Limit Challenges During the California Luxury Homebuying Journey

by Bonnee Proo 11/20/2018

Buying a California luxury house should be a stress-free experience. However, challenges may arise that prevent you from discovering your dream residence in Los Angeles, San Francisco or any other Golden State city or town.

Luxury homebuyers who understand the ins and outs of the California real estate market may be better equipped than others to enjoy a stress-free homebuying experience. In fact, these buyers likely can address potential problems before they get out of hand.

Now, let's take a look at three problems that California luxury homebuyers may encounter, as well as ways to resolve such issues.

1. Honing Your Luxury Home Search

When it comes to pursuing a California luxury house, it helps to enter the real estate market with homebuying criteria. That way, you can narrow your luxury home search and speed up the homebuying journey.

Think about where you want to live in California. For example, if you want to live close to Disneyland, you may want to pursue luxury houses in and around Anaheim. Or, if you want quick, easy access to Staples Center, you may choose to check out luxury residences in Los Angeles.

2. Obtaining a Jumbo Mortgage

A jumbo mortgage is a must-have for most California luxury homebuyers. Although homebuyers sometimes think it can be tough to obtain a jumbo mortgage, meeting with lenders will enable you to quickly and effortlessly get the financing you need to buy a Golden State luxury home.

Of course, when you meet with lenders, don't hesitate to ask lots of questions about jumbo mortgages. Lenders employ friendly, knowledgeable mortgage specialists who can teach you about a variety of jumbo mortgage options. With expert insights into jumbo mortgages, you can make an informed mortgage decision.

3. Determining How Much to Spend on a Luxury Home

You know that you want to buy a California luxury house, but you're uncertain about whether to submit an offer to purchase at, above or below a seller's initial home asking price. Luckily, real estate agents are available who can help you put together a competitive offer on any Golden State luxury residence.

Hiring a real estate agent who possesses luxury housing market experience is a must, particularly for those who are searching for a California luxury residence for the first time. A real estate agent can provide a broad assortment of housing market data. Also, he or she will make it simple to submit an offer to purchase a luxury residence that matches a seller's expectations.

Let's not forget about the comprehensive support that a real estate agent can provide at each stage of the homebuying journey, either. If you have questions as you pursue a luxury residence in San Diego, Sacramento or any other California city or town, a real estate agent is happy to respond to them at any time.

Limit challenges as you pursue a California luxury home – collaborate with a real estate agent, and you can receive plenty of assistance throughout the Golden State luxury homebuying journey.

About the Author

Bonnee Proo

A Penn State undergrad with an MBA from University of Redlands, I specialize in the sale of new and existing homes in San Diego County. Licensed for 12 years in the Real Estate and Mortgage Banking industries, I have a strong background in Mortgage Banking and Investment property. Prior to real estate. I spent 18 years as a Corporate Accountant specializing in Healthcare and Biotechnology. I’ve always been a "numbers person.” However, my joy comes from working with and helping people make well-versed decisions with sometimes the largest investment they will ever make in their life…their home.

Leveraging my experience over the years, I am known for outstanding client service, available 7 days per week or whenever called upon to assist, execute, negotiate, guide or encourage. I strongly believe it is my duty to not only represent my clients to the best of my ability, but also to educate them throughout every step of the home buying (or selling) process, arming them with topnotch information and market insight so that they are able to make the best decisions possible. I am honest and trustworthy. I wholeheartedly believe that commitments are made to be kept. Also, I am extremely hardworking and knowledgeable about the real estate/mortgage industries and I have an EXCELLENT team of affiliates (lender, escrow, title, inspectors, etc.) with whom I work that are just as hardworking and knowledgeable in their respective lines of work, and always ready to assist.

During my spare time, you will either find me swing dancing or swinging a golf club. I also enjoy walking/hiking or spending time at the gym always working on trying to stay healthy; socializing with friends; and spending quality family time with husband, Phillip and my sassy, little fur-baby, Sadi.



National Association of Realtors (NAR)

California Association of Realtors (CAR)

Pacific Southwest Association of Realtors (PSAR)

Senior Real Estate Specialist (SRES)

San Diego Regional Chamber of Commerce (Ambassador)

East County Chamber of Commerce (Ambassador)

University of Redlands (Alumni Board)

Meals on Wheels (Volunteer)