First-Time Homebuyer's Guide to Lee's Summit, Missouri
Everything first-time buyers need to know about purchasing a home in Lee's Summit, from down payments to local programs.
First-Time Homebuyer's Guide to Lee's Summit
Buying your first home in Lee's Summit, Missouri is an exciting milestone. This comprehensive guide will help you navigate the process with confidence.
Understanding the Lee's Summit Housing Market
Lee's Summit offers diverse neighborhoods with varying price points. Research different areas to find the best fit for your lifestyle and budget.
First-Time Buyer Programs in Missouri
Missouri offers several programs for first-time homebuyers:
Steps to Buy Your First Home
How Much Down Payment Do You Need?
Contrary to popular belief, you don't need 20% down. Many Lee's Summit buyers put down 3-10% on their first home.
Closing Costs in Lee's Summit
Budget for closing costs typically ranging from 2-5% of the purchase price. These include:
Common First-Time Buyer Mistakes
Avoid these pitfalls:
Finding the Right Mortgage Broker
Working with a knowledgeable mortgage broker in Lee's Summit can save you thousands. Look for professionals with:
[Browse Lee's Summit Mortgage Brokers](/missouri/lees-summit)