Buying a Condo in San Diego - Tips and Resources for San Diego Homebuyers

If you are planning on buying a condo in San Diego, there are several things you should consider. I often tell my clients that buying a condo in San Diego is like putting together a thousand-piece puzzle. There are so many things to do, so much to learn, and the order that you choose to do everything in will make a great difference. One of the most important things to do is just start the process (take action), and here are my tips and suggestions for buying a condo in San Diego:

Tip #1: First things first. It's generally best to start with hiring your buyer's agent, getting pre-approved for your loan (or liquidating your assets if you're paying cash), and beginning to do your preliminary research on areas, price ranges, etc., etc. (in that order). These are the most important steps (the first few pieces of the puzzle). These steps are so important, in fact, that I've devoted a separate article about this process at the following link: 3 Tips for Buying a Home or Condo in San Diego in 2015.

Tip #2: Understand that if you're buying a condo in San Diego, learning about the health of the HOA (home owner's association) will be as or more important to you than conducting your professional property inspection. The reason this is so important is that an HOA in San Diego has the legal authority to send you and the other homeowners a special assessment if the HOA doesn't have enough money to pay its bills. Do you want to be surprised by a $5,000 or $10,000 bill in the mail after you buy your condo? Do your research and learn about all the documents and information you can review before buying a condo. Read this article: How to Check the Health of an HOA. Also read this article:What is a Special Assessment and Can You Afford to Pay For One?

Tip #3: Learn about how litigation (by or against an HOA) can affect you both as a homebuyer and as a homeowner. Many San Diego homeowner associations have been or will be involved in lawsuits of all different types. This can affect your ability to buy a condo, the soundness of your investment, your bank account (if there ends up being a special assessment as a result of the litigation), etc. Read this article: Buying a Condo with Litigation in San Diego

Tip #4: Before you start looking at condos, hire an exclusive buyer agent (a buyer's agent who eliminates the possibility of the conflict of interest known as dual agency). Your first hint about the difference between an exclusive buyer agent and a normal buyer's agent is the information you are reading here on my website. Many of my clients tell me that they've worked with other agents in the past who never bring up these sorts of topics with them. The whole point of working with a buyer's agent when you buy your San Diego condo is having someone on your side of the transaction. Do you want someone who is trying to sell you a condo, or someone who is truly helping you through the process of buying a condo every step of the way? The best way to reach me is to call or email me and set up a time for us to meet for a no-obligation interview. My contact info is listed below.

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

Exclusive Buyer Agents do not list homes or condos for sale and never represent sellers. They have no "inventory" to try to sell you. They can represent you in purchasing any home or condo. 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 or condo.

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.


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