Aug
10

Do You Have a Plan for Buying Your Next Home? Part 5

By John Davis

This is the last in the series focusing on excerpts from my Home Buyers Guide that will help you if you need a Long Beach, CA mortgage or are searching for Huntington Beach and Newport Beach CA homes for sale.  I’ve heard from clients that taking these extra steps is just too much work.

The first point down below breaks down what your potential savings could be, factored against the extra time it took you to achieve that savings, and puts it in terms of an hourly wage rate.  The point is that it is worth the time to do whatever you can to save the most amount of money on your real estate purchases because of the compounding effects.  A dollar saved today could save you several dollars down the road.

The second point helps you if you have to sell your current home first.   You really should read the entire report though.  Click here for the full report.

Here are the last two points from the guide:

  1. You get what you NegotiateIf all of this seems like a lot of work, bear in mind that we are talking about the amount of money you will be spending for what may well be the biggest financial investment you’ll make in your life. If you spent a total of 40 hours doing your homework (including meeting with me for a personalized Strategy Session), being patient, and as a result saved $20,000 off the “listing price” of the home you’d bought, you’d have made $500 per hour for the time you spent – not bad!
  2. What to do if you have a home to sell – If you already own a home and haven’t sold it yet, you will want to approach the sale of your home and the purchase of your new home as an integrated strategy.  The price you get for your home, the price you pay for your new home — and the timing of all of that – are all interrelated.  With regard to the sale of your existing home, it is critical that it be priced right for the market.

I just can’t stress enough that you need a full strategy BEFORE you start your Huntington Beach or Newport Beach CA home search.  At least you should do if you want to find the right home in the best neighborhood, with the best terms and lowest price.  Give me a call and schedule a Complimentary Strategy Session with me.  I’ll help you develop your plan.

As you know, I work exclusively on referrals.  The best part of that is that the money I save in advertising can be filtered back to my clients in the form of lower fees.  So if you or someone you know is looking for Long Beach CA mortgage and need help putting together a plan, then give me a call or shoot me an email.

Thank you!

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