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The following article was published in our article directory on November 19, 2013.
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Tips for California Real Estate Home Buyers

Article Category: Real Estate

Author Name: Kari Shea

Like in most states of the country, California real estate markets go through cycles regularly. San Diego, for example, is home to a constantly changing real estate climate. With this in mind it is important that California real estate buyers are aware of the current interest rates and lending requirements, learn about the unique offerings of each neighborhood, and are kept up-to-date on home prices, which certainly vary according to zip code. The question now is this: how can you – as a buyer – protect yourself from making an unwise investment in the current market?

Buying California real estate properties successfully requires thorough preparation. You have to prepare for the purchase just as much as you will have to prepare for the offer that you will eventually make. Below are some tips for those who are interested in investing in California real estate.

1. Investing in a Great Agent

A lot of real estate investors are hesitant when it comes to getting real estate agents. The truth is having an experienced agent on your side can be worth the money you invest , especially in markets with multiple offers. An agent who is both committed to fulfilling your needs and experienced in navigating the local market gives you the ability to make informed investment decisions and saves you from jumping into a transaction too quickly.

In many states, including California, paperwork comes in mounds and regulations to follow can be taxing for most buyers. And all of these are needed just to complete the transaction successfully. With an experienced local agent working with you , navigating through these territories becomes easier.

Another advantage of having an agent is being able to keep yourself abreast with the newest listings. In such competitive markets, having the right connections can create a world of difference in a sea of hot listings.

2. Getting Pre-Approved

Negotiating in California real estate markets with multiple offers can sometimes be "dirty". Needless to say, the cleaner the offer, the higher the chances are of closing the deal. One way to achieve this is by getting pre-approved. Home sellers absolutely love buyers whose financing have already been approved beforehand. This way, they need not worry if the buyer has the money to complete the transaction .

On the side of the buyer, being pre-approved gives you the advantage of being on a position to negotiate better deals . With this said, this step is definitely a top priority when delving into the industry.

Another perk is the prevention of problems in your credit report. One problem that you might encounter is learning that you have a credit report issue right after making a deal. This happens because of simple errors or loan approval steps that have been missed or forgotten.

Of course, getting pre-approved will help you prevent any of these issues from happening. And if such problem comes up, you will have the chance to fix it before making any deal.

3. Making Attractive, Clean Offers

If a seller has three offers with similar pricing, which do you think will he/she choose? And more importantly, what is a "clean offer"? Going back to tip #1, your agent comes in handy. An agent can pry information from the seller who made the listings regarding his preferences and motivations for selling. This gives an obvious edge over the other offers. For instance, you can offer a bigger down payment, leaving other buyers shying away.

Keywords: real estate, real estate marketing, san diego real estate, real estate and social media, online real estate services, real estate for sale, california real estate

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