Berkeley First Time Home Buyers

Those moving to Berkeley as first–time home buyers can rely on multiple resources and information to help them get a property. RedFin.com shows 83 homes for sale as of July 2023, starting at $419K. If you talk with a lender, they’ll let you know the Berkeley interest rates and give you an offer based on your financial situation. You can then determine your budget and secure a 30-year mortgage to work on a home purchase.

You can seek a program to help you with your down payment. Remember that down payment terms can vary, but you should expect to pay at least three percent of the property’s value. For instance, if you’re buying a $100K property, you’ll need a $3K minimum down payment. Many towns also provide down payment assistance up to a certain amount, so you can review the options and determine which you should pick.

As you review your options as a first-time homebuyer, you should let a professional like me help you. I’ve helped multiple first-time buyers get what they need, so you can ask me for advice. Not only will I show you houses and take you on tours, but I’ll keep your budget and needs in mind, so I won’t waste your time. If you have any questions, I’ll provide answers and stay current on the market. Reach out today to start your home search.

More properties in Berkeley: https://www.redfin.com/city/1590/CA/Berkeley

• Berkeley first-time home buyers can ask a REALTOR® like me for help.