4 Quick & Smart Ways to Buy a House

When it comes to buying a new house the process can be long and tedious. On average, it takes about 2 months to buy a new house, but when the markets hot and there is a lot of interest in buying a property it could take up to 6 months. At Balboa Realty we understand that you might not have the time to wait 6 months to buy a house or you simply just don't want to wait this long to move in so we can help speed up the buying process. With our smart and helpful tips you can be all moved in before you know it in a pain free process.

Are you interested in buying a new house? Balboa Realty is here for all things related to Orange County real estate. Call Balboa Realty today: 949-386-8310

Get Your Finances Straight 

Before you start the new home search the first thing you'll want to do is make sure your financial situation is in order. Outline the price range for your budget and stick to it. Having this price range will help you know exactly what your ideal price would be and then the absolute maximum price you could stretch to. In general, 50 days is an average closing time which is longer now than before. We advise going to a financial institution and getting a pre-approved home loan. You can do this even before you place an offer on a home you want to buy. This will show the buyer you are serious, are financially stable, and will help speed up the process.

Find a Realtor

The buying process can feel overwhelming so it's always a good idea to bring in the real estate troops in a time of need. Our Balboa Realty team prides ourself on our strong work ethic and an honest approach to each and every client. We take the time to get know our clients on a personal level and we view everyone as long-term partners. Our reputable realtors will help you find the home of your dreams and walk you through each step of the buying process.

Check Out New Listings

When you're looking for a new place to call home a good place to start is by searching for homes online. When you work with Balboa Realty, you can rest assured that you'll stay on top of all the new listings. You'll be able to see all of the homes for sale that fit your needs in the area you want. Once you find houses that you're interested in we'll help you schedule times to go see the properties and you'll find one that catches your eye in no time. 

Watch For Foreclosure Listings

There can be big advantages when it comes to buying a house in foreclosure. This process of foreclosure occurs when a homeowner fails to pay back the financial institution that lent the money for the home’s mortgage. The financial institution gains control of the house and wants to sell it in an expedited fashion, so the listing price is often 15% below the home's actual value. The house is often sold "as is" so make sure to fully inspect the condition of the home prior to making an offer.

Published on Friday, August 4, 2017