| Living on the beach is practically every homeowner's | | | | need and which ones you can do without. |
| dream. That's why Newport Beach properties have | | | | Paying for the view |
| always been among the most valued in California: not | | | | Most Newport Beach homes for sale put a premium |
| only do you get to live right on the waterfront, you | | | | on beach views, which explains the |
| also get all the perks of living in a bog, thriving city. A | | | | higher-than-average prices. But not all buyers really |
| beachfront property in Newport Beach gives you the | | | | need a good view; at most, it's often just a nice |
| best of both worlds, and that's just where it all | | | | perk. Ask yourself how valuable a view would really |
| starts. | | | | be in the long term. If it's not that big a factor, you |
| Of course, beachfront or not, there are some things | | | | may be better off with an inland home with more |
| worth remembering when buying Newport Beach | | | | useful features. |
| homes for sale. Here are some tips to help ensure a | | | | Applying for financing |
| successful purchase. | | | | Financing for Newport Beach properties can be |
| Choosing a neighborhood | | | | complicated because they seldom fit the maximum |
| Newport Beach is about as varied as the rest of | | | | price for conventional loans. Most of the time, you'll |
| California: you have everything from practical studios | | | | have to get a jumbo loan, which usually isn't covered |
| to sprawling waterfront estates. Get to know the | | | | by regular lending standards. Shop around for lenders |
| pros and cons of each area based on your | | | | willing to accommodate your investment, and make |
| requirements: do you need good schools, private | | | | sure to read and understand all the terms. |
| amenities, or lots of green space? List down your | | | | Working with agents |
| basic needs and ask around for neighborhoods that | | | | Working with a qualified agent can make all the |
| fit. | | | | difference between a good purchase and a bad one. |
| Checking for features | | | | There are dozens of real estate agents out there, |
| What kind of home are you looking for? This is a | | | | but few would really go beyond searching the |
| pretty broad question, and it can take a while to | | | | Newport Beach MLS. Look for an agent who has |
| figure out. The Newport Beach MLS contains small | | | | experience on the area and type of home you're |
| condos, five-bedroom mansions, and everything in | | | | considering, and don't hesitate to ask for client |
| between. Not all features are worth what they add | | | | references. |
| to the price, though. Decide early on which ones you | | | | |