First-Time Home Buyer Guide

Buying a home is one of life’s biggest investments and most exciting adventures. The Payne Team RE of Coldwell Banker is your partner in the process, guiding you along the way to make your experience smooth and successful. Your Home Search Begins

This First Time Home Buyer Guide includes helpful information to get you started:

The Purchasing Process Pre-Approval What loan is best for you Your home search Making an offer Closing on your home Close the deal

Renter vs. Owner

Buying is cheaper then renting in the long-term It’s an investment, where as renting is cash down the drain.

Mortgage payments build equity House payments never change

The Average Mortgage payment in Salisbury, MD For a 3 Bedroom 2 Bathroom home is $1,326 The Average Renting payment in Salisbury, MD for a 3 Bedroom is $1,595 Zumper.com

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