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10 steps you should know before buying your first home

Buying real property is unique. Real estate transactions are different in size, but not in nature, from other purchases. In dealing with real property, potential buyers need to consider more variables such as potential income growth, term of loan and area (as real property can't be relocated). Also, buying real property carries a longer responsibilities and commitments than most of other types of purchases. For most Americans, buying a real property is going to be the single highest transaction they will be involved in.

Here are potential steps for figuring out how to buy a real property:

Survey: Before looking at the outside, look at the inside. Examine your life style and the life styles of those you are responsible for. Hold a family meeting to ask of input and share thoughts among the household. Examine your financial capacity, and factor in costs for moving, basic renovation and change of a life style.

Research: Now, you can look at the outside. Research how others enjoy their properties and what type of property matched their needs. Visit and talk to loan officers to understand how your mortgage qualification level. Next step, begin conducting online search to identify potential areas of interest. Also, you are advised to visit state department of real estate website as well as read financial news.

Define: Compare your survey findings with your research results. You will find common grounds allowing for the creation of starting goals.

Physical inspection: Because real estate transactions are huge in dollar value, your efforts will need to match it. Once your real property goals are defined, visit areas of interest and conduct an inspection. It is recommended that you visit the same city during three different time periods (morning, afternoon and night) in order to get a sense of how the local community will affect your lifestyle.

Choose an agent: After knowing what you want, look for a real estate agent to represent you. Use the directory from the state real estate commissioner website to locate some local agents. After checking their credentials, contact at least three agents and visit their office. Ask each one to prepare a list of available real properties including a possible breakdown of costs and fees. After talking to each agent, compare and contrast what you heard, then make a choice. Remember, real estate transactions are complicated. By hiring a real estate agent, you are expanding the probability of bigger return. In addition, local real estate agents are connected to their communities allowing them to give you a more detailed assessment of available properties.

Inspect: Your agent will offer you tours of different homes. Make sure to go to as many as possible because those tours will allow you to understand the life style of your future will-to-be neighbors. In addition, you will gain a better idea of real property condition in your area of interest.

Consult: Again, real estate transactions are very multifaceted. You are advised to seek legal and accounting counsel form licensed professionals.

Offer: If all is ok, make a realistic offer. It is always a good practice to condition your purchase offer on a secondary physical inspection, appraisal value, and termite report.

Review: Ironically, many home buyers ignore this last step. You found the perfect property and made an offer. After the appraisal and termite inspections had been completed, ask your agent to deliver you a copy (most likely will be in a PDF format). Examine and read those reports in addition to the title report. Remember, you paid for those reports and you hold the right to get a copy.

Decision: If satisfied, congratulations for you will be buying the best real property available to fit your needs. If you are not satisfied, talk to your real estate agent to examine your options; and then, restart the whole process.

 
Sunland CA 91040
Grenoble St.  ($670,000)
8460 Grenoble St. Sunland,CA 91040
4 Bed, 4 Bath | Approximately 2,182 sq. ft. home on 6,064 sq. ft lot
read more
Sun Valley CA 91352
New Haven St. #9  ($175,000)
10707 New Haven ST # 9 Sun Valley,CA 91352
2 Bed, 1.5 Bath | Approximately 900 sq. ft. Condominium
read more
Sherman Oaks CA 91423
Benefit St  ($545,000)
14435 Benefit St #4 Sherman Oaks,CA 91423
2 Bed, 2.5 Bath | Approximately 1,231 sq. ft. Condominium
read more
Westlake Village CA 91361
Beachlake Ln.  ($649,000)
32127 Beachlake Ln. Westlake Village,CA 91361
3 Bed, 2 Bath | Approximately 1,410 sq. ft. home on 3,223 sq. ft lot
read more
Los Angeles CA 90002
Bandera St  ($255,000)
10360 Bandera St Los Angeles,CA 90002
3 Bed, 2 Bath | Approximately 1,350 sq. ft. home on 5,493 sq. ft lot
read more
Los Angeles CA 90019
Genesee Ave.  ($489,000)
1816 S. Genesee Ave. Los Angeles,CA 90019
2 Bed, 1 Bath | Approximately 825 sq. ft. home on 2,621 sq. ft lot
read more
Monterey Park CA 91755
San Patricio Dr.  ($579,000)
1043 San Patricio Dr. Monterey Park,CA 91755
3 Bed, 2 Bath | Approximately 1,334 sq. ft. home on 6,107 sq. ft lot
read more
South Pasadena CA 91030
Glendon Way  ($1,450,000)
1116 Glendon Way South Pasadena,CA 91030
10 Bed, 5 Bath | Approximately 2,752 sq. ft. home on 8,285 sq. ft lot
read more
Sherman Oaks CA 91401
Fulton Ave  ($625,000)
5201 Fulton Ave. Sherman Oaks,CA 91401
2 Bed, 2 Bath | Approximately 1,572 sq. ft. home on 11,832 sq. ft lot
read more
Los Angeles CA 90068
101 Smoke Shop  ($55,000)
3266 W Cahuenga Blvd Los Angeles,CA 90068
Approximately 793 sq. ft. Building
read more
Altadena CA 91001
New York Dr.  ($749,000)
1479 New York Dr. Altadena,CA 91001
3 Bed, 2 Bath | Approximately 1,626 sq. ft. home on 11,989 sq. ft lot
read more
Montrose CA 91020
Sycamore Ave  ($675,000)
2734 Sycamore Ave Montrose,CA 91020
4 Bed, 2 Bath | Approximately 1,611 sq. ft. home on 10,825 sq. ft lot
read more
Glendale CA 91206
Gardner Pl.  ($880,000)
2341 Gardner Pl. Glendale,CA 91206
3 Bed, 2.5 Bath | Approximately 2,234 sq. ft. home on 7,304 sq. ft lot
read more
Victorville CA 92392
Mica Ave.  ($220,000)
12540 Mica Ave. Victorville,CA 92392
4 Bed, 3 Bath | Approximately 2,094 sq. ft. home on 13,651 sq. ft lot
read more
Glendale CA 91205
Garfield Ave.  ($489,000)
1358 E. Garfield Ave. Glendale,CA 91205
2 Bed, 2 Bath | Approximately 1,085 sq. ft. home on 4,371 sq. ft lot
read more
Sherman Oaks CA 91423
Matilija Ave.  ($4,200)
4958 Matilija Ave. Sherman Oaks,CA 91423
4 Bed, 3 Bath | Approximately 2,076 sq. ft. home on 15,559 sq. ft lot
read more
Compton CA 90220
Acacia Ave  ($289,900)
311 S Acacia Ave. Compton,CA 90220
3 Bed, 2.5 Bath | Approximately 1,627 sq. ft. home on 5,008 sq. ft lot
read more
Los Angeles CA 90011
32nd St.  ($299,900)
814 E 32nd St Los Angeles,CA 90011
3 Bed, 2 Bath | Approximately 1,240 sq. ft. home on 5,322 sq. ft lot
read more
Hawthone CA 90250
W. 118th St.  ($575,000)
4855 W. 118th St Hawthone,CA 90250
Unit 1: 2bed/1bath, Unit 2: 2bed/1bath, Unit 3: Single/1bath | Approx. 1,433 sq. ft. home on 5,591 sq. ft lot
read more
Reseda CA 91335
Darby Ave  ($429,000)
8121 Darby Ave Reseda,CA 91335
3 Bed, 2 Bath | Approximately 1,246 sq. ft. home
read more
Glendale CA 91204
Copy Donkey  ($358,000)
4218 San Fernando Rd Glendale,CA 91204
Approximately 3,230 sq. ft. Building
read more
Bell Gardens CA 90201
Purdy Ave.  ($260,000)
7550 Purdy Ave Bell Gardens,CA 90201
2 Bed, 1 Bath | Approximately 858 sq. ft. home on 6,932 sq. ft lot
read more
Lancaster CA 93535
Renee St.  ($175,000)
1637 Renee St. Lancaster,CA 93535
3 Bed, 2.5 Bath | Approximately 1,303 sq. ft. home on 6,389 sq. ft lot
read more
Panorama City CA 91402
Plummer St.  ($235,000)
14401 Plummer St. #21 Panorama City,CA 91402
3 Bed, 2 Bath | Approximately 1,098 sq. ft. Condominium
read more
Glendale CA 91202
Cumberland Rd  ($895,000)
359 Cumberland Rd Glendale,CA 91202
3 Bed, 2.5 Bath | Approximately 1,924 sq. ft. home on 7,774 sq. ft lot
read more
Encino CA 91316
Lindley Ave.  ($629,000)
6308 LindleyAve. Encino,CA 91316
4 Bed, 2.5 Bath | Approximately 1,809 sq. ft. home on 8,510 sq. ft lot
read more
North Hollywood CA 91606
Denny Ave.  ($399,000)
6652 Denny Ave. North Hollywood,CA 91606
2 Bed, 1 & 3/4 Bath | Approximately 1,105 sq. ft. home on 6,453 sq. ft lot
read more
Sherman Oaks CA 91423
Aida's Skin Care and Hair Salon  ($80,000)
4814 Fulton Ave. Sherman Oaks,CA 91423
Approximately 1,000 sq. ft. Building
read more
Sylmar CA 91342
Kathyann St.  ($350,000)
11872 Kathyann St. Sylmar,CA 91342
3 Bed, 2 Bath | Approximately 1,242 sq. ft. home on 8,178 sq. ft lot
read more
North Hollywood CA 91605
Vanowen St.  ($750,000)
13030 Vanowen St. North Hollywood,CA 91605
1st unit: 3bed/3bath 2nd unit: 2bed/2bath 3rd & 4th Units: 1bed/1bath | Approx. 3,937 sq. ft. home on 8,457 sq. ft lot
read more
Carson CA 90746
Sagebank St.  ($369,000)
952 Sagebank St Carson,CA 90746
5 Bed, 2 Bath | Approximately 1,568 sq. ft. home on 3,982 sq. ft lot
read more
Sherman Oaks CA 91423
Tyrone Ave  ($739,000)
4420 Tyrone Ave. Sherman Oaks,CA 91423
3 Bed, 2.5 Bath | Approximately 1,407 sq. ft. home on 6,548 sq. ft lot
read more
Sylmar CA 91342
Santol Dr.  ($139,000)
11320 Santol Dr. Sylmar,CA 91342
7,368 sq. ft lot
read more
Universal City CA 90068
Cahuenga Blvd  ($499,000)
Cahuenga Blvd W. Universal City,CA 90068
9,591 sq. ft lot
read more
Sun Valley CA 91352
New Haven St. #6  ($179,000)
10707 New Haven St. #6 Sun Valley,CA 91352
2 Bed, 1.5 Bath | Approximately 1,145 sq. ft. Condominium
read more
Granada Hills CA 91344
Sno-White Cleaners  ($29,500)
16204 Devonshire St. Granada Hills,CA 91344
Approximately 1,200 sq. ft. Building
read more
Lancaster CA 93536
32nd St  ($224,900)
42643 32nd St Lancaster,CA 93536
3 Bed, 2 Bath | Approximately 1,448 sq. ft. home on 11,078 sq. ft lot
read more
Sierra Madre CA 91024
Brookside Ln  ($719,000)
560 Brookside Ln Sierra Madre,CA 91024
3 Bed, 2.5 Bath | Approximately 2,380 sq. ft. home
read more
La Canada CA 91011
Vista Lejana  ($2,500,000)
5222 Vista Lejana Ln La Canada,CA 91011
6 Bed, 5 Bath | Approximately 4,612 sq. ft. home on 23,210 sq. ft lot
read more
Los Angeles CA 90039
Lake View Ter. W.  ($1,200,000)
2647 Lake View Ter. W Los Angeles,CA 90039
3 Bed, 2.75 Bath | Approximately 2,461 sq. ft. home on 5,933 sq. ft lot
read more
Los Angeles CA 90068
Carmen Ave  ($899,000)
1943 Carmen Ave. Los Angeles,CA 90068
3 Bed, 1.5 Bath | Approximately 1,575 sq. ft. home on 5,999 sq. ft lot
read more
Van Nuys CA 91405
Valerio St.  ($349,000)
13632 Valerio St. #3 Van Nuys,CA 91405
3 Bed, 2.5 Bath | Approximately 1,485 sq. ft. Condominium
read more
Sunland CA 91040
Whitegate Ave.  ($570,000)
10306 Whitegate Ave. Sunland,CA 91040
4 Bed, 3 Bath | Approximately 2,439 sq. ft. home on 4,081 sq. ft lot
read more
Bell Gardens CA 90201
Clara St.  ($359,000)
5964 Clara Street Bell Gardens,CA 90201
2 Bed, 1 Bath | Approximately 1,140 sq. ft. home on 9,694 sq. ft lot
read more
Los Angeles CA 90260
Larch Ave  ($611,100)
15412 Larch Ave. Los Angeles,CA 90260
1st Unit: 3 bed/1 bath 2nd Unit: 2 bed/2 bath 3rd Unit: 3 bed/2 bath | Approximately 3.750 sq. ft. home on 10,340 sq. ft lot
read more
North Hills CA 91343
Willis Ave.  ($399,000)
9738 Willis Ave. North Hills,CA 91343
3 Bed, 2 Bath | Approximately 1,296 sq. ft. home on 8,384 sq. ft lot
read more
Glendale CA 91208
J Lee Cir.  ($1,300,000)
1359 J Lee Cir. Glendale,CA 91208
3 Bed, 3 Bath | Approximately 2,539 sq. ft. home on 10,150 sq. ft lot
read more
Los Angeles CA 90026
Marathon St  ($839,000)
3115 Marathon St Los Angeles,CA 90026
3 units with 1bedroom/1 bathroom each | Approximately 1,892 sq. ft. Condominium
read more
Burbank CA 91504
Mesa Verde Dr.  ($2,990,000)
3144 Mesa Verde Dr. Burbank,CA 91504
7 Bed, 8.5 Bath | Approximately 6,542 sq. ft. home on 26,751 sq. ft lot
read more
North Hollywood CA 91601
Cafe NoHo  ($165,000)
11040 Magnolia Blvd, North Hollywood,CA 91601
Approximately 1,890 sq. ft. Building
read more
Compton CA 90220
Tarrant Ave.  ($290,000)
15805 S. Tarrant Ave. Compton,CA 90220
4 Bed, 2 Bath | Approximately 1,520 sq. ft. home on 6,370 sq. ft lot
read more
Los Angeles CA 90042
Avenue 64  ($349,000)
400 N Avenue 64 Los Angeles,CA 90042
6 Bed, 2 Bath | Approximately 1,634 sq. ft. home on 4,296 sq. ft lot
read more
Toluca Lake CA 91602
Bloomfield St.  ($629,900)
10862 Bloomfield St. #207 Toluca Lake,CA 91602
3 Bed, 3 Bath | Approximately 1,710 sq. ft. Condominium
read more
Reseda CA 91335
Donna Ave  ($432,000)
6946 Donna Ave Reseda,CA 91335
3 Bed, 2 Bath | Approximately 1,435 sq. ft. home on 6,903 sq. ft lot
read more
Sylmar CA 91342
Kagel Canyon Rd.  ($49,000)
0 Kagel Canyon Rd Sylmar,CA 91342
14,963 sq. ft lot
read more
Winnetka CA 91306
Keswick St.  ($235,000)
20253 Keswick St #203 Winnetka,CA 91306
2 Bed, 2 Bath | Approximately 880 sq. ft. Condominium
read more
Sun Valley CA 91352
Amboy Ave.  ($430,000)
8754 Amboy Ave Sun Valley,CA 91352
4 Bed, 2 Bath | Approximately 1,648 sq. ft. home on 6,372 sq. ft lot
read more
Pasadena CA 91107
Michillinda Ave.  ($329,000)
1015 N Michillinda Ave #311 Pasadena,CA 91107
2 Bed, 1 Bath | Approximately 818 sq. ft. Condominium
read more
Sunland CA 91040
Glenties Lane  ($159,000)
Glenties Lane Sunland,CA 91040
8,566 sq. ft. lot
read more
Los Angeles CA 90041
Colorado Blvd  ($1,500,000)
1823 Colorado Blvd Los Angeles,CA 90041
6 Bed, 12 Bath | Approximately 6,412 sq. ft. home on 12,131 sq. ft. lot
read more
Hesperia CA 92345
Calpella Ave.  ($199,000)
7402 Calpella Ave Hesperia,CA 92345
4 Bed, 3 Bath | Approximately 2,788 sq. ft. home on 1.76 AC lot
read more
Canoga Park CA 91303
Valerio St.  ($439,900)
21026 Valerio St Canoga Park,CA 91303
5 Bed, 2 Bath | Approximately 1,960 sq. ft. home on 7,982 sq. ft lot
read more
Reseda CA 91335
Bothwell Rd.  ($474,900)
7330 Bothwell Rd. Reseda,CA 91335
4 Bed, 2 Bath | Approximately 1,757 sq. ft. home on 5,475 sq. ft lot
read more
Burbank CA 91504
Peyton Ave.  ($218,900)
1901 Peyton Ave #U Burbank,CA 91504
1 Bed, 1 Bath | Approximately 610 sq. ft. Condominium
read more
Glendale CA 91205
Marion Dr.  ($799,000)
1230 Marion Dr Glendale,CA 91205
3 Bed, 2 Bath | Approximately 2,388 sq. ft. home on 8,337 sq. ft lot
read more
Fontana CA 92336
Gabels Crest  ($329,000)
7032 Gabels Crest Pl. Fontana,CA 92336
3 Bed, 3 Bath | Approximately 1,847 sq. ft. home on 7,461 sq. ft lot
read more
Santa Clarita CA 91350
Gaspher Ct.  ($420,000)
20421 Gaspher Ct. Santa Clarita,CA 91350
4 Bed, 3 Bath | Approximately 2,003 sq. ft. home
read more
Inglewood CA 90305
Manchester Blvd  ($225,000)
3314 W. Manchester Blvd, Inglewood,CA 90305
Approximately 900 sq. ft. Building
read more
Glendale CA 91206
California Ave.  ($199,000)
211 E. California Ave A6 Glendale,CA 91206
0 Bed, 1 Bath | Approximately 460 sq. ft. Condominium
read more
Inglewood CA 90302
Gay St  ($215,000)
1109 Gay St. Inglewood,CA 90302
3 Bed, 1 Bath | Approximately 756 sq. ft. home on 3,141 sq. ft lot
read more
Santa Clara CA 95051
Keystone Ave  ($450,000)
2625 Keystone Ave. Santa Clara,CA 95051
2 Bed, 2 Bath | Approximately 1,338 sq. ft. Condominium
read more
Lancaster CA 93534
Woodgate St  ($49,900)
VIC WOODGATE ST Lancaster,CA 93534
20872 sq. ft. lot
read more
Burbank CA 91501
Skyline Dr  ($1,299,900)
3 Skyline Dr Burbank,CA 91501
4 Bed, 4 Bath | Approximately 3,692 sq. ft. home on 7,396 sq. ft lot
read more
Chino Hills CA 91709
Aspen Ln  ($349,000)
37 05 Aspen Ln. Chino Hills,CA 91709
3 Bed, 2 Bath | Approximately 1,000 sq. ft. home on 7,200 sq. ft lot
read more
Whittier CA 90604
Portada Dr  ($379,000)
11103 Portada Dr Whittier,CA 90604
4 Bed, 1.5 Bath | Approximately 1,580 sq. ft. home on 6,046 sq. ft lot
read more
Los Angeles CA 90008
Don Quixote Dr  ($369,000)
4509 Don Quixote Dr Los Angeles,CA 90008
2 Bed, 1.5 Bath | Approximately 1530 sq. ft. home on 7227 sq. ft lot
read more
Alhambra CA 91801
Adams Ave  ($698,000)
122 E Adams Ave Alhambra,CA 91801
3 Bed, 3 Bath | Approximately 1,843 sq. ft. home on 8,110 sq. ft lot
read more
Inglewood CA 90303
Christopher Ave  ($289,000)
11804 Christopher Ave. Inglewood,CA 90303
3 Bed, 2 Bath | Approximately 1398 sq. ft. home on 5737 sq. ft
read more
Los Angeles CA 90011
32nd St  ($349,000)
925 E 32nd St Los Angeles,CA 90011
Each Unit has 2 beds and 1 bath | Approximately 2422 sq. ft. home on 5619 sq. ft Triplex
read more
Los Angeles CA 90001
63rd St  ($169,000)
1725 E 63rd St Los Angeles,CA 90001
3 Bed, 1 Bath | Approximately 696 sq. ft. home on 5608 sq. ft
read more
Acton CA 93510
Tuckerway Ranch.  ($350,000)
Vac/Vic Tuckerway Ranch Rd/Av Acton,CA 93510
40 AC Lot
read more
Acton CA 93510
Tuckerway Ranch  ($350,000)
Vac/Vic Tuckerway Ranch Rd/Av Acton,CA 93510
40 AC Lot
read more
Fontana CA 92337
Villaba Rd  ($189,000)
15480 Villaba Rd Fontana,CA 92337
3 Bed, 2.5 Bath | Approximately 1386 sq. ft. home on 3600 sq. ft
read more
Los Angeles CA 90068
Cahuenga Blvd  ($1.67 /SF/Month)
3501 Cahuenga Blvd Los Angeles,CA 90068
Approximately 7800 sq. ft. Building on 20,099 sq. ft. lot
read more
Homeland CA 92548
Via Del Senor  ($378,300)
31900 Via Del Senor Homeland,CA 92548
4 PLUS a Master Retreat, 3.5 Bath | Approximately 4236 sq. ft. home on 5AC lot
read more
Long Beach CA 90802
Ocean Blvd.  ($169,000)
360 W Ocean Blvd #1003 Long Beach,CA 90802
Studio with 1 Bath | Approximately 472 sq. ft. Condominium
read more
Studio City CA 91604
Moorpark St.  ($349,000)
11762 Moorpark St #D Studio City,CA 91604
1 Bed, 1.5 Bath | Approximately 1272 sq. ft. Condominium
read more
Panorama City CA 91402
Ranchito Ave  ($279,000)
8167 Ranchito Ave Panorama City,CA 91402
2 Bed, 1 Bath | Approximately 1166 sq. ft. home on 6,299 sq. ft
read more
Encino CA 91436
Sapphire Dr  ($1,249,000)
3619 Sapphire Dr Encino,CA 91436
4 Bed, 2.5 Bath | Approximately 2507 sq. ft. home on 14349 sq. ft
read more
Los Angeles CA 90002
55th St  ($1,495,000)
1848 East 55th St. Los Angeles,CA 90002
Approximately 7321 sq. ft. property on 38,899 sq. ft lot
read more
Sierra Madre CA 91024
Vista Circle Dr  ($139,000)
41 Vista Circle Dr Sierra Madre,CA 91024
1 Bed, 1 Bath | Approximately 434 sq. ft. home
read more
Big Bear CA 92315
Lake Dr  ($460,000)
39590 Lake Dr Big Bear,CA 92315
3 Bed, 2 Bath | Approximately 2258 sq. ft. home on 8700 sq. ft
read more
 
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