We are taking the confusion out of buying a home. Follow the steps to own your dream.
0 %
of buyers are first time buyers
is the median age
0 %
typical down payment for first time buyers
years is the average amount of time first time buyers plan to stay in their home

There are many things that can hold potential buyers back from buying a home. Many young people today have expensive student loan payments or damaged credit scores. Some don't have the money for a down payment and others are not ready to settle down in one place. No matter the obstacle you may face, we have some helpful tips and solutions to walk you through the process.

Learn more about what's holding you back.

Getting Married?

Don’t invest in the wedding...invest in your home!

Did you know there are online registries that allow guests to make donations towards the down payment for a home? The gift home is one that will last for years and will be remembered for a lifetime. Instead of registering for a toaster or new sheets. We’ve included some pros and cons of the registries:



Deposit a Gift - http://www.depositagift.com/

  • Pros
    • Customize your registry site
    • Create categories of what you are saving for or looking for
    • Status of your registry is constantly updated
    • Accepts credit cards
    • Withdrawing the money from the registry is free with no restrictions
    • Can receive the money with an ACH Direct Deposit $500 or less
    • Or a personal check of $500 or more
    • Easy to set up
  • Cons
    • 7.5% flat fee total gift purchase balance (what you have to pay or the giver pays)

Feather the Nest - https://featherthenest.com/

  • Pros
    • Set your fundraising goal and length of your campaign
    • Share with friends and family over all social media networks
    • Accepts all major credit cards
    • Could use a real estate agent as a sponsor
    • Does anonymous donations as well
    • Gives notifications and logs the donations
    • Can use a bank account
    • Transfers the money as soon as it is donated
  • Cons
    • Charge 5% transaction fee on every transaction
    • Anything over $600 gets reported to the IRS as misc money

Zola - https://www.zola.com

  • Pros
    • Create customized cash fund for down payment
    • Receive gift notifications
    • Can shop on the site for your registry as well as donations
    • Keeps track of who bought or gave you what on a "Thank You" note manager
    • Transfer cash gifts into your bank account as soon as they are purchased
    • Personalized page
    • Also available as an App
    • International credit cards have no extra fees
    • Easy set up
  • Cons
    • 2.7% fee in credit card processing


Go to Next Step


Getting pre-approved is one of the most important steps in buying a home for a variety of reasons. By going through the mortgage process up-front, you will know exactly how much house you can afford. Getting pre-approved makes you "ready to buy" and will allow you to write a confident offer on a listing when you find one you want to purchase. It also prevents you from falling in love with a home you can't afford and can even give you leverage should you enter a multiple offer situation where you will compete with other buyers for the same home.

During this process, the lender will start by pulling your credit report. You can get started now by gathering your W-2 wage statements, 1099s, recent pay stubs, bank statements, and statements from Individual Retirement Accounts and 401(k)s and other assets that show you have the resources to buy a home.

To get pre-approved, contact one of our mortgage lenders at PrimeLending.

It's important to find the right REALTOR® at the beginning of the process. After all, you wouldn't go to court without a lawyer! Your REALTOR® will be there to walk you through every step of the way. They will work to find the right home for YOU and will negotiate on your behalf. Oh, and did we mention the paperwork? You will find that buying a home comes with loads of it and your REALTOR® will help you fill it out correctly. The best part is, as a buyer, it doesn't cost you anything. REALTORS® work on commission and will get paid out of the fees the seller pays to sell their home.

Want to learn more? We highly recommend asking your REALTOR® to do a buyers' presentation and workshop with you. This presentation will show you in more detail what you can expect throughout the home buying process.

Click here to find an agent!


Go to Next Step

This is undoubtedly the most fun part of the process, but at times it can be a little overwhelming and even a bit frustrating. Writing down a list of priorities in a home before you start looking can keep you focused during the search.

You can find homes for sale in the Dayton, OH area by going to ColdwellBankerIsHome.com.

Go to Next Step

Write an offer

Once you have found "the house," you will want to write an offer quickly (this is another reason why it's important to be pre-approved!) Your REALTOR® will help you with all the details.


There may be some back-and-forth offers between you and the seller before you come to an agreement. Negotiations cover items such as the selling price of the home, whether or not closing costs will be paid and what items will stay with the home such as window treatments or appliances. This can be an exciting, yet stressful time and requires some patience.

An Accepted Offer

An accepted offer means you are officially "under contract" for the home. The good news is, at this point no one can buy the house out from under you! However, it's not a done-deal yet...


Go to Next Step


It is recommend you hire an inspector to point out any current (or future!) problems with the home. This can save you a lot of money and headaches later on. Certain loans may even require you to get an inspection.

  • Whole-house inspections cost around $400 so keep this in mind when planning your savings budget.
  • More specific inspections, such as roof, foundation, or fireplace will be an additional cost to keep in mind.

Any problems needing to be fixed will need to be negotiated with the seller unless you're buying a home being sold "as is." (Often this includes HUD or short sale homes.)

Take a look at our Concierge program for trusted inspectors.


Go to Next Step


Once the closing is finalized, you will officially be a home-owner.


What to do after buying your home:

Be sure to check out our Concierge list of recommended professionals for a variety of problems you may run into, or updates you want to add to your home such as remodeling, flooring, painting, etc.

Did you skip over some helpful information? These are the different tools on the site.

© 2017 Coldwell Banker Heritage Realtors, All Rights Reserved

REALTOR® is a trademark of the NATIONAL ASSOCIATION OF REALTORS® and is used with its permission. These and all other trademarks used in this work are the property of their respective owners.