If you're in the market to buy a home, then you need to watch this video! San Diego Realtor Karlee VanDyke is going to give you three essential tips that every home buyer should know. So whether you're just starting your search or getting ready to make an offer, make sure you stick around for these key pointers to become an educated buyer.

Video Block
Double-click here to add a video by URL or embed code. Learn more

Knowledge is power and the source of that knowledge matters. The media tends to lag about six months behind when reporting important housing information, not the best resource when trying to make an important decision such as buying your home. Today, as a real estate education specialist, I'm going to share three knowledge bombs with you to make sure that you are an educated buyer. Number one, homes are on sale.

And guess what? So are interest rates. So if you are pre-approved and you are waiting to time the market, why have your golden ticket because that time is now. Number two, equity. San Diego is and always has been one of the hottest real estate markets in the country. In addition to that, even though home prices are down, equity gains remain at 5% or above from this time last year and I have not served a home buyer to this day that has ever regretted purchasing their home. In addition to equity and value over time, you get to take your interest and your property taxes in a tax write off.

Number three, less competition. So the uneducated buyer today is waiting for the media to give them the green light to go ahead and buy a home. The good news is you don't have to do that because when that happens, the crowd comes rushing in and we end up in a state of bidding wars. So in a nutshell, waiting will cost you. Homes are on sale and interest rates are on sale. So now is the time to invest your hard earned money in to one of the most important and lucrative investments you will ever make, your home. I'm Karlee Van Dyke at Whissel Realty and playing the wait game will simply cost you.