"What are the most important items to include in a checklist for first-time home buyers?"

The ideal credit score for a mortgage is 760, but even a score of 620 can qualify for a loan with a 3% down payment.

First-time home buyers spend an average of 2-5 months searching for a home.

60% of homebuyers start their search online, and 90% use online platforms during their search process.

Home inspections can cost between $300-$1,000, depending on the location and type of inspection.

Buyers who work with a real estate agent are more likely to get a better sale price than those who don't.

The average closing cost for a home purchase is 2-5% of the purchase price.

1 in 5 first-time home buyers use a gift or loan from a family member to fund their down payment.

Homes on the market for over 30 days are more likely to have a price reduction.

First-time home buyers can qualify for mortgage insurance premiums as low as 0.45% of the loan amount.

50% of first-time home buyers say that the home buying process was more difficult than they expected.

The average first-time home buyer looks at 10-15 homes before making an offer.

Buying a home can be a 6-month to 1-year process, from start to finish.

A home inspection can save buyers an average of $1,500 on repairs and renovations.

70% of first-time home buyers say that online real estate websites influenced their home buying decision.

60% of home buyers say that they were not prepared for the home buying process and wish they had done things differently.