Buying your first home can be both exciting and nerve-wracking. It is perhaps the biggest investment you can ever make.
Make sure you're arming yourself with the appropriate information about everything you can expect as you navigate the home buying process.
This guide won't make any decisions for you, but it will help provide the foundational knowledge you need to feel comfortable making the best decision for you and your family.
Buying your first home in California is a big deal. Many people see purchasing your first home as a sign of adulthood, success and financial responsibility. Taking that plunge into homeownership shouldn't be taken lightly, as it is a huge commitment.
There is A LOT of advice out there for first time home buyers in California, but the best advice is make sure you have an experienced and dedicated real estate agent on your side. Before purchasing your first home give careful consideration to these factors:
Huge financial responsibility. Your mortgage payment isn't the only new expense you'll have to budget for. You'll need to pay for utilities, maintenance, unforeseen repairs, property taxes and homeowners insurance.
Tighter ties. When renting, you can pick up and move with short notice. When you own a home, the selling process can sometimes take months. Moving can be more complicated, so before purchasing a home, make sure you know you want to be living in that area for a while.
It's an investment. With all investments there are risks. Of course, paying a mortgage that increases your home equity is preferred to paying someone else's mortgage while renting but don't forget there are still some risks involved.
Don't let the process overwhelm you. Download the free guide for first time home buyers now to get started. If you have any questions, or are ready to start searching for a home, please call me on my cell at (310) 722-0517, or send an email to SouthBayJT@Gmail.com.
