What to Look Out For When Buying a House in California

What to Look Out For When Buying a House in California

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In our capacity as the experienced individuals looking out for the best interests of our readers, viewers, and clients, we feel it is pertinent to address the prominent features of housing in California that any buyer should pay heed to when looking for a house. This is important, especially given how volatile the market is and given how big of a financial decision buying a house is. Here are a couple of things you should look out for when buying a house in California:

Natural Hazard Disclosure Report

Before we buy houses, we want to make sure that we know the possible natural hazards the geographical location of the property can encounter. The Natural Hazard Disclosure Report outlines all of these; it usually costs about $100.

Buyer’s Agent’s Commission

Sellers are responsible for paying the buyer’s agent’s fee. Although paying it is optional by law, offering less than 2.5% will usually mean that they will conveniently decide not to put your house up in there, “houses for sale” ad. The average commission in California is about 5-6%.

Taxes and Fees

Another important aspect of the market will be the change in taxes, particularly after the budget bills have been passed. Though this is usually not the case, the administration this year has very elaborate plans for changing and re-adjusting the entire taxation system, which may or may not impact homeowners in California.

These increased (or decreased) taxes will range from property ownership tax all the way to taxes on the sale of property, so one must make sure all such components are understood before making a decision on buying or selling their house.


Locations have a heavy impact on price, and so it is important to understand how a house is priced vis-à-vis the location it is in. A house in a not-so-good location may be better in it, but may also be cheaper than a less interesting house in a high-end or generally better neighborhood.


What is important to understand is that every house, location, seller, buyer, broker, and vicinity has its own unique features that must be understood before making a decision as important as buying a new house. Perhaps more importantly, particularly from a financial perspective, is the fact that different areas and homes may have different associated costs, ranging from different taxes, commissions, insurance claims, and leftover or unpaid mortgages.

Anyone seriously considering buying a house must take into account all associated factors, primarily those directly related to the financial aspects of a new house. Similarly, a smart buyer will make sure he or she understands all the variables and factors related to buying a house— this means that they must factor in maintenance costs in the future, the location of the area, and future plans. Remember to be patient and thoughtful. Happy house hunting!

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