1. Decide what you can afford.

Generally, you can afford a home equal in value to between two and three times your gross income.

2. Develop your home wish list.

3. Select where you want to live.

4. Start saving.

5. Get your credit in order.

6. Determine your mortgage qualifications.

7. Get pre-approved.

8. Weigh other sources of help with a down payment.

9. Calculate the costs of homeownership.

10. Contact a REALTORĀ®