Financial institutions want you to buy a home, so they offer first time buy your first home in Arizona and additional loan programs to assist you with buying a home with as little as $0 out of pocket. Buying a property when it's not your first is usually much easier as in general property value will increase, allowing more capital to be freed for another purchase. However, the first time home buyer doesn't have this benefit which is why you will find many first time home buyer programs across the country that aims to help buyers.