Thinking about buying ? Rents have increased 36% since 2000 in San Diego County!
Median rents have increase in the last few years and with the current market, will keep raising. If your on the fence on buying a home instead of renting, always keep in mine the costs of owning a home. You have your down payment and closing costs first when buying a home. Always factor in your taxes , insurance and HOA Fee (if applicable). This will give you your total monthly payment. Prior to writing an offer consult with a Mortgage Broker or Banker to see the amount of home loan your qualify for, most or all realtors will ask for a pre- approval letter from your lender.
Terry Jamnik is a San Diego Real Estate Expert you may reach him at 858-254-4646 with any questions about the home buying process.