Clients ask me all the time... "When is the right time for me to buy a home"?
Here's my answer:
It's never the "right" time to buy a home for sale in La Mesa. Market conditions can't dictate someone's need to buy or even sell a La Mesa home.
When you as a buyer feel it is YOUR time to buy a home, find out what your finances look like and if taking on a mortgage payment works for you. A professional La Mesa Realtor can point you in the right direction and refer a Lender.
Now.... the reason people ask this question is because they don't know if they should be doing something to prepare themselves to buy a home. That is a different story.
1. Look at your bank account. Do you have the 3.5%, 5.5% or 10% down payment without emptying your account?
2. What are your monthly expenses and decide if you can spend more with your current job salary.
3. Take that information and talk to your lender and LEARN what it will take to get to your goal of La Mesa home ownership.
After you talk to your lender, you will see that it actually makes financial sense to own a home than it is to rent. At the end of the year, you will be on top.
Homes for sale in La Mesa are currently running at a median sales price of about $450,000. That is a financial commitment but if you have read my article on the #1 Reason La Mesa Home Values Are Going to Increase you would know that an investment in La Mesa homes is a smart one. That's what buying a home is people... It's an investment in you and your family. Not just a roof over your head. Treat the process as such.
And.... use the expertise of your local La Mesa Realtor to guide you.
