subject: Santa Monica Foreclosures - Easy Steps For Finding Them [print this page] Santa Monica Foreclosures and How you can Get a good deal on Them Tip 339
Using the correct advice from start to finish, the home buying process can be stress free and actually enjoyable. I cannot stress just how important it is to employ the services of a professional. When I searched for Santa Monica foreclosures I don't think I would have ended up with a house without the real estate agent's help!
Their help can make the process easy, or otherwise extremely difficult. Just as a side note Santa Monica foreclosures, the real estate agent I employed was amazing.
One option you have, which is inadvisable, is to scour the web or newspaper, attending real estates speeches and scouring neighbourhoods for that elusive property. One option you should really consider is to...
USE AN ESTATE AGENCY TO PIN POINT THAT ELUSIVE PROPERTY FOR YOU, WITHOUT YOU DOING ANY OF THE WORK AT ALL.
Time is precious. So, let him invest his to save yours. It is advisable to get all your requirements listed prior to searching. If you have been searching for Santa Monica foreclosures then you must follow these steps.
When you first meet your estate agent, their primary objective will be to get you know you, what styles you like and what your precise requirements are. He will want to know things like how many bedrooms do you want, do you want a pool? What kind of property age you are looking for? Of course, with every suggestion, you'll have a tendency to say yes. Draw up a list prior to your first meeting - this will ensure that you know what is essential (what you must have) and things which you could maybe do without. Remember that with everything you "ok", a cost will be added to your budget. Just try to be realistic.
HOW MUCH CAN YOU REALLY AFFORD? For example, if you have a low budget then forget about looking for Santa Monica foreclosures.
He will then proceed to ask you a few financial questions in order to get a better picture of what you can afford. How will you be funding the purchase? Are Dad and mom assisting? What's your gross combined income and outstanding debts with minimum monthly payments? Ever been bankrupt? Are in any serious credit disputes? He'll advise you on what to anticipate for closing costs, including the big one, land transfer tax. It is important that you tell the truth to a real estate agent as his calculations will help you understand what you can and cannot realistically afford in the long term. I bought a few houses a year or so ago, 2 of which I could not afford which resulted in my me having to put up my Santa Monica foreclosures.
You might be advised to purchase the most expensive house that you can afford. He might do this to try to gain more commission. However, he may well have your best intentions at heart - if you purchase a downgrade as such then it will only be a matter of time before you want to move again. And of course with another move will come another set of fees and legal expenses. So at the end of the day, most of the time it is advisable to just go for your dream home, as long as it does not stretch your budget too much. If you are looking for a totally dream property, then look in California, specifically look for
Santa Monica foreclosures, if you move here then you will never want to live anywhere else.
