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Buying A Home In Campbell California

You should always be ready to buy a home when you visit the agent. If you are truly ready, you will be given a better deal, because agents will often have to deal with people who are just "looking," and are not commited to making a purchase. Once the agent knows what type of home you want, they will begin driving you around to show you the different homes that are available.

The agent will not want to drive you around until after they've interviewed you. As the buyer, you will want to make sure the agent is experienced. When you deal with agents in California, they should put you in the loan qualification process as soon as possible. By getting approved for a loan, you will be placed in a powerful position where you can negotiate. Once you have found the home you want, you will want to make an offer to the agent. In California, the offer should always be made in writing. The paper that it should be written on is named the Deposit Receipt.

You will want to place all the information about your offer on the Deposit Receipt. The agent will help by providing you a list of homes that are much like the one you're interested in. When an offer is made, it is also customary to write a check which is about 3% of the offer that you are making for the home.

KEY INDICATORS IN A HOUSING MARKET

  • Interest Rates When interest rates rise, buyers shy away. Conversely, lowered interest rates attract more buyers. Interest rates in California are on an upswing.
  • Home Sales This key indicator refers to the total number of homes sold. In the law of supply and demand, when there are fewbuyers, real estate prices fall.One factor to consider is the growing inventory of available houses in Campbell.What was once a sellers market is slowly turning into a buyers market.
  • Loan Defaults This refers to the failure of homeowners to pay their monthly mortgage fees. One downside to this is that homeowners are choosing to have a bad credit report, rather than to keep paying fees for a home whose value has been inflated by as much as twenty percent or more.
  • Foreclosure Sales Figures When foreclosure sales are on an upswing, consumer spending is down and consumer debt levels have risen. In the real estate market, this has meant that many financially strapped homeowners are selling their homes at lower prices.

The other contributable factors are inflation, the rising prices of gasoline, federal budget deficit, and interest rates.

Concurrently, these key indicators confirm that the demand for houses remains strong and steady. Always do your due diligence before undertaking a purchase of property in California.

Type CAMPBELL into the box to get started.

 

Downtown Campbell is vibrant and bustling.  It is a popular shopping and entertainment district that features many historical landmarks.  The area is home to over one hundred shops, services, and delectable restaurants.

The town of Campbell is centered on what once was prune yards in the early 1900's.  All year around, there is always something to do and something going on, in Downtown Campbell, California. From the Boogie on the Bayou festival to the Wine Walks, Campbell is alive and flourishing.

 Many of the South Bay's favorite festivities and activities take place in the small town within the big Bay Area better known as Silicon Valley.  First Fridays, the Campbell Summer Concert Series, Sundown Cinema, the Oktoberfest, the Carol of Lights Christmas Tree lighting and more, make Campbell a coveted and desirable place to live and create a life unsurpassed by many.

Before you choose to get a loan or a realtor, you will first want to have an idea of the right home in the best possible neighborhood. You will want to consult an agent to find out what type of home is best for your income level. The agent will want to know what home you're interested in.



The people of Campbell are friendly and fun! Campbell is a close knit community and is known for it's warm and welcoming west coast lifestyle!
Tom Merigan
Realtor/Keller Williams Cupertino
20230 Stevens Creek Blvd. Ste. E,
Cupertino CA 95014
Phone (408) 559-1069
Fax (408) 850-6901
Email tmerigan@yahoo.com
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