How To Buy A House in Los Angeles
Let’s face it. When buying a home in Los Angeles County, it can be one of the scariest things in your adult life. For example, the numerous amount of paper work that needs to be reviewed and signed before you buy house in LA can be daunting. You’re basically signing your life away (sorta) and half of what you are signing doesn’t really make sense.
Being a first time home buyer (and soon-to-be new home owner) will have you taking on plenty of new responsibilities that come with such a big purchase.
Buy House Los Angeles With Help From An Expert
As a realtor near you in Los Angeles, Craig Thomas wants to provide you with 10 Secrets For When You Buy House in LA. These 10 Secrets are essential for any potential buyers looking at buying a home for the first time. Additionally, if you’ve been living in your home for decades, it’s safe to assume you may want to buy a house in Los Angeles area or have considered the idea of selling your current home to buy home in Los Angeles again.
Therefore, these tips are beneficial for you too, as the rules and forms are constantly changing. If you’re not up-to-date on all things real estate, they can greatly hurt your chances as a first time home buyer or even seasoned buyers.
Know this BEFORE You Buy Home in Los Angeles
First-Time Home Buyer Tips
1: As a first time home buyer, make sure not to change jobs, become self-employed or quit your job.
2: Don’t buy a car, truck or van (or you may be living in it).
3: Do not use charge cards excessively or let your accounts fall behind.
4: A major no-no to remember. Do not spend money you have set aside for closing. To clarify, this is for your closing, not a weekend get away trip.
5: Please do not omit debts or liabilities from your loan application. They will pop up throughout the home closing process while you’re looking to buy a house in Los Angeles area.
Buy Home In Los Angeles
First-Time Home Buyers Los Angeles
6: You do not want to go out and buy new furniture just yet.
7: Don’t open up any new credit or store cards. You do not want to originate any inquiries into your credit.
8: Remember not make large deposits without first checking with your loan officer.
9: Stay in place. Do not change bank accounts!
10: Do not co-sign a loan for anyone
Homes In Los Angeles To Buy
Rules for Home Buying
When looking for houses in LA, every single one of these points can certainly affect your chances of closing on your dream home. So why risk it?
To make matters worse, some of these are so simple that anyone can do them by mistake! Who would know that by going out and charging up all these purchases on your dream kitchen, living room and patio before you close on your home could have an adverse affect?
Best Places To Buy A Home in Los Angeles
- Buying a home in Beverly Hills
- Homes for sale in Brentwood
- Condos and homes for sale in Culver City
- DTLA real estate for sale
- Echo Park homes for sale in LA
- Luxury Hollywood Hills homes for sale
Ready To Buy A Home In Los Angeles?
It’s important that when you work with realtors nearby, to make sure that they are seasoned professionals in real estate. Not only should they help you find a home for sale. LA realtors need to guide you every step of the way and help you avoid making mistakes (like the ones mentioned above).
When you are looking for top realtors in Los Angeles, keep Craig Thomas in mind. If you have any questions to the above, let us know. Or if you have additional questions about real estate when buying a home in Los Angeles County, don’t hesitate to reach out via the form below; Craig is a top real estate agent in Los Angeles ready to work with you.
Tip: Discover various real estate services in Los Angeles offered by C.T., for free.