View Single Post
Old 01-06-2009, 08:24 AM   #5
chippewastud79
Fatter than you!
 
chippewastud79's Avatar
 
Join Date: Oct 2008
First Name: Larry
Location: A little place called home.
Posts: 5,397
Trading: (44)
Partagas
chippewastud79 is a splendid one to beholdchippewastud79 is a splendid one to beholdchippewastud79 is a splendid one to beholdchippewastud79 is a splendid one to beholdchippewastud79 is a splendid one to beholdchippewastud79 is a splendid one to beholdchippewastud79 is a splendid one to behold
Default Re: Help!!!! First time home buyer in Cali

Have a pre-approval ready to go. It gets your offers taken a lot more serious.

Always know what you can afford and don't get roped into anything other than a standard loan, never an ARM.

Always have a home inspection and by the most respected inspector you can find. Should take them hours to do everything, not minutes.

Look at as many properties as you have time for, don't keep yourself restricted and settle on the first house you see. Don't force it, if you can't find the perfect house, don't worry about it.

Always bargain, especially in this market. There is no such thing as a low offer, offer $10-20K less than what they are asking. There are plenty of motivated sellers out there, negotiate everything. Ask for closing concessions, a home warranty, repairs, everything. The worst they can say is "no".

Get a good realtor. You are the buyer so they get paid by the seller, don't go with any realtors that charge any kind of consulting fees or anything but their standard commision.

Good luck with the purchase of a home
__________________
If we weren't supposed to eat animals, then how come they're made of meat?
You can never have too many cigars, they are like an investment in good times.
chippewastud79 is offline   Reply With Quote