Buying a Home When it Seems Out of Reach

buying a home

Buying a home in today’s seller’s market can feel overwhelming. Brad Jones from the Shannon Jones Team at Keller Williams brings practical tips to make this journey less daunting. Here’s how you can approach home buying smartly.

Assess Your Budget

Start by thoroughly assessing your budget. It’s crucial to know what you can realistically afford. Connect with a lender who can help you understand your financial standing.

Be Open to Different Options

Your first purchase might not be your dream home, and that’s okay. Consider buying a condo or a duplex. A duplex can be a great investment, as renting one unit can help pay your mortgage. This is a smart way to start building equity.

Expand Your Neighborhood Search

Once you have a budget, talk to a real estate agent. They can introduce you to neighborhoods you might not have considered. Sometimes, the right community is just outside your preferred area.

Evaluate Your Wish List

Take another look at your list of must-haves. Some items on your wish list could be moved to the nice-to-have category. Being flexible can open up more options that are within your reach.

Remember, most people don’t buy their dream home on their first try. It’s about getting your foot in the door and starting your home ownership journey. If you need more information about the home-buying process, feel free to reach out to us.  Give us a call at 562.896.2456 or fill out the contact form below.

 

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About the Author
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Shannon Jones has been providing real estate expertise for buyers and sellers in Long Beach and surrounding areas since 1998. She's no longer personally opening doors, yet she continues to provide guidance, connecting clients with experts and resources developed over decades. A California native, Shannon enjoys gardening, travel, reading, and cooking. Service areas: Long Beach and adjacent communities in Los Angeles County and Orange County.