Beautiful Mission Viejo is a very desirable and highly in demand place to live, which makes finding an affordable home hard to do. An affordable home in Mission Viejo is not just a home that you can afford, but also a home that is priced fairly. Here are several steps to take to find that elusive affordable home.

The first step is to meet with a mortgage broker that has a wide variety of loan programs so you can choose the best mortgage loan that meets your short term and long term plans. Most lenders can evaluate your financial status and issue you a pre-qual letter for a mortgage loan within 30 minutes or less.

The second step is to team up with a good local Realtor. One, they can provide you with timely information about new listings of homes for sale from all types of motivated sellers such as: bank repos, pending foreclosures, houses in probate, relocation, fixes, vacant rentals, etc. Two, they can quickly and accurately help you determine if the home for sale is a bargain.... just because the home for sale is in probate, or there is a pending foreclosure does not necessarily mean it a good deal.

Make sure your Realtor utilizes state-of-the-art Internet technologies which will greatly help you in finding affordable homes for sale in Mission Viejo. Have your Realtor set you up with an email alert service, which will email you homes for sale as they are listed in the MLS, only if they meet your criteria. Here is where it gets tricky. If you are looking for the most affordable home in many different cities, then you may need to have your Realtor set you up with several different email alert filters. If your only looking for an affordable home in Mission Viejo, then one or two filtered searches should do.

After several weeks of evaluating Mission Viejo homes for sale that you have received by email, you and your Realtor will then be able to determine a truly affordable home.... one that you can afford and is price at a bargain. At this point, let your Realtor go to work for you and negotiate the best possible price and terms.

Mr. Bindi is a licensed Real Estate Broker in Orange County CA. He