage. It's advisable to spend below preapproval limits, ensure thorough home inspections, and secure homeowners insurance promptly. Avoiding common mistakes can make the homebuying process smoother.
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