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Compare and Research when Buying a Home

ADDED ON March 28, 2018 0 COMMENTS

compare and research when buying a homeWe say that when you are buying a La Canada home, you should spend the proportionate amount of time that you would spend, say, buying a car.   Most people buying a car do a lot of research, take test drives of many different makes and models, study ads, performance ratings, investigate repair history, etc.  Well, a home is no different!  Did you know?  You should compare and research when buying a home.

Each home and neighborhood has it’s own ‘value factors’ and they vary based on the person who is valuing them.   Different factors such as location, amenities, lot size, and age of the house can mean something different to different people.   When you are looking for a home, we suggest you have a method to compare homes.  It can be a chart, or simply a piece of paper.  The visual representation of amenities can help you do comparison shopping, and give you a clearer picture of your choices.

Also, comparing factors in the lending process – your mortgage – is also another area to investigate when you are buying a house.  Different lenders have different programs, and different buyers have different philosophies about their loan.  Some prefer a fixed rate loan, some opt for a variable rate loan.  And remember – there’s money involved with your loan choice.   This is where comparison shopping can help save you money.    Ask your lender for the rates and terms on the different loan programs.  And also ask what happens if you “lock in” your loan.  Will they lower the rate if it goes down during your home buying process?  Is there a fee for the “lock in” or for the lowering of the loan rate?  Remember that you can use the “APR” (annual percentage rate) as a clearer representation of the cost of the loan because the APR includes fees (such as points and other fees).

When buying a car, you research the Kelly Blue Book, ask friends, take test drives, read reviews, look at the ads … taking a lot of time and energy to carefully spend your money.  We say you should devote the same proportionate amount of time on what is probably the single biggest investment in your lifetime … your new home!  That’s right – do your “home work” and compare and research when buying a home.

Let’s find you a La Canada home!  Look at these latest listings in La Canada Flintridge:

  1. 9 beds, 8 baths
    Home size: 9,452 sq ft
    Lot size: 4.17 ac
    Year built: 1980
    Days on market: 3
  2. 3 beds, 2 baths
    Home size: 2,112 sq ft
    Lot size: 15,425 sqft
    Year built: 1960
    Days on market: 5
  3. 3 beds, 2 baths
    Home size: 1,727 sq ft
    Lot size: 20,462 sqft
    Year built: 1958
    Days on market: 5
  4. 4 beds, 4 baths
    Home size: 2,711 sq ft
    Lot size: 15,416 sqft
    Year built: 1966
    Days on market: 6
  5. 4 beds, 4 baths
    Home size: 3,861 sq ft
    Lot size: 1.09 ac
    Year built: 1960
    Days on market: 7
  6. 3 beds, 2 baths
    Home size: 1,863 sq ft
    Lot size: 12,398 sqft
    Year built: 1956
    Days on market: 7
  7. 3 beds, 4 baths
    Home size: 2,919 sq ft
    Lot size: 29,767 sqft
    Year built: 1957
    Days on market: 8
  8. 3 beds, 2 baths
    Home size: 1,890 sq ft
    Lot size: 9,866 sqft
    Year built: 1963
    Days on market: 11
  9. 5 beds, 6 baths
    Home size: 5,088 sq ft
    Lot size: 24,099 sqft
    Year built: 1926
    Days on market: 11
  10. 5 beds, 5 baths
    Home size: 5,280 sq ft
    Lot size: 16,489 sqft
    Year built: 2007
    Days on market: 11

See all Real estate in the city of La Canada Flintridge.
(all data current as of 7/19/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 


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