Buying A San Diego Home

Written by Krystin Spellman
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House hunting can be a grueling process, requiring loads of patience. The first step is to determine how much of a mortgage you can truly afford. In many cases, lenders will prefer to approve you for no more than 29 percent of your gross monthly household income, ensuring that you will not be overburdened by your new mortgage payments. In addition to your monthly payment, consider the different mortgage options that are available to you, paying close attention to the interest rates that are associated with each loan type. Remember, at a lower interest rate, you will be more likely to afford a higher priced San Diego home.

The First Steps

Begin determining what amenities you would like to have in your San Diego home by creating a wish list. Would you like to have two or three bedrooms? How many bathrooms? Do you want a garage? Determining what you value most in your new home will help you refine your search, and also help your real estate agent assist you in the house search as well.

Begin looking for a good real estate agent as soon as you have decided to buy a San Diego home. Friends and family members make good referral sources, letting you know who they have worked with, along with their opinion of the overall experience. Information is also available online regarding which real estate brokers specialize in the type of home or neighborhood you are seeking.

Once you begin house hunting, your real estate agent will certainly help by doing a lot of research to find listings that will appeal to you. In addition to this help, continue looking for homes on your own, takings down addresses of homes for sale as you explore the San Diego area. The Internet provides you with a valuable resource, allowing you to search for properties by your preferred amenities, also allowing you to narrow your search for homes within your budget.

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