Finding your dream home is a very exciting time in your life. You are finally getting the home that you have always wanted and there are probably a million things running through your mind. This is a huge step in your life and it doesn’t happen overnight and in fact finding your perfect dream home may take several months to a year.
La Jolla, California is a beautiful coastal town with a rugged coast line that makes for spectacular scenery and real estate in La Jolla ca is booming. It’s important that when you are searching for your new home that you stay organized with all the information that you will accumulate during your quest. Let take a look at some of the things you can do to help you find your dream home.
Know How Much You Can Afford and Stay On Budget
Okay, this is probably the most important thing you can do before you start looking for your new home. If you don’t know how much you can afford and you purchase a home out of your price range, then you won’t be able to keep up with the monthly payments and you will quickly find yourself in foreclosure and losing the home you have always dreamed of.
The rule of thumb when it comes to your budget is that your mortgage payment shouldn’t be greater than about twenty-five percent of your monthly income. This figure includes insurance, property taxes and any other fees such as homeowners fees and or condominium fees. You also need to take into consideration that all of your monthly debt payments shouldn’t be more than about forty percent of your monthly income so if you have a large amount of student loan debt or credit card debt then it will decrease the amount that you can afford each month in a mortgage payment.
Get To Know the Subdivision and Do Your Research
Before you sign on the dotted line make sure you know the area well before you move there. For example, if you have children in grade school then you will want to check out the local schools to make sure that they are good schools. The crime rate is also something that you need to be aware of. Just because the neighborhood looks nice doesn’t mean that the crime rate is low so do your search and find out before making your final decision. Something that most people don’t even think about these days is flood zones. Some area will flood quicker than others and it’s important to know where your new sits so that you will know if you are going to be prone to flooding in the future.
Look Past the Imperfections
This is important because you will probably not ever find a home that will meet every one of your desires on your checklist. Chances are you will find the perfect home but it will have some little imperfections like wallpaper in the bathroom or fixtures that are outdated. Things like this are really easy, cheap and simple fixes and shouldn’t prevent you from buying the home. Just make sure and get a home inspection to ensure that there are no major defects with the house.
Remember to keep these things in the forefront of your mind when you begin your search for your new dream home. With all of the real estate in La Jolla CA you can be confident that you will find the perfect home that you have always wanted.