Buying a home is one of the largest financial commitments a person can make in his or her lifetime. It's especially critical for first-time buyers to make informed decisions about the investment that they are about to make. First-time homebuyers need some basic help to make the process easier.

Define your wants and capabilities versus your needs. Knowing what you can afford is perhaps more important than knowing what you want.

Investigate the neighborhood of your dreams. However, step number one: talk first with a qualified mortgage broker before beginning the search. Being approved for a mortgage is critical and a very easy process. Having a pre-approval in hand affords buyer strength in negotiating, particularly important in a highly competitive marketplace, which many first-time home buyers encounter." . Where are the schools, parks and recreation? How far is the nearest hospital or grocery store? These are basic, yet important, questions that some first timers may not think of until after closing on a property.

Be an informed buyer. Some neighborhoods have deed restrictions such as exterior maintenance, lawn care or fencing. All too often, buyers aren't aware of restrictions that apply to their use of the property until it's too late. Buyers should check with their real estate agent so they understand what restrictions are enforced in the area they are interested in.

Insist on a home inspection. Attend property inspections. Be aware of environmental concerns and ask questions. Get help with the details. Coordinating these and the many details of a move can be overwhelming for even the most experienced homebuyer. Look for a real estate company that can help coordinate related services. Purchasing a home is an important investment and buyers need to thoroughly think through the process. Choosing an experienced and professional Realtor is an important decision.