The first-time home buyer checklist

Start with your budget. Most lenders suggest keeping your monthly housing cost under about a third of your income, including taxes and insurance.

Get pre-approved before touring. A pre-approval letter shows sellers you are serious and tells you exactly what you can afford.

Tour with a verified agent. On VellyOwn you can chat with an agent first, then request a tour time that suits you.

Inspect before you commit. A professional inspection can reveal roof, plumbing or electrical issues that change the price you should pay.

Review every closing document. Ask your agent to walk you through fees, and never wire money without confirming details by phone.