What to Know Before Buying a Home in Mill Valley, CA

Busy? Have us call you back. Call Me Back

More Information

Understanding the Mill Valley, CA Housing Landscape

Thinking about buying a home in Mill Valley? Smart move! You selected a colorful city with a dynamic selection of parks, businesses, and educational opportunities, and we're here to help the home purchase process go a little smoother. We service 3.8 million customers across the country and know the Mill Valley housing market well.

Mill Valley's amazing growth has made it a great place to live. But on the flip side, the growth has also led to a shortage of cheaper homes. Sustained cultural expansion and economic growth have helped to entice young families, new businesses, and retirees to the Mill Valley area, but so much change also means more traffic, more competition, and a need for more schools. Even so, Mill Valley and its nearby areas still offer a variety of home styles and prices. You can find single-family homes, condos, townhomes, and (fingers-crossed) your dream house! When looking to buy a house in Mill Valley, consider the home's location in relation to your everyday activities. If possible, test drive your trip from the house to work, school, and the grocery store. The location of your house will impact virtually every part of your life. Traveling around Mill Valley will also give you an idea of why homes in west Mill Valley are priced differently than homes in east Mill Valley, what the communities are like, and where to find Mill Valley's coolest attractions.

You're ready to buy a house in Mill Valley, but is your bank account? Reach out to a Mr. Cooper Mortgage Professional if you don't know how to go about answering that question. We believe in keeping the dream of homeownership alive and try our best to make the journey easier and more rewarding. It doesn't matter whether you want to buy a home in California or somewhere else entirely. We support experienced homeowners and first-time homeowners alike. Read through the following steps to help you determine if you're financially ready to buy a home in Mill Valley.

First, calculate how much house you can afford. This will help you set a price range while house shopping in Mill Valley. Then, add up the potential monthly payments (including property taxes, insurance, home repairs, homeowners association fees, etc.). You don't need an exact amount for these expenses. While everyone's situation is different, an online search for Mill Valley averages will usually give you some solid estimates. Keep in mind that your monthly mortgage payment could make up the bulk of your monthly home expenses.

Then, consider how much you can contribute to a down payment. Putting at least 20% down will boost your chances of getting a great rate and will allow you to avoid private mortgage insurance (PMI). However, the minimum down payment requirements depend on the type of loan. This is where getting prequalified for a mortgage comes in handy. Getting prequalified will give you an idea of how much you might qualify to borrow. Also, take a good look at your credit. Lenders place a high importance on credit history when looking at your mortgage application. You may be presented with more mortgage options if you have healthy credit— and who doesn't want more choices in life?

Move Up and Out: Buying Your Dream House in Mill Valley, CA

As common as moving is, you'd think we'd all have figured out a less stressful way to do it. And yet, it remains a top stressor in life! But moving feels more rewarding when you get to live in a place like Mill Valley. Contact Mr. Cooper as you prepare to buy a house in Mill Valley. We're here for you from start to finish and Mr. Cooper® Real Estate Rewards can even connect you with a high-performing real estate agent who may be able to help you save thousands.*

Mill Valley, CA Mr. Cooper Customer Reviews

Read actual reviews from actual Mr. Cooper customers in Mill Valley, CA. Then call us to see how we can help you.

Make buying or selling a Mill Valley home easier.

Mr. Cooper works to save buyers and sellers money at every stage of their journey, from real estate commissions to closing costs.