New in San Diego

[Supreet Singh Sachdeva]

I just moved to San Diego a couple of months ago and am looking to buy a house for rental property. I am a first time home buyer and there are a couple of questions i have. It would be great if someone who is experienced in San Diego market can help me out. Here is the list of questions.

1) Which bank would be best to approach for a first time home buyer mortgage?

2) Should i talk to a real estate agent or directly talk to buyers who have listed their houses on websites like Redfin?

3) Would it be possible to buy a rental property in San Diego within $200k ?

Thanks,

Supreet

[Tim G.]

Howdy! 

I recently wrote a blog post that covered some of the great ways to get started here in San Diego, it might be helpful Southern California - Getting Started

One thing you'll notice with most homes listed for sale by owner. They are being sold by cheap people, how do I know that? They are trying to avoid paying realtors fees. Now, you can find deals, but there is another universal trait with these folks. They are WAY off on the value of their property... always. So you have a group of not so motivated aiming for top dollar sellers, they aren't fun to deal with. 

Try both, agents and for sale by owners. A good agent is helpful for finding deals.