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Wednesday, 22 January 2020
Agent Resource Center
Agent Resource Center

10 Tips to buy House in San Jose

Written by Posted On Monday, 13 January 2020 04:27

Joe Pesci mansion

Buying houses in San Jose is not easy now, and therefore we recommend that those who buy housing in San Jose should follow these tips and you may also take help from San Jose Real Estate Agents.

1. No need to speculate

Remember that the real estate market in San Jose is unstable, and at the moment it is best to buy real estate that you plan to own at least five years. The real estate market in San Jose is not suitable for quick speculation.

2. Pay taxes

Remember that on top of the price indicated by the seller, you will have to pay tax, which varies from 4 to 7% depending on the type of property. Also, additional administrative and legal costs will amount to 1-3% of the total transaction amount.

3. Make sure you like the area

Location is crucial. Choose a good area that suits your lifestyle and budget. Prices vary significantly from district to district.

4. San Jose Real estate agents Service.

Real estate agents usually charge a fee for their services from the seller which is 6% (average percentage) of the total amount. In most cases, you will not pay a commission, but this can happen.

5. You will have the opportunity to rent your home

If you have a modern and furnished home in the center of the city, it will be very easy for you to rent it for a few days or a couple of weeks for tourists and decent money. This will be especially useful for those people who are not going to move to San Jose permanently or for those who travel often. So, you should buy a house at such a place, where you will be able to attract these paying guests. There are many opportunities in the market at the moment, which are ideal for those who want to make money on it. Rental prices are rising significantly faster than housing prices.

6. Haggling is good

Feel free to bargain. Almost everyone can negotiate a price reduction, especially if the current owner is eager to get rid of the home.

7. Schools for Kids

If you have children and you plan to send them to school, then you should find a house near to educations centers.

8. Think about a mortgage

San Jose Banks are still eager to offer mortgages and charge relatively low-interest rates.

9. Get good advice.

Get quality help from professionals, including not only direct sellers of real estate.

10. Hire a Real Estate Agent

Buying a property will probably be one of the largest deals in your life, and therefore it is not surprising that you may have questions. So, you can get services from San Jose Real Estate Agents as well.

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