The California home market is one of the most expensive in the nation. California is home to twenty of the top twenty-one most expensive areas in which to buy a home. However, with good planning and money management skills, you can afford to own your own home in this exciting and beautiful state.

First, you need to realistically plan out a budget that you can stick to. Make sure to include money for unexpected bills, entertainment costs, and repair costs into your budget. This way, you will be able to avoid getting a mortgage payment that is more than you can afford.

Secondly, shop around, and be open to different neighborhoods. Look into bank foreclosure sales, and if you are skilled at home repairs, don’t be afraid to buy a home that needs a few things fixed. Minor home repairs can save you thousands of dollars at closing time, and if you are able to make the repairs yourself, the savings are even greater. This can help you afford a better mortgage.

Shop around for the best lender for your mortgage. Many times you can find terrific interest rates when you do a little research. Be prepared to buy with a reasonable down payment, and remember that the more money you can put down at closing time, the better interest rate you will end up with in the end.

Finally, don’t rush into a decision. Buying a home is an important decision that will be with you for years to come. Make sure it’s a decision you can live with happily.