First Time Home Buyers - How

to Get the Best Deal on a

HouseBrought to you by www.LaJollaSanDiegoHomes.com

First Time Home Buyers - How to Get

the Best Deal on a HouseIf you are a first time home buyer and you are looking forward to getting the best deal on a house, there are things you will need to consider before you go ahead with the decision.

The following are some of the things you will need to consider.

The first thing you will need to do is to check the selling prices of other homes in the area where you want to purchase the house.

First Time Home Buyers - How to Get

the Best Deal on a HouseTo make the task easier, you can do a quick search on multiple listing services for houses in that area or check the house listings on several websites, and also the National Association of Realtors.

It will also be a wise step to use a bank rate's mortgage calculator to get a glimpse of the mortgage payments you will be making each month in case you will buy that house.

You will need to figure out what the total housing will be per month.

First Time Home Buyers - How to Get

the Best Deal on a HouseThis should be inclusive of the taxes as well as the insurance

of the homeowner.

In some cases, the payments for taxes and insurance can

be twice as much as the mortgage payment.

To get an idea of what the tax payments will be, you can

just look through the website of the local appraisers.

First Time Home Buyers - How to Get

the Best Deal on a HouseYou should be aware of exemptions as well as local tax

law intricacies that can cause differences between the

amount the homeowner is paying currently and what you

will be paying if you acquire that home.

To get an estimate of the insurance just inquire from the

local insurance agents.

Another important factor to consider if you are a first time

homeowner is your budget.

First Time Home Buyers - How to Get

the Best Deal on a HouseThe house you intend to purchase has to be within your budget.

It is recommended that a home buyer spends not more than 28% of their salary on the housing costs.

Going beyond that puts you at a risk of becoming house poor.

Also make sure that you talk to competent realtors in that area to determine the real estate situation.

First Time Home Buyers - How to Get

the Best Deal on a HouseYou will for instance need to find out if the price is going

down, the reason why that is so and if there is a likelihood

that at some point the price of houses may start going up.

If there are fluctuations over house prices in that area you

need to find a reason to that.

The security of the place you want to purchase the house

as well as that of its neighborhood is also of a matter of

utmost importance.

First Time Home Buyers - How to Get

the Best Deal on a HouseCheck with the police department to confirm if there have

been any criminal cases reported in that area, what kind

of cases they were and how frequently they occur.

You do not want to risk buying house in a place where

there has been reported frequent cases of theft, robbery

with violence, rape just to mention a few.

You should be confident enough that the security of that

place can allow you to live a peaceful life.

First Time Home Buyers - How to Get

the Best Deal on a House

Jaz Cook is an expert Realtor in La Jolla San Diego CA, if

you are looking For Sale In La Jolla San Diego Homes don't

hesitate to contact me today!

First Time Home Buyers - How

to Get the Best Deal on a

HouseBrought to you by www.LaJollaSanDiegoHomes.com