A first-time homebuyer is an individual or family purchasing a home for the first time. This process often involves navigating various steps, including securing a mortgage, finding a suitable property, and completing legal paperwork. First-time homebuyers may also benefit from special programs or incentives designed to assist them in their purchase. Many first-time homebuyers seek guidance from real estate agents and financial advisors to understand the market and financing options. They may also explore government programs, such as those offered by the Federal Housing Administration or Department of Housing and Urban Development, which can provide assistance and lower down payment requirements.