If you are looking to purchase a home, you will not go wrong with California. The state provides many possibilities for you and your family in the future. Now, you have picked Bakersfield as your new hometown. But the problem is you do not know how to get a place. Moving Beverly Hills will tell you all you need to know about buying a house in Bakersfield, CA.
Learn about the cost of living before making a purchase in Bakersfield, CA
Since you want to settle down in Bakersfield, you need to know how much you will pay for your daily expenses. So our first tip before buying a house is to learn about the cost of living in Bakersfield.
You will be happy to find out that the city is affordable compared to California. While the average cost of living in California is 149 in Bakersfield is only 102, which is 2% higher than the national average. A low cost of living in Bakersfield means that you will pay less for your daily expenses and lead a more comfortable life.
The cost of houses in Bakersfield
As we said above, living in Bakersfield is not costly, and the main reason for that is affordable housing. Houses are more than two times less expensive in Bakersfield than in the rest of California. The median home price in Bakersfield is around $311,100$ while in California is $684,800. Since the cost of homes is not that high in Bakersfield, it will not take long for you to buy one, and when you do, you will need movers to relocate you. There are a lot of experienced moving companies moving to California, one of them is hansensmovingandstorage.com, but if you do not like them, there are other options.
About 60% of people in Bakersfield own their homes and 40% rent. Most of the houses on the market are 30 years old.
Buying a house in Bakersfield, CA is easier if you have a budget
Since you know how much homes cost in Bakersfield, you can budget accordingly. To determine your budget, you need to know how big of a mortgage you can get. You need to get pre-approved to see how much money you can spend on a home. Unfortunately, getting pre-approved is a difficult process.
- First, you need to visit a lender and talk to them before purchasing housing in Bakersfield.
- Second, the bank will ask you to provide financial documents to see if you are a viable candidate.
- Finally, they will notify you if you are pre-approved for a mortgage. With your pre-approval seller will take you more seriously and you can finally get the homes in one of the best towns in California.
You are ready to buy in Bakersfield
With the above tips, you have all you need to know about buying a house in Bakersfield, CA. Be careful and make sure to pick the perfect home in Bakersfield.