Sep 6 2018 27036 1

Dated: 09/06/2018

Views: 88

6 Quick Tips for First-Time Home Buyers in California


Perhaps you’re tired of seeing your hard-earned money disappear into your landlord’s pocket. Maybe your family is growing and in desperate need of a little elbow room. Or maybe you’re just ready to call a place your own. Whatever your reason, being a first time home buyer in California is an exciting (if not a bit scary) adventure.

You probably have a few questions. Do you need a real estate agent to buy a house in California? What is a mortgage? What does escrow mean? How much house can you afford? While you’ll discover the answers to most of these soon enough, I’ve got a few tips you should keep in mind when buying a house in California…especially as a first-timer!

1. Don’t skip on getting prequalified!

When you get a mortgage prequalification, you get a good idea of the range in which you should be shopping. While you should also get pre-approved, getting prequalified for a mortgage can be quicker and offer the insights you need to get started on the right foot.

2. Get a Comparative Market Analysis

Your agent can provide you with a comparative market analysis, which shows you what comparable homes in your desired area have sold for.

3. Account for Closing Costs

Many first time home buyers in California forget about closing costs. These are paid at the close of a real estate transaction and can catch some buyers unaware…so make sure you’re prepared to pay!

4. Shop Around

It’s tough to keep looking after you’re certain you’ve found your dream home, but sometimes it pays to have an open mind! You never know what’s out there until you see for yourself, so don’t be afraid to shop around, attend a few open houses, talk to potential neighbors…you might just be surprised at what you find!

5. Pound the Pavement

Online shopping is great, but when it comes to buying your first home in California, you should take a more hands-on approach. It can be tempting to stick to virtual tours and galleries, but seeing a home in person can make a world of difference. So get out there and take a look!

6. Think Things Through

You may think it’s your dream home, but every rose has its thorns. Look into the little things–your potential commute, local school districts, even the neighborhood walkability! Sometimes seeing the full picture can reveal some things about a home that could be deal-breakers.

Buying your first home doesn’t have to be a hassle, so long as you keep your priorities in mind and keep at it. Use these tips to shop smart and don’t be afraid to ask questions–we all had to learn at one point! Happy house hunting!

Blog author image

Joshua Huizar - DRE 01879833

With several years of sales, negotiating, advertising and marketing experience, you can trust you are hiring a well-rounded Real Estate Professional who can help you get the most out of your Real Esta....

Want to Advertise on this Site?

Latest Blog Posts

Closing Costs And Taxes

Are Closing Costs Tax Deductible Under the New Tax Law? Here’s the scoop on what’s tax deductible when buying a house.Are closing costs tax deductible? What about mortgage interest? Or;

Read More

How To List Your Home For The Best Price

How To List Your Home for the Best PriceIf your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest 

Read More

Feb 13 2019 25821 1

Tax Deductions for Homeowners: How the New Tax Law Affects Mortgage Interest Tax changes for 2019 change the landscape for homeowners. Tax season is upon us once again, and to make it even more

Read More

Feb 5 2019 Down Payment

ONE MORE TIME… YOU DO NOT NEED 20% DOWN TO BUY A HOME The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising

Read More