5 Best-Kept Secrets for Buying a Home

Southern California Mortgage and Finance

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There is a lot to consider before you purchase a home. While there are endless things to consider, we're going to tackle a few of the major thoughts that should be crossing your mind when you commit to buying a property in Southern California.

One major consideration is how much home you will be able to comfortably afford. Going through the pre-approval process is the best way to determine this. This will then allow you to focus solely on homes that you know you can afford. It's always easier to find a home when you can narrow down your search.

Once you know your financial limitations, you need to pinpoint the type of home that you want. There are single-family homes, condos, etc. Knowing exactly what type of home you want will allow you to act quickly once the home you want appears on the market. Here in Southern California the market moves quickly, so speed and efficiency are critical. It's also important to keep in mind how long you will be living in your home and how it will meet your needs in the future. Planning for the future is extremely important.

Generally speaking, you should have a good idea of what the buying process looks like before you commit to purchasing. This is probably a time where you'll find that the internet doesn't have all the answers. Most often a purchase will include a multitude of steps: offers, negotiations, acceptance, inspections, contracts, loan applications, appraisals, title, loan, etc.

The process doesn't always take the same order, so it really pays off to speak to a local professional such as myself before you commit.

Please feel free to contact my lending team when you're ready to buy in Southern California. We would be more than happy to walk you through the process!