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Message: <blockquote data-quote="bootsbaker" data-source="post: 1981749" data-attributes="member: 24528">first of all congratulations on planning on purchasing a new home. I love that you are actually 'planning' ahead, this will give you plenty of time to save up a down payment which could be anywhere from 3.5% ranging all the way up to 20% or more if you choose. If you pay 20% down on a conventional loan you will not have to worry about PMI. Interview the builders ask for references and call them. If you purchase a newly built home most builders provide some type of warranty if you purchased a previously owned home then a builder is not going to really be much help to you. First step in purchasing a home is to get your pre approval from a lender, do not be afraid to shop around <-- you only need to take this step when you are ready to start looking at homes. I love working with first time buyers but I am not in your area :-/ Interview realtors, find one that you click with, because hiring a realtor is sort of like having a short intense non romantic dating relationship LOL You want to get along and feel comfortable with that person because you will be giving alot of personal information. You could go ahead and find an agent now and be very upfront with them that you are not ready to purchase yet and you are just looking, they can still provide you with education materials etc. Good Luck! if you have any other questions feel free to pm me.</blockquote>