First Time Buyer First-time homebuyers face a steep learning curve. There's much to know, much to learn, and a great potential for "rookie mistakes"- -with potentially costly consequences.  Here are some basic issues to consider. (1) Rushing into the transaction, become familiar with the local market before making a purchase offer.    (2) Not asking enough questions. It may be uncomfortable to ask questions but ask anyway. (3) Searching in vain for the ideal house. A buyer who turns down a house that meets most criteria may lose the best available property as well as good financing in market conditions change. However, avoid jumping on the first property you see but don't drag their feet when you find a house you love.   (4) Avoid overbuying. Preapproval can help determine a reasonable target price range and also identify the mortgage programs which can work best for you.   (5) Waiting for 20 percent down. Instead- consider VA, FHA and loans with private mortgage insurance. (6) Be Realistic, enough space? parking? Good construction?  Low maintenance? (7) Zoning, ask about zoning for the surrounding area also.  (8) Representation, Ask about buyer brokerage services so you can have equality at the bargaining table. Let me help you prepare before going into the marketplace