Congrats—you’ve been getting ready and the time is finally here! Buying your first home is a big step! It can feel like a lot. But with a simple plan and a trusted local Realtor®, you can move forward with confidence. This guide covers what to expect, how to prepare, and how Susan Reeves can help you every step of the way.
Quick Start: First-Time Home Buyer Checklist (Columbia, MO)
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Set a budget and get pre-approved.
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List your must-haves vs. nice-to-haves.
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Explore Columbia neighborhoods that fit your lifestyle.
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Tour homes and compare features.
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Make a strong offer with smart terms.
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Complete inspections, appraisal, and closing.
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Celebrate—welcome home!
Understand the Columbia, MO Market
Columbia (locals say “CoMo”) offers many options—historic areas, new builds, and quiet streets near parks and schools. Prices, taxes, and commute times vary by neighborhood. Keep an eye on how fast homes sell and what features are common in your price range.
Set Your Budget and Get Pre-Approved
Why it matters: A pre-approval shows sellers you’re serious. It also sets a clear price range, so you don’t waste time.
What to do next:
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Check your credit and monthly comfort number.
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Ask your lender about loan types, down payments, and closing costs.
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Plan for extras like inspections, moving, and first-year repairs.
Choose the Right Neighborhood
Think about your daily life. Do you want a short commute, a larger yard, or access to trails and parks? Research school zones, nearby shopping, and road access. Then, drive the area at different times of day to get a feel for traffic and noise.
Partner With a Local Pro: Susan Reeves
Buying your first home is easier with a skilled guide. Susan Reeves knows Columbia, MO real estate, current listings, and local trends. She will:
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Learn your goals and budget.
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Share homes for sale in Columbia, MO that match your needs.
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Explain each step in plain language.
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Write strong offers and negotiate for you.
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Coordinate the paperwork and timelines.
Touring Homes: What to Look For
Condition and Layout
Check the roof, windows, plumbing, electrical, HVAC, and foundation. Make sure the layout fits your daily routine—kitchen flow, storage, laundry location, and bedroom placement.
Red Flags
Look for water stains, musty smells, uneven floors, and fresh paint in only one area. Ask about age of major systems and past repairs.
Make a Smart Offer
Price and Terms
Your offer includes price, closing date, and contingencies. In a fast market, clean terms can help you win.
Negotiation
Lean on Susan’s market data and advice. She’ll help you balance value, risk, and speed.
From Contract to Keys
Inspections and Appraisal
Schedule a general home inspection and any needed tests (for example, termite or radon based on advice from your agent). Your lender will order an appraisal to confirm value.
Closing Costs and Timeline
Expect closing costs (lender fees, title, taxes, insurance). Review documents early, wire funds safely, and plan utilities for move-in day.
First-Year Homeowner Tips
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Build an emergency fund for repairs.
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Change air filters and test smoke/CO detectors.
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Track maintenance (gutters, HVAC service).
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Keep all closing and warranty papers in one folder.
FAQs: Buying Your First Home in Columbia, MO
How much do I need for a down payment?
It depends on your loan. Some loans allow low down payments. Ask your lender for options that fit your budget.
How long does the process take?
Once under contract, many closings take about 30–45 days. Timelines can vary based on loan type and inspections.
Do I need a buyer’s agent?
Yes. A local buyer’s agent like Susan Reeves protects your interests, explains the process, and negotiates on your behalf—often at no direct cost to you as the buyer.
What are typical closing costs?
Plan for about 2%–5% of the purchase price, depending on loan, taxes, and services. Your lender will give you an estimate.
Ready to Start?
Buying your first home in Columbia, MO should feel exciting—not overwhelming. Contact Susan Reeves to set your plan, tour the right homes, and make a winning offer. With clear steps and caring guidance, your first home is within reach.
