Buying your first Portland Oregon home is a big step and can be a scary thing to undertake.  To help take some of the fear out of the process, I have a list of things to think about for first time (and all) buyers.  The list that follows is not all inclusive by any means, but is meant as a rough guide to get you thinking about soem important issues in the home buying process.  There are some fantastic bargains in the Portland Oregon Real Estate market right now, and it is a great time to be buying your first home.  If you have any questions or would like more information, you can call me or visit my Portland OR Real Estate website.

1. Be picky, but don't be unrealistic. There is no perfect home.
2. Do your homework before you start looking. Decide specifically what features you want in a home and which are most important to you.
3. Get your finances in order. Review your credit report and be sure you have enough money to cover your downpayment and your closing costs.
4. Don't wait to get a loan. Talk to a lender and get prequalified for a mortgage before you start looking.
5. Don't ask too many people for opinions. It will drive you crazy. Select one or two people to turn to if you feel you need a second opinion.
6. Decide when you could move. When is your lease up? Are you allowed to sublet? How tight is the rental market in your area?
7. Think long-term. Are you looking for a starter house with the idea of moving up in a few years or do you hope to stay in this home longer? This decision may dictate what type of home you'll buy as well as the type of mortgage terms that suit you best.
8. Don't let yourself be "house poor". If you max yourself out to buy the biggest home you can afford, you'll have no money left for maintenance or decoration or to save money for other financial goals.
9. Don't be naïve. Insist on a home inspection and, if possible, get a warranty from the seller to cover defects within one year.