So You Want to Buy Your First Home in Des Moines. Here's How to Do It Right.

Buying a home for the first time is equal parts exciting and overwhelming. This guide will walk you through the process step by step — so you can move forward with confidence, not anxiety.

Des Moines is one of the most livable mid-size cities in the country, and our housing market reflects that. We have strong neighborhoods, nationally recognized schools, and a cost of living that's still genuinely reasonable. If you're ready to stop renting and start building equity, here's how to navigate the process.

Step One: Get Your Finances in Order Before You Fall in Love with a House

I can't stress this enough: do your financial homework first. The last thing I want for any buyer is to fall in love with a home they can't qualify for — or worse, buy a home that stretches them so thin that homeownership stops being a joy and becomes a burden.

1. Check your credit score. Lenders use it heavily. A score of 620 is typically the minimum for conventional loans; 740+ unlocks the best rates. Give yourself 3–6 months to improve it if needed. Don't hesiate to meet with a mortgage lender to make a plan based on your unique situation.

2. Calculate your true budget. Your mortgage payment is just one piece. Factor in property taxes, homeowner's insurance, potential HOA fees, and a maintenance reserve (budget 1–2% of home value per year).

3. Save for more than just the down payment. You'll also need closing costs (typically 2–5% of the purchase price), moving costs, and ideally an emergency fund for repairs.

4. Get pre-approved — not just pre-qualified. Pre-approval carries real weight in this market. Sellers take pre-approved buyers seriously. It also tells you exactly what you can afford before you start touring homes. Skipping this step could mean missing out on your dream home.

   
   

Down payment programs in Iowa

Iowa Finance Authority offers down payment assistance programs for first-time buyers. Programs like IFA First Home and FirstHome Plus can make a real difference. Ask your lender about these before assuming you need 20% down. Need a recommendation to mortgage lenders who not only participate in these programs, but have ideal commuinication skills? Just ask, we would be happy to send you a list!

Step Two: Know What You Want — and What You're Willing to Compromise On

Before we start touring homes, I ask every buyer to separate their "must-haves" from their "would-be-nice-to-haves." This exercise saves time and prevents emotional decision-making. Write down your non-negotiables. this includes minimum bedrooms and bathrooms, school district, commute limits, garage, basement. Then write your wish list. When you're standing in a beautiful kitchen in Johnston but it's 45 minutes from downtown — is that actually okay? Know before you go. A great realtor should keep pulling you back to this list even is you are ready to write an offer. Is their job is to sell you a home? yes. Is their job also to look out for your best interest above all others? Also, Yes.

Exploring Des Moines Neighborhoods

The metro has something for everyone. Buyers often gravitate toward Drake, Sherman Hill, and the East Village for walkability and character. Families frequently look at areas for their highly-rated school districts (ask us for the best place to find school rankings). If you want more land and a quieter pace, the smaller suburbs offer strong value. Downtown Des Moines has seen genuine revitalization and is worth a serious look if condo or loft living appeals to you (We have a listing you should take a look at, message me for details).

Step Three: The Offer and Beyond

When you find the right home, you need to be ready to move quickly — especially in the $200K–$350K range, where well-priced homes often see multiple offers within the first weekend. Your agent will help you craft a competitive offer that isn't just about price — escalation clauses, flexible closing dates, and a clean offer letter can all make a difference.

After your offer is accepted, you'll schedule a home inspection. Do not skip this. Even new construction has issues. The inspection is your opportunity to understand exactly what you're buying and, if necessary, negotiate repairs or credits.

From there: appraisal, final loan approval, a final walk-through, and closing. I walk every buyer through each step so nothing comes as a surprise.

One Last Thing: Find an Agent Who's Actually Working for You

As a buyer in Iowa, you typically don't pay your agent's commission directly — you can request the seller to cover it. That means you should absolutely have experienced representation. Don't tour homes alone and then try to negotiate a complex transaction without an advocate on your side. A good buyer's agent has seen hundreds of deals, knows the local market deeply, and will fight for your interests at every turn.

Contact us to set up a no-obligation buyer consultation to learn more about the process and how you can best prepare to buy your first home!

DESIGNATIONS: 

MRP (Military Relocation Professional)

RENE (Real Estate Negotiation Expert)

SFR (Short Sales and Foreclosure Resource)

SRS (Seller Representative Specialist) 

AWARDS: 

RE/MAX HALL OF FAME - 2024

RE/MAX Platinum Club Award - 2025

RE/MAX 100% Club Award - 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024

RE/MAX Executive Club Award - 2018

RE/MAX CONCEPTS

6600 University Ave Windsor Heights, IA 50324

Licensed to sell real estate in Iowa 

Agent License ID: S63822 | NRDS: 82836372

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