Are you ready to buy a home in Southern California? Or are you just barely beginning to think about becoming a homeowner? In either case, we share your excitement. Buying a home in Los Angeles is a big step, and the rewards of homeownership are innumerable. However, buying a home, whether it’s your first home, an upgrade, or you’ve decided to downsize, is not a decision to be taken lightly. Luckily, if you just follow these three simple steps, the process of looking for a home, and even the purchase transaction, will be made much easier (and therefore much more enjoyable!)
COMPILE YOUR “MUST HAVES” IN A PROPERTY
When you buy a home, you’re generally planning to stay in it for a least a few years. Even real estate investors shy away from the quick flip these days. So take a good look at what you really want in a home. Do you want a single family residence? A yard? Or would you prefer a condo, with a Homeowners Association (HOA), which takes care of your gardening?
How many bedrooms are ideal for you? Are you planning to expand your family? Do you need lots of room for entertaining? Consider your lifestyle, and all of the items you can’t live without in your home. These parameters may include which school district you want your home to be in, to your desire for a walk-in closet. Take some time and determine what you want, to make your house hunting a more efficient process.
FIND A REPUTABLE REALTOR® TO WORK WITH
The importance of working with a reputable, knowledgeable REALTOR® cannot be emphasized enough. The agents at Boutique Realty, for example, have years of proven success, in the areas of real estate that have piqued your interest. Are you interested in purchasing a home which is in foreclosure-aka Real Estate Owned (REO)?
Would you like to be made aware of distressed properties, such as short-sale purchase opportunities? Do you need a REALTOR® who specializes in single family homes in Encino, for example? Our agents are each highly specialized, so that when you need a true real estate expert to meet your unique needs, you’ll find one with precisely that niche, here.
REALTORS® will not only alert you of new home listings meeting your needs, but they will accompany you to open houses, they will provide you with valuable information on home prices (using comparative values¹ from your designated demographic), and they will save you a great deal of time. Boutique Realty’s agents can also help you determine what you can afford, work with you to determine an attractive offer* that will ensure you are on the top of the seller’s list and to boot, our skills in negotiation on your behalf are simply, unmatched.
DETERMINE WHAT YOU CAN AFFORD
Once you’ve ascertained what you’re looking for in the home you wish to buy, and you’ve secured a reputable REALTOR® to assist you in identifying that home, you’ll need to know how much you can afford to spend. There is no need to break it down to the penny, but having a ballpark figure of the down payment you can provide, plus your income, and your monthly expenses will help your REALTOR® and your mortgage professional determine what you can afford as a home buyer.**
For additional useful steps to employ, when deciding to buy a home, click here: Steps to Buying a Home
Boutique Realty: Allen@Boutiqueproperties.net (818) 881-888