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 selling real estate since 1998 and specializes in listing and marketing homes. She has consistently been one of the top Realtors in the Long Beach area. Prior to her award-winning career in real estate with the Shannon jones Team, Shannon has had successful careers in journalism and public relations. She holds a bachelors degree from UC Irvine and a masters degree from UC Berkeley. Shannon holds E-Pro, CDPE (Certified Distressed Property Expert), and PSC (Pre-Foreclosure Specialist) certifications. Shannon is very personable and maintains a very strong moral compass, always putting the best interest of home buyers/sellers above monetary goals. A California native, Shannon enjoys gardening, travel, reading, cooking and poker when she’s not selling homes MY DESIGNATIONS Lic# 01247705 | CDPE (Certified Distressed Property Expert) | E-Pro | PSC (Pre-Foreclosure Specialist) MY SERVICE AREAS Anaheim Bellflower Buena Park Carson Cerritos Cypress Downey Fountain Valley Garden Grove Huntington Beach La Palma Lakewood Long Beach Los Alamitos Los Angeles County Norwalk Orange County Rossmoor San Pedro Seal Beach Signal Hill South Bay Westminster