FIRST TIME HOME BUYERS GUIDE

Step 1:
Prioritize Your Needs

Location, Location, Location! Find the Right One for You

In real estate, location is kind of a big deal—for you and for your wallet. For you, the right location can ensure you don’t spend more time than you’d like gridlocked in LA’s somewhat notorious traffic. And for your wallet, well, a good neighborhood is likely going to mean a higher payout when you finally sell your home. So, here’s how to find the right spot.

Step 1: Think about what you need

How far do you want to be from work? The grocery store? Great hiking? Horseback riding? Think about the places you visit most frequently, as well as how you’d like to get there—car, foot, bike, bus, etc.

woman thinking about needs

Step 2: Do your research

Now that you know where you’re going and how you’re getting there, you’ll probably want to do a little research into LA’s various areas and neighborhoods to see which might be best suited for you. Keep in mind, some might have better access to public transportation, while others might be located on bike paths or within walking distance to shopping and dining.

Neighborhood

Step 3: Ask your agent

When in doubt, ask your trusty agent! He or she will know better than anyone where to find a spot that’s got everything you need. Because real estate agents spend most of the day getting to know various neighborhoods—the good and the bad—you might say we know the city like no other.

female professional having conversation with client

Here We Go: The Home of Your Dreams!

All right, you’ve done all the prep work and now it’s time to actually start searching for the home of your dreams. But before you start rushing out to ogle gourmet kitchens, it’s important to take some time to really sort out your needs from your wants from your would-be-nice-es.

Then, once you’ve got that sorted out, you can try some online searches based on your budget, needs, and maybe some wants, too!

Needs

These are the absolute bottom-of-the-line dealbreakers. Think big-ticket, hard-to-change items, like size, number of bedrooms, location, and price. If a home is missing one of your NEEDS, it’s not the home for you—so don’t burn yourself out by scheduling a showing.

Nice Kitchen

Wants

These are the things that are important… but maybe not essential, like that luxurious master bedroom suite. They may also be things that are easier to add or update—like solid-surface counters, new appliances, or energy-efficient features.

nice mudroom

Would-Be-Nice-es

These are those “dream home” features nobody really needs and definitely aren’t essential… but are an added bonus, or maybe even a tie-breaker, if you’re torn between two homes.

very nice upgraded bathroom
woman thinking about next step Go to Step 3