Buy a home in Yakima Washington
509-248-5050

How do I buy my first Yakima, WA, home?

Dreaming of owning your first home? Tired of shoveling out rent for a home or apartment that doesn't feel like yours? Take heart, changing from renter to homeowner may be easier than you think. We're here to help.

Buying is simple with help

Being a first-time buyer in Yakima, WA. Buying a home for the first time can seem very intimidating, but with these tips, it will go much smoother. The home-buying process is easier when you have the help you need. Our agents are more than happy to help you with this process. Buying a home in Yakima, WA, will be a breeze if you follow these steps. If you have any questions along the way, please contact us at any point.

Where do you start?

First of all, learn the financing basics. Becoming familiar with the financing basics is the first step you should take when thinking about purchasing your Yakima home. Developing yourself into an educated shopper will help you find the perfect home in your price range, and after you become educated, get pre-approved so that you know exactly what you can afford.

When first buying your Yakima home, you will be making monthly payments. Making these payments shouldn’t cause too much of a hassle, since you are already making monthly payments to your landlord right now. Coming up with a lump sum of money for a deposit on a house may seem absolutely impossible though. There are options, however, to make buying your first home home a reality.

Programs for first-time buyers. There are many programs, including local and federal programs that will assist first-time home buyers purchase their property. Our agents know all about these programs, so make sure to ask us about it. Our Yakima, WA, real estate agents can guide you in finding the perfect program for you.

Your lender. Your bank or credit union may be able to assist you in your home purchase. Are you debt free and own something free and clear, like a car? Your lender may lend you the down-payment by securing it against this asset.

Private contracts. Look for a seller to help you buy and finance your home. Some sellers are willing to carry the contract themselves and will waive the down payment. You may only have to pay the monthly mortgage installments.

Need financial solutions?

Credit or tax problems. Do you have problems with your credit rating or owe money in taxes? Buying your first Yakima home is still a possibility. It may be a little more difficult, but sellers will still be willing to sell a home to you. Check with your lending institution about options, such as paying a higher down-payment.
If necessary, contact a financial advisor or tax resolution service.