If you are interested in buying property in San Diego, there are five things you need to know before you start house hunting. Too many first time property buyers miss out on some great deals and bargains simply because they do not know these insider secrets.

1. Work With A Local

One of the worst mistakes a home buyer can make is trying to be their own real estate agent. Some home buyers mistakenly believe that they can find a house on their own. Many San Diego houses sell before they even have a chance to be advertised. This is especially true in popular neighborhoods. A local real estate agent will be able to show you properties that have just gone on the market. This will give you a chance to purchase a very desirable house.

2. Know The Neighborhoods

Familiarize yourself with different San Diego neighborhoods before you buy a house. Ideally, you want to find homes for sale in an up and coming neighborhood. That way, if you ever need to sell your home, you will be able to get a good return on your investment as many people will be eager to purchase a residence located in your area.

3. Consider Foreclosure Properties

Consider purchasing San Diego foreclosures. These can sell for a fraction of what they would sell for on the traditional real estate market. Unfortunately, San Diego short sale properties are often ineligible for traditional home loans. Talk with your mortgage broker about your options.

4. Condos Can Be A Great Option

San Diego condos are a great option for busy individuals who do not have time to do yard work. Although there are maintenance fees associated with condos, your real estate agent will be able to help you find condos with a reasonable fee schedule. Additionally, if you were planning on paying someone to do your yard work anyway, the fees might be a comparable cost.

5. Give Yourself Plenty Of Time

A weekend or even a month of weekends is simply not enough time for you to find the ideal San Diego home. Try to give yourself as much time as possible to find your dream home.

Tags: , , , ,

This is filed under Home Buying.

     Twitter It!