First-Time Buyer Hub

Your First Home Starts Here

I love working with first-time buyers who are passionate and ready to have an expert guide them through this amazing process of buying their first investment, which will change their life!

Why Karen Cota

You Deserve an Expert on Your Side

Buying your first home can feel overwhelming. Where do I start? Can I actually afford this? What if I make a mistake? These are all normal questions, and I've answered them thousands of times.

With 26+ years as a Principal Broker, GRI, I've helped more first-time buyers than I can count. I break down every step into simple, clear actions so you always know exactly what's happening and what's next.

Personalized guidance from pre-approval to closing
Access to trusted lender partners
Knowledge of first-time buyer programs and incentives
Patient, no-pressure approach to your search

Beautiful family kitchen in a Pacific Northwest home

Step by Step

What Should a Buyer Do First?

Check Your Finances

Review your credit score, savings, and monthly budget. A quick conversation with a lender can give you a clear picture of what you can afford, often more than you think.

Get Pre-Approved

A pre-approval letter shows sellers you're serious and gives you a firm budget. It's the essential first step before house hunting begins.

Define Your Needs

Location, size, style, must-haves. The more specific you are, the faster we find the right home. But be open, too. Sometimes the perfect home isn't what you expected.

Explore Neighborhoods

Drive through areas at different times of day. Check commute times, nearby schools, parks, and shopping. I'll help you find communities that fit your lifestyle.

Tour Homes With Karen

I'll curate showings that match your criteria and point out details you might miss. Every tour teaches you something about what you truly want.

Make Your Move

When the right home appears, we move fast with a strong, well-crafted offer. I negotiate on your behalf so you get the best possible deal.

Financing Basics

How Much Money Do I Really Need?

This is the number one question I hear from first-time buyers. Here's the honest answer: it depends on the loan program and the price of the home you're buying.

Down Payment

3% - 20%

Conventional loans can be as low as 3%. VA and USDA loans may require 0% down.

Closing Costs

2% - 5%

Of the purchase price. Some sellers contribute toward these.

Total Needed

$15k - $40k+

On a $400k home. First-time buyer programs can reduce this.

Don't let these numbers scare you. There are programs, grants, and assistance options specifically for first-time buyers in Oregon. I'll connect you with the right lender to explore every option available to you.

Common Concerns

It's Normal to Feel This Way

"I can't actually do this."

Yes, you can. With the right guidance and preparation, homeownership is more achievable than most people think. Let me show you how.

"I don't know where to start."

That's exactly why you have me. I break down the process into simple, manageable steps and handle the complex parts for you.

"What if I make the wrong choice?"

Every home has trade-offs. I'll help you weigh what matters most and make a confident decision you won't regret.

"The market is too competitive."

Even in a competitive market, well-prepared buyers with strong representation find great homes. I know how to position you for success.