Getting ready to purchase a home takes some discipline and research, here are some things you can do to improve your chances of being successful in being real estate:
Check your credit score: Your credit score will impact your ability to get a mortgage and the interest rate you’ll qualify for. Check your credit report from each of the three major credit bureaus and make sure there are no errors. If your credit score needs improvement, take steps to improve it before applying for a mortgage.
Determine your budget: Use a mortgage calculator to estimate how much house you can afford based on your income, expenses, and debt. Keep in mind that in California, home prices can be higher than the national average, so you may need to adjust your expectations accordingly.
Get pre-approved for a mortgage: This will give you an idea of how much you can borrow and what your interest rate will be. To get pre-approved, you’ll need to provide documentation such as income verification, employment history, and credit score.
Hire a real estate agent: A local agent can help you navigate the California housing market, find properties that meet your needs and budget, and negotiate with sellers on your behalf.