Globella Buyers Realty > Resources > 3 Tips for Buying a Home in 2016

3 Tips for Buying a Home in 2016 

 

 Photo Credit: Flickr: Alan Cleaver 

Are you buying a home in San Diego in 2016? I am a believer in The Five P'sProper Planning Prevents Poor Purchases! Here are three important tips for you if you are planning to buy a home in 2016:

1. Take the time to find the right buyer's agent! Your San Diego buyer's agent will have the greatest influence on whether your purchase process is smooth or extremely frustrating. There are so many "buyer's" agents out there who really work for the seller. There are so many agents who only work part time. There are so many agents out there who don't treat people the way they want to be treated.

Find a top buyer's agent who you are confident will work diligently, quickly, intelligently, and only on your behalf (the buyer's behalf) without major conflicts of interest throughout the purchase process. I recommend hiring an exclusive buyer's agent (and so do these people). By the way, I'd like to apply for the job!

Also Read: 16 Questions for Your Buyer Agent Interview

2. No matter how "qualified" you believe yourself to be, find a top mortgage professional who is willing to give you a thorough mortgage review up front (before you start looking at homes). The mortgage lending guidelines are always changing, and no one wants to be surprised a week before closing with news that your bank can't approve your loan! Meet in person or over the phone with a top mortgage professional who is willing to spend an hour with you going over your possible loan options as well as discussing any potential hindrances to getting your loan. Do this up front, and it can be smooth sailing the rest of the way! The buyer's agent you hire very likely has loan officer referrals for you, so I recommend working on Tip #1 first.

Also Read: 7 Critical Tips for Choosing Your Lender

Also Read: 14 Questions to Ask During Your Loan Preapproval Process

3. Get to know your local market. Yes, read the real estate section of your local newspaper. Yes, read national articles about the housing market. Most importantly, work with your San Diego buyer's agent to get a clear picture of the trends and competition in your hyper-local market. San Diego County has many different market trends happening at the same time, depending on what price range, what location, etc. you are looking to buy in. You don't want to be dropping low-ball offers on every home in a market where 90% of the homes are getting multiple offers and selling over the list price, and you don't want to be writing desperate, over-priced offers in a market where homes are taking a year or longer to sell. We have actually experienced both of these trends in the last 12 months in San Diego (again depending on your price range, location, etc.).

During our Globella Buyer Strategy Session, I set aside time to share research with you based on your search criteria and the hyper-local market that fits your criteria. I discuss concepts with you such as absorption rate and "healthy markets vs. seller's markets" and help you better understand who your competition will be and what to expect during your home purchase process.

I always tell clients that buying a home in San Diego is like putting together a thousand-piece puzzle. It's a big undertaking that requires commitment and strategy. You need to start putting the pieces together, and over time it will all start to take shape. If you start with the three tips I outlined above, you will be putting yourself in the best position to complete the puzzle with the least amount of hassle possible (the goal is to find you the right home, at the right price, and in the right amount of time that works best for you)!

Also Read: San Diego Buyer's Agent for New Homes

Also Read: Interview Questions for Hiring a San Diego Buyer's Agent

Also Read: The Informed Buyer

Also Read: About Your Buyer Agent Interview/Strategy Session

Also Read: 4 Tips for Buying a Condo in San Diego 

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Justin Gramm is the founder and principal broker of Globella Buyers Realty, your San Diego Exclusive Buyer Brokerage.

Exclusive Buyer Agents do not list homes for sale and never represent sellers. They have no "inventory" to try to sell you. They can represent you in purchasing any home. They are specialists at representing buyers only on the buyers' side of the transaction. Exclusive Buyer Agents work to get buyers the best price and terms when they buy a home.

If you have excellent credit and plan to buy a home or condo in San Diego County within 90 days, contact Justin Gramm to hire an agent on your side of the transaction. More about Justin Gramm on . Call Justin at (858) 437-2662 or E-mail.

San Diego Exclusive Buyer Broker, Buyer's Agent, Real Estate | DRE License #01855249
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Justin Gramm, Broker
Globella Buyers Realty
Ph: 858.437.2662  -  Fax: 858-228-9801
4315 Corinth Street
San Diego, CA 92115
CA DRE License # 01714813
www.Globella.com

 

VIDEO: Meet Justin |  Agency 101 |  Buying a Home in 2017 |  About Globella |  3 Investing Strategies |  What is an EBA? |  The Dual Agent Trap |  Buying a Home in 2016 |  About Justin Gramm |  Hot vs. Cold Market |  Relocating to San Diego |  Top 1% of Realtors |  Accredited Agent (ABR) |  10 Best School Districts |  Negotiation Expert |  When to Buy? Part 1 |  When to Buy? Part 2 |  Second Home Expert |  Testimonials/Reviews |  Buyer Agent Interview |  Preapproval Questions |  How I Work |  How I Get Paid |  Buyer's To-Do List |  Buying a New Home |  Code of Ethics |  Who Wants to be Sold? |  Buying Short Sales |  Buying Foreclosures |  About Buyer Agency |  About the Name |  Buying a Condo |  Condo Litigation |  Privacy Policy |  San Diego Photos |  Vesting as LLC or Trust |  Checking HOA Health |  Choosing a Lender |  How to Write an Offer |  Negotiating Your Loan |  Buying with a VA Loan |  Hiring an Inspector |  WE SEARCH San Diego |  Hazard Insurance Tips |  Loan Doc Signing Tips |  Moving Checklist |  2016 San Diego Market |  Buyer Strategy Session |  The Informed Buyer |  Buyer Services |  YOU SEARCH San Diego |  Agency Disclosure |  New Construction |  Avoid Moving Twice |  What is Dual Agency? |  Buyer Resources |  Investor Services |  5 Reasons to Rent |  5 Reasons to Buy |  Contact Us |  Buyer Representation |  Property Taxes |  Help for Luxury Buyers |  Termites! |  Get a Home Warranty |  Paperwork Explained |  Home Buying FAQ |  Helpful Buyer Links |  Paperwork |  Testimonial - Samantha Z. |  Foreclosures |  My Blog |  San Diego Buyers Agent Review from Kevin C. |  Three Reasons to Buy in Encinitas San Diego |  San Diego Buyer Agent Review from Natacha S. |  Preparing a Short Sale Offer |  How A Short Sale Lender Analyzes an Offer |  Short Sale Lenders Approval Options |  Different Short Sale Lenders Act Differently |  Loss Mitigation vs. Foreclosure Departments |  Short Sale Defined |  The Ideal Short Sale Seller |  Why Do Banks Even Consider Short Sales? |  Some Listed Short Sales Are Not Closeable |  Testimonial Chuck Smith |  Testimonial Downtown Steve |  Del Mar Buyers Agent |  92101 Buyers Agent |  Review from Melanie & Michael |  Review from Erica M. |  Review from Daniel E. |  Review from Steve and Chi |  Review from Michael I. |  Review from John and Wendy |  Review from Allison H. |  Review from Frank S. |  Your Ivy at Carmel Valley Exclusive Buyer's Agent |  Your Sea Cliff Exclusive Buyers Agent |  Your Avery Pointe at Veridian Exclusive Buyer's Agent |  Your Lanai in Carlsbad Exclusive Buyer's Agent |  Your Pacific Gate San Diego Exclusive Buyers Agent |  Your SummerHouse Carlsbad Exclusive Buyers Agent |  Your-Park-at-Bankers-Hill-Exclusive-Buyers-Agent |  Your Aura Exclusive Buyers Agent |  San Diego Buyer Agent Review from Mary R. |  Is Fall a Good Time to Buy a New Home? |  Your Elms at Carmel Valley Exclusive Buyers Agent |  San Diego Buyer Agent Review from Dan B. |  Your Estates at Del Sur Exclusive Buyers Agent |  Your Canterra Exclusive Buyers Agent |  San Diego Buyer Agent Review from Ken and Cindy |  Three-Reasons-to-Buy-in-Hillcrest-San-Diego |  Three Reasons to Live in Normal Heights, San Diego |  San Diego Buyer Agent Review from Renaud P. |  Three Reasons to Buy in Bankers Hill San Diego |  Your Elms at Carmel Valley Exclusive Buyers Agent |  Your Estancia at Cielo Exclusive Buyers Agent |  Three Reasons to Buy a Home in La Mesa |  Your Upper Cielo Exclusive Buyers Agent |  Your Harmony Grove Exclusive Buyer Agent |  Your-Cottages-at-St-Cloud-Exclusive-Buyers-Agent |  Dog-Friendly Buildings in San Diego |  Three Reasons to Live in Kensington, San Diego |  8 Home Maintenance Tips for Spring |  Federal Interest Rate Hike and San Diego Homebuyers |  Contractor List |  Review from Stewart H. |  Review from Roland M. |  Review from Duane and Nancy |  Review from Natacha S. |  Review from Shandi and Michael |  Your Savina Exclusive Buyers Agent | 

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Globella's Real Estate Blog "For San Diego Home Buyers":

Real Estate Blog for San Diego Home Buyers | Solana Beach Real Estate Buyers Agent - 92075 | San Diego Real Estate Market Statistics and Trends 2nd Quarter 2011 | Cardiff Real Estate Buyers Agent - 92007 | Encinitas Real Estate Buyers Agent - 92024 | Coronado Island Real Estate Buyers Agent - 92118 | Point Loma Real Estate Buyers Agent - 92106 | Talmadge Real Estate Buyers Agent - 92115 | Clairemont Real Estate Buyers Agent - 92117 | Poway Real Estate Buyers Agent - 92064 | Carlsbad Real Estate Buyers Agent | Talmadge Real Estate Buyers Agent - 92115 | Clairemont Real Estate Buyers Agent - 92117 | Poway Real Estate Buyers Agent - 92064 | Carlsbad Real Estate Buyers Agent