Buying a house can be an overwhelming process. After all, it's perhaps the biggest investment of your life and you want to make sure that you will find a home you will love and at a price you can afford. The stakes are high and it's understandable if you are cautious and don't want to throw your hard-earned money at a bad investment.
So, here's what to look for when buying a house.
Know What You Can Afford
Once you've found a house that you love, it's hard to go back. You will start imagining yourself preparing Sunday breakfasts in the kitchen, chilling on the deck, or enjoying its amazing location. But, if the house is out of your price range, then you are just hurting yourself.
That's why it's best to set a budget and only look for properties in your financial range.
Consider the Location
The location is the second most important thing to consider when shopping for a house. And, by that, we mean that you need to learn how to be a bit flexible. If you can't find a good house in the neighborhood you love, try to determine what makes that location so good and consider other options. You don't want to end up with a bad house in a good location.
If you found a neighborhood you like, spend some time exploring the area to see if it lives up to your expectations. Walk to the cafes, shops, restaurants, and parks nearby to see what they have to offer. If you have kids or plan on starting a family, then you should check the school district rating.
Think Beyond Your Immediate Needs
You may not like the color of the bathroom tile or you may think that the kitchen cupboards are from another era. Don't let these small cosmetic issues distract you. Try to imagine the house as a white canvas and see all the potential it has. And, most importantly, always think long-term. You may think that a two-bedroom downtown apartment may be perfect for you and your spouse, but if you are planning on having kids in the future, then this space is may not be enough for a family.
Check the Condition of the House
A house that needs major repairs will sell at a lower price. However, you also need to keep in mind that you don't get back 100% of your investment. If you don't want to spend money on costly repairs, then here's what to look for when buying a house:
No house is without sin. Even a brand new home can have some issues. In every situation, you need to assess the conditions and decide if a compromise is worth it. CSMC Mortgage can help you with all of your mortgage needs when you are ready to purchase your next home. Contact us today to get started.
“David Honda and his team rocked!! They had great technology that took so much of the pain of home buying away. They were attentive to our specific needs and were on top of our loan process! David was always available, even when he was in Hawaii, and super responsive! Thanks David, Melissa and the team for an easy and great home buying experience.”
- Raymond F.
“Baret Grigorian was amazing!! From start to finish Baret was there to help in every way. I never felt like I had to call him to follow up on my loan transaction and he always kept me informed. He was able to get me great financing rates, a lower payment AND money back! Thank you Baret!! I look forward to working with you again in the future!!”
- Kenny D.
“Faye helped me purchase my first home last year. She was very professional and worked very quickly to help me procure financing. She made herself available around my schedule and took the time to explain my options for financing to help me get the lowest rate possible. Would highly recommend her to anyone looking for someone that is professional, highly knowledgeable, polite, and responsive.”
- James Z.
“With this being my first home purchase, my loan officer was very good at explaining everything to me and helping me with all my needs. Thank you for having such great people in the right place!”
- Cathleen H.
“I had the best experience with CSMC Mortgage. Buying a home is very stressful with all of the paperwork that has to be filled out. Faye was amazing! I have given several people her contact info, who are scared to take the step to homeownership. She took ALL of the stress away for me. I honestly, didn’t have to do much. She accommodated my crazy work schedule and help me get things done in a timely manner. She made me feel so comfortable and at ease. There were no surprises when it was time to sign and pay. I highly recommend her to anyone in need of her services and guidance. I can’t thank her enough.”
- Lisa M.
“This review is about Mark and Darci Richardson from CSMC Mortage in Simi Valley. This team is the BEST! For the past 12 years our home was "underwater" due to the "crash" in 2007, and unable to do anything with the mortgage except pay it. These two kept on top of things and finally the house qualified to REFI. We just completed everything and it closed last week... and they saved us over $900 a month!! That's a huge savings for a couple of senior citizens! We are SO happy now and finally can breathe. Thanks to Mark and Darci and CSMC Mortgage for following through, jumping through all the hoops necessary and helping us out! I can't recommend them more... they are the BEST!!!”
- Shari S.
“CSMC Mortgage took great care of us and our home buying needs. Tony was more than we could have ever asked for, he went above and beyond for us and we couldn’t have been more grateful for all his hard work. CSMC Mortgage has a great and friendly staff, I would highly recommend them to anyone looking into buying a home.”
- Jannet A.
“These folks are conscience and easy to work with. The “calm” as the “storm” of home loans rolls through! I would not use anyone else. They make sure ALL your questions are answered, be that what competitors may have offered, or ads you may have heard or seen. What a pleasure to do business with. Thank you team CSMC.”
- Michael G.