What to Include in a California Luxury Homebuying Plan

by Teresa Badger 12/31/2018

For those who want to purchase a luxury residence in Malibu, Los Angeles or any other California city or town, planning ahead is crucial. If a buyer has a plan in place, this individual may be able to quickly and effortlessly navigate the Golden State luxury homebuying journey.

Ultimately, there are several items for buyers to include in a California luxury property buying strategy. These are:

1. Preferred Cities and Towns

Regardless of whether you want to purchase a luxury home that overlooks the Golden Gate Bridge or a deluxe residence just minutes from Disneyland, it generally is a good idea to consider where you want to live in California. By doing so, you can narrow your Golden State luxury home search and accelerate the process of going from homebuyer to homeowner.

Typically, it helps to put together a list of your preferred cities and towns before you launch a California luxury home search. By including this list in your luxury homebuying strategy, you can hone your property search accordingly.

2. Homebuying Budget

The prices of luxury homes in California vary. For example, a luxury home in San Jose may be priced lower than a luxury house in Beverly Hills. But if you establish a property buying budget, you will know exactly how much you can spend to make your Golden State luxury homebuying dream come true.

It usually is beneficial to get pre-approved for a jumbo mortgage prior to starting a California luxury home search. If you enter the Golden State luxury real estate market with a jumbo mortgage at your disposal, you can narrow your property search to houses that fall within your price range.

3. Home Must-Haves and Wants

Think about what you must-have and want from a California luxury house – you'll be glad you did. If you incorporate Golden State luxury home must-haves and wants into your property buying strategy, you could seamlessly navigate the real estate market and discover your ideal residence in no time at all.

Differentiating California luxury home must-haves from wants often can be easy. For instance, if you must own a luxury home near a Santa Monica beach, you can tailor your property search to achieve your desired result. Or, if you want a luxury home with an amazing garden but can live without this feature if necessary, you can include a garden as a want in your property buying strategy.

Lastly, as you get ready to search for your ideal California luxury residence, you may want to hire a real estate agent. This housing market professional can help you explore luxury residences in your preferred California cities or towns. Plus, a real estate agent will provide luxury homebuying recommendations and suggestions and ensure you can avoid any potential problems during the property buying journey.

Don't leave anything to chance as you prepare to pursue a California luxury house. Instead, reach out to a real estate agent today, and you can get the help you need to find and purchase a wonderful Golden State luxury residence.

About the Author
Author

Teresa Badger

Hi, I'm Teresa Badger and I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.