First-time home buyer's guide to the Twin Cities

Buying your first home in the Twin Cities is a big milestone. Here's how to do it step by step.

Step 1: Get pre-approved

Before you start touring, get pre-approved. It tells you how much you can afford and what your payment will be, and it shows sellers you're serious.

Step 2: Understand the market

• Minneapolis: urban living, walkable neighborhoods, great restaurants
• St. Paul: historic charm and family-friendly neighborhoods
• Suburbs: great schools, newer homes and more space

Step 3: Pick the right neighborhood

• Your commute
• School districts (they help resale value even without kids)
• Parks, shopping and restaurants
• Property taxes, which vary a lot by county and city

Step 4: Work with a buyer's agent

A good buyer's agent sends you new listings fast, schedules tours around you, gives honest insight on value, negotiates price and terms, and guides you through inspection and closing.

First-time buyer programs

Minnesota has down payment assistance, reduced-rate loans and more. See Minnesota programs →

Typical timeline

• Pre-approval: 1–3 days
• House hunting: a few weeks to a few months
• Offer to acceptance: 1–7 days
• Inspection period: about 10–14 days
• Closing: about 30–45 days after an accepted offer

Start your search with Dustin