A home is probably the biggest financial investment you’ll make in your life. So before you get started looking at homes and imagining yourself in them, do some homework.
Use this Buyer’s Guide to help you as you hunt for that home of your dreams.
Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper-competitive market has cooled this year as buyer demand has moderated and housing supply has grown.
You May Have More Negotiation Power When You Buy a Home Today!
Knowing your credit score or getting a recent copy of your credit report is one of the first steps that you can take toward knowing how ready you are to start the home-buying process.
The higher your credit score, the more likely you will be to receive a better interest rate for your mortgage, which will translate into more ‘home for your money.
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey.
But why is that?
The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power.
How to Decide What’s Best for You?
Finding cheap homes in San Diego can be a challenging task, as the real estate market in San Diego is one of the most expensive in the United States.
However, here are a few strategies you could use to find affordable housing:
San Diego is home to a wide range of educational institutions, including public schools, private schools, colleges, and universities.
Here is a list of some prominent schools in San Diego:
