It’s a great time to buy because there are still quite a few Santa Cruz homes for sale now and interest rates have continued to stay low. Whether it’s your first time purchasing real estate or you’re a seasoned professional, here are a few tips to make shopping for a new house more pleasurable.
1. Get Help
Searching through all of the available real estate can be mind-boggling. Find a professional real estate agent to wade through the Santa Cruz homes for sale and find one that meet your family and financial needs.
2. Start Looking Now
Finding the perfect house can take months, especially if you’re looking in a competitive market. If you’re looking at getting a good deal on a foreclosure or short sale, then these transactions can take even longer because you’re waiting on the bank to make the final call. Try to be patient. The more thorough you are in your search, the happier you’ll be in the long term.
3. Don't Settle for the First Place You See
Searching for a house can be extremely emotional. If you think you’ve found the one, then take a step back, consult your real estate agent and go over your housing checklist one last time before placing a bid.
4. Weigh the Pros and Cons
Almost any property will need a few improvements. Even newly constructed houses usually need improvements like landscaping. Sellers are savvier now about how to make cosmetic changes to catch a buyer's eye, so look carefully. There will still be things you want to change. Weigh the difference between the cost of those repairs and the sale price. If you really want a house even though it's going to take a lot of work, place your bid accordingly.
5. Make Sure Your Financing is in Order
Having financing done in advance makes your job of buying Santa Cruz homes for sale much easier because you’ll know how much you can afford. Save up a down payment and then talk with your bank and get pre-approved for a loan. Your loan officer can also help you determine what your monthly payments will be based on how much money you borrow.
If you’re looking for a professional real estate agent to help you find your perfect home, find out how I can help.
For additional real estate information, please visit my homepage at www.MySantaCruzRealEstate.com.