Buying your first home is one of life’s biggest milestones — and in the South Bay, it comes with its own unique set of challenges and rewards. After 25 years of helping families find their perfect home, here are our top five tips for first-time buyers.
1. Get Pre-Approved Early
In a competitive market like Silicon Valley, sellers want to see that you’re serious. A pre-approval letter from a reputable lender tells them you’re ready to move forward. This is especially important when there are multiple offers on a property.
2. Know Your Neighborhoods
The South Bay is incredibly diverse — from the tree-lined streets of Los Gatos to the tech-forward neighborhoods of Mountain View. Spend time exploring different communities before you commit. Visit on weekdays and weekends, check commute times, and talk to residents.
3. Budget Beyond the Purchase Price
Property taxes, homeowners insurance, HOA fees (if applicable), maintenance, and closing costs all add up. A good rule of thumb is to budget an additional 2–5% of the purchase price for closing costs alone.
4. Don’t Skip the Home Inspection
Even in a hot market, never waive your home inspection. A thorough inspection can reveal issues that could cost tens of thousands of dollars down the road. Your agent can help you navigate inspection contingencies strategically.
5. Work With a Local Expert
Silicon Valley real estate is unlike anywhere else in the country. An agent who knows the local market inside and out can help you spot opportunities, avoid pitfalls, and negotiate effectively. That local knowledge is invaluable.
Ready to start your home search? Contact The Norcia Team for a free consultation.
Posted on February 17, 2026 by The Norcia Team
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