subject: Santa Monica Foreclosures - Where To Start [print this page] Santa Monica Foreclosures - Get a bargain on Them Recommendation 927
With 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'd personally have ended up with a house without the real estate agent's help!
Their help can make the process easy, or otherwise extremely difficult. For your info Santa Monica foreclosures, my estate agent was amazingly helpful.
You can go the uninformed traditional route of surfing countless out-of-date websites, scouring the local newspaper, trying in vain to find that ideal home. There is an alernative though...
USE AN ESTATE AGENCY TO PIN POINT THAT ELUSIVE PROPERTY FOR YOU, WITHOUT YOU DOING ANY OF THE WORK AT ALL.
Your leisure time should be extremely valuable to you. So let them do their job and save yourself the stress. You need to ensure that all your documents and finances are ready prior to searching, this will save you a lot of time later on, especially if you want to make a quick offer. If you're in the market for Santa Monica foreclosures then please follow these steps carefully.
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. How many bedrooms? Bathrooms? Do you need a garage, or is that a luxury you can live without? What overall style of house you want? You may without doubt be overwhelmed with all of the suggestions you will be given and will probably to just about everything that is suggested to you. Make sure you therefore actually work out prior to arriving at their office, what is essential and what is not. If your list of essentials is massive, then expect the house price to be of equal value. So, be realistic.
HOW MUCH CAN YOU REALLY AFFORD? For example, if you have a low budget then forget about looking for Santa Monica foreclosures.
You will then asked a few simple financial questions order to work out what price range you are looking at. How will you be funding the purchase? Will your parents be assisting? How much do both of you earn combined in a year and what debts to your currently have? Have you ever been made bankrupt? Have you got a history of credit problems? He will then inform you of the compulsory charges you will also be liable for. 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. As a sort of example of what can go wrong if you don't do your sums. I recently purchased two houses in Cali, I couldn't really afford them at the time so I was effectively forced to put my Santa Monica foreclosures.
He may also suggest that you buy to your maximum affordability. He may 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. This, of course, will result in a move sooner than later, with all the usual expenses like real estate commission, legal fees, land transfer taxes again, and disbursements, as well as the cost of movers. 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. My idea of totally ideal home is in California, have a search for
