Quick Guide for Move Up Buyers in Chico, CA

If you’re one of the aspiring move up buyers in Chico, CA, and you’re looking for a bigger and better home that suits your needs, then you’ve come to the right place.

Here’s a walk-through process of buying move-up homes with confidence.

5 Tips for Move Up Buyers in Chico, CA

Become one of the successful move-up homebuyers in Chico, California, by taking heed of these tips:

1) Decide how much you can afford for the new house.

Move-up home buyers in Chico, CA, must have a realistic budget. You can’t afford to go into debt just because you want a new house at some point down the road.

Even if your move is not immediate, it’s best to start saving now so that you’ll be ready when the perfect time comes along. This way, your move up will become successful as you’ll have little to no financial constraints.

2) Learn about different loan types.

There are so many move-up home loan programs in Chico, CA and you need to know about each of them.

It’s best that move-up buyers in Chico consult with a financial advisor who can help you determine which type of move-up mortgage is most suitable for your needs. It doesn’t matter if you choose a move-up home loan or move-up refinance.

What matters is that the move in Chico, CA, will become successful in your new house purchase.

Also, do your best to get rid of credit card debt because it’s best to pay off all debts before applying for any move-up house loans. And doing so will give you more chances of being approved by the move-up lenders.

3) Set an offer price or “bidding” strategy.

Move up homebuyers who make offers will always have an advantage over those property buyers who do not. That’s why it’s best to be smart about your bidding strategy. This is especially true if you’re buying from move-down homeowners trying to find a new house that fits their new lifestyle and budget.

Also, try to keep your options open—having more options at hand will make things easier for you, especially if you’re in the market for move-down houses. This strategy will give you confidence that you will get the right house at a price that you can easily afford.

4) Look at important features of move up properties.

Make sure that the house you’re buying has all of these things that you need and want for you and your family, such as:

• an open floor plan
• three or four bedrooms
• two full bathrooms
• at least one fireplace (preferably in the living room)
• a walk-in closet for each bedroom
• a dining room with an adjacent kitchen.
• a car space or garage
• a good neighborhood location
• proximity to shopping areas, schools, parks, or other points of interest that matter most to you.

5) Closing costs: find out what they are and why they matter to you.

It’s best to know all about move-up home closing costs so that you’ll be able to budget and plan accordingly.

Most move-up homebuyers don’t bother finding out what the closing costs in Chico are until it is too late and they’ve already bought the house—and even then, some move-up buyers still avoid asking the necessary questions.

Remember that property closing costs can still add a huge financial strain to your move.

Now, if you’re ready to buy a bigger and better home in Chico, CA, do the FIRST RIGHT STEP—consult the local property investment experts of Better Homes and Gardens Real Estate.