Pointers for first-time buyers:

• When looking for a lender, it's important that buyers – especially first time buyers – do their research.  Buyers should ask for resumes, references, and see if they have an active online presence.

• When submitting offers, buyers should consider adding a cover letter that explains why the buyer wants the home, and even family photos can add a nice personal touch.

• While waiting for the home to close, try not to move money around a lot because the entire paper trail will have to be documented.  That documentation can be a pain and could delay closing.