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Introduction
Welcome to OCCoastRealty.com! Your premier Orange County Real Estate Information Resource. Whether you're a first time home buyer or a seasoned investor, you can count on OCCoastRealty.com to have the most current information. OCCoastRealty.com will help you to make educated decisions.
Buying A Home
Buying a home will be one of the largest investments you will make. It is a dream we all have. There are just two important steps toward your home ownership.
Selling A Home
Selling your home is just as straightforward as buying a home. Once again, it's only a question of understanding the sales process and obtaining the assistance of a professional Realtor© to help you market your property at the best value within a reasonable time frame.
Financing A Home
Our depth of knowledge provides you the best insight into choosing the best financing options available in the market today. Whether it is getting your first home loan or refinancing your existing loan, we will work to make the process as smooth as possible.
Relocating
Relocating? Leaving our area? Or just coming in? We would be honored to help you through the entire process. Let us put OUR experience to work for you!
Foreclosures
Foreclosure is the process in which the lender recovers the amount owed on a defaulted loan by selling or taking ownership of the property securing the loan. OCCoastRealty.com has all the lastest foreclosure and bank-owned properties in Southern California.
Find A Realtor
We maintain a strong continuing education program for our associates. We believe that as the level of sophistication of the buying and selling public increases, the level of service, education and quality of service of our Agents must likewise improve.
About Us
Today's real estate market is changing. Whether your buying, selling or just want to keep up with the latest trends, OCCoastRealty.com will provide you with the most accurate and up to date information.
Contact Us
OCCoastRealty.com is located at 668 Coast Highway, Laguna Beach, CA 92651. Or call 949.302.7757.
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Home Buying Mistakes
Buying a house is the largest investment most people ever make; yet all too often it's a decision made in haste without adequate preparation
1. Doing it alone. Buying a house is a complex transaction. Even if you don’t use an agent, you’ll need a complete, dependable team: lender, lawyer, inspector, insurer, as well as referrals and advice from friends and family. Enlist the help of these individuals early in the buying process.
2. Buying at first sight. You may be in love with the house, but does it fit your family’s needs and budget? Compile are list of your needs and wants and make sure the house fits your requirements. Do your homework on the neighborhood and the community before you buy. Visit at different times of the day and week to learn about noise and traffic patterns. If you don’t have kids, check out the local schools to make sure your resale value will be good.
3. Not getting pre-qualified and pre-approved. Being pre-qualified gives you a general idea of how much you can afford. Pre-approved means a lender has verified your information and credit rating and agreed to provide you with a specific amount of money. You will be in a better position to go house hunting knowing exactly how much you can afford.
4. Overbuying. You may qualify to borrow more, but can you afford to? Analyze your monthly costs: debt, food, transportation, entertainment, and savings. As a general rule, your total monthly debts, including your mortgage, should not exceed 36 percent of your income before taxes. Be sure to budget enough to cover closing costs (often two to five percent of the home’s purchase price), plus moving, redecorating and maintenance. Allow for increases in ongoing expenses such as utilities and taxes.
5. Misplacing your trust. No matter how much you like the agent, sellers, inspector, or the guy down the block who vouches for them, remember this is a business transaction. Your decision is binding. Do your own research and know your support team’s roles and responsibilities.
6. Relying on oral agreements. Get it right and get it in writing. Written agreements almost always trump oral ones when it comes to contracts. If the offer says the lawnmower is negotiable, but the agent says it’s included, get it in writing.
7. Skipping the fine print. You need to understand what you’re signing before you pick up a pen. Ask for documents in advance, make time to read them and ask questions. Get copies of your mortgage papers a few days ahead of closing.
8. Forgetting or betting on resale. Avoid buying a home that costs 50 percent more than neighboring homes and think before buying the most expensive home on the block. Your neighbors’ lower home values will weaken yours. Remember, markets change. If you buy intending to flip your investment and the market falls and you have to sell, your selling price may not be enough to even cover your mortgage.
9. Having buyer’s remorse. No place is perfect. There will always be surprises. Don’t let a few initial blips spoil the whole ride. And don’t miss a great house waiting for the perfect one!
OC Coast Realty - Offering Orange County Real Estate and Orange County Homes For Sale. Please use our MLS Home Search to find any Orange County Commercial real estate listing, Orange County Investment property, Luxury Orange County Home, Orange County foreclosure or Orange County Townhome.
Feel free to contact us with any questions! |
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Call Now: 949.302.7757
