( Student Loans Tips )

Shopping for a Menifee or Murrieta home in a buyer’s market can be the ideal time to find the family homes of your dreams.  There is plenty of competition for homebuyers and the choice of houses is significant.  With such a big selection of houses, the first and largest step is to not look at specific homes until you have thoroughly investigate the location issue.  As they say, the three most important considerations in real estate are: location, location, location. In a buyer’s marketplace that is overwhelmingly important to keep in mind. So you need to make sure you start your Temecula Valley home search in the right way or you are going to get distracted.
 
The logic for this is very obvious. In today’s market your house choices in Temecula, Murrieta, Menifee, Wildomar and the surrounding cities can be pretty much unlimited.  There are literally hundreds of homes vying and you can’t concentrate on just the homes.  If you do that, you will get lost in the details and not have the helicopter view necessary. You need to step back and narrow things by looking at different communities, commutes, schools, and quality of living first.  If you went into a donut shop and saw thousands of pastries to choose from, it would be very hard to decide.  But if you reduced it down to a specific donut variety, then you already have a major focus and now can sample each one available until you find the best one.

For instance, some recent clients examined Temecula Homes in communities of Harveston, Paseo Del Sol, RedHawk, Paloma Del Sol, and Vintage Hills.  They also visited the Murrieta CA communities of Bear Creek, West Murrieta, Montserrat, and Greer Ranch. They then explored school quality, real estate tax rate, community facilities and commute. These were the main factors and in that order. 

Unlike many places in Southern California, listings in the Temecula Valley tend to be brand new and are very similar since the building rush during 2000 to 2006. The same home builders that built homes in south Temecula also built homes in east and north Murrieta or Menifee.  The large differential is quality of community.

My clients examined all these areas and decided that Morgan Hill in south Temecula was the best fit.  It had high ranked schools in walking distance, neighborhood parks and facilities, low tax rates of 1.25%, and the drive was acceptable. Once that was decided we worked at narrowing down to the houses that best fit their plans. 

In all, there were over twenty lisitngs to compete against each other. My clients and I started looking and eventually cut that list down to 3-4 houses of the identical model match of home.  We then were able to negotiate the deal and contrast the listings directly against each other.  The final result was my clients got a great bargain on a house because they purchased the right way in a buyer’s market.

The critical aspect here is to make sure you are examing the Temecula real estate market correctly to leverage your plans and shopping the market the right way. Don’t purchase just the best home, buy the best family home in the best location for your goals.  Making the intelligent purchase will offer your family a much greater enjoyment of your home and new community and it will protect your investment as well.  I always say to my clients that they ARE the real estate market of today and tomorrow.  What they highly appreciate will also be appreciated to others and thus their excellent choice will appreciate more in up markets and maintain its long term valuation during a tough market.

Tags: home buying, home buying tips, real estate, temecula homes, temecula real estate