CA DRE #00851293
Colleen Fitzpatrick , CA DRE #00851293Phone: (415) 602-0553
Email: [email protected]

Finding a home: A basic guide to purchasing a home

by Colleen Fitzpatrick 01/23/2023

Images of houses and a telescope

Finding a home can be thrilling yet stressful. A house is one of the most significant purchases you’re likely to make, so it’s important to do everything you can to ensure a successful search. You can find the dream home accommodating all the needs of you and your household. 

If you’re interested in tips on the house hunting process, here’s some info to help:

Old vs new house construction

When house hunting, you may be considering whether a new construction or an older home would be the best fit. Typically, newer construction homes are higher in price.  However, you may save money later down the road on upkeep and repairs. 

You may be considering purchasing an older home. You may find older models of homes have some unique exterior features not seen in newer homes. For example, an older home may have unique light fixtures you find to be desirable. However, the older the materials used in the home, the more likely they will need to be replaced sooner after purchasing. 

Be realistic when searching for a home

Thoroughly examine your budget when searching for a home. It’s best not to use all of your funds towards a large down payment to show lenders you have some financial wiggle room. What things are negotiable and what things do you stand firm on?

Be prepared to offer at the current asking price or more if you want to stand above the competition during a seller’s market. If you’re purchasing a home in a buyer's market, you’ll have more flexibility when putting an offer down on a property.  

Narrowing your search

The housing market moves fast. It’s good to make a list of the characteristics you seek in a home. Consider important factors like location and size of your property. Creating a budget can help in narrowing down the type of home you can afford. 

If you are in a seller's market, you may find houses quickly move off the market. Hiring an experienced real estate agent can help you pick out the best options in a timely manner. 

Red white and purple infographic

When searching for a new home, it’s important to stay level-headed. It’s best to not rush into the homebuying process. A local real estate agent can help you explore your options to find the best home fitting your needs. 

About the Author

Colleen Fitzpatrick

Having the distinction of representing many of Marin and San Francisco’s most luxurious homes, Colleen Fitzpatrick brings a wealth of expertise and experience to her clients. Her finesse in handling high-end transactions has been finely tuned with the highest level of integrity and diplomacy. Associating with Golden Gate Sotheby’s International Realty has further broadened her sphere to include a network of highly skilled associates all over the world.

Throughout her career, Colleen has partnered in the construction of over 25 homes, 4 for her own family, and participated in numerous land subdivision projects, so her clients benefit from her broadened perspective. In her free time, travel, especially to India, has become her passion.

Colleen’s commitment to her client’s success, adhering to the highest level of professionalism, and holding her support team to this same standard is assured. She is highly aware of the discretion and privacy necessary for her clientele. Working with Colleen, sellers, and buyers can be confident they have made an excellent choice in their selection of an agent.

Designations: Broker, CA DRE #00851293