How Much Can I Afford?

Determining how much you can afford involves evaluating your income, debts, credit score, and the down payment you can make. A general rule of thumb is that your monthly home payment should not exceed 28% of your gross monthly income, and your total debt-to-income ratio should be under 36%. Online mortgage calculators can provide a preliminary estimate, but consulting with a mortgage lender for pre-approval will give you a more accurate picture based on your financial situation.

What Are Closing Costs?

Closing costs are the fees and expenses you pay to finalize a mortgage, typically ranging from 2% to 5% of the loan amount. These costs can include appraisal fees, title insurance, attorney fees, and loan origination fees. Buyers and sellers may negotiate who pays these costs, but it's crucial for buyers to budget for them when planning their home purchase. Understanding these costs upfront can help avoid surprises at closing.

How Does Buying a Home Work?

Buying a home involves several steps: starting with pre-approval for a mortgage to understand your budget, then searching for homes within that budget, making an offer, and going through home inspections and appraisals. Once your offer is accepted, you'll enter the closing process, which includes finalizing your mortgage, completing necessary paperwork, and closing the sale. It's a complex process that benefits from the guidance of a professional real estate agent to navigate negotiations, legal requirements, and financial details.

Should I Buy or Rent?

Deciding between buying or renting depends on your financial stability, lifestyle, and how long you plan to stay in one place. Buying a home is a long-term investment that can build equity and potentially offer tax benefits, but it comes with additional responsibilities and upfront costs. Renting offers flexibility and less maintenance but might not provide the same return on investment. Consider your current life stage, financial health, and future plans when making this decision.

How Much Should I Put Down?

Putting down a larger sum on a home can significantly reduce your mortgage payments and interest rates, making the property more affordable in the long run. Traditionally, a 20% down payment is ideal as it also avoids the need for Private Mortgage Insurance (PMI). However, depending on your financial situation and the programs available to you, down payments can be as low as 3.5% for FHA loans or even 0% for VA and USDA loans. It's essential to consider your budget and long-term financial goals when deciding.

Remodeled Single-Story Home for Sale in Thousand Oaks

Name: Kim Clemens Real Estate
Address: 2535 Townsgate Rd., Ste 109, Westlake Village, CA, 91361, US
Telephone: (805) 551-2137

🏡 5 Things to Know Before Selling a Home in Thousand Oaks

By kimclemensrealestate • June 27, 2025

Thinking of selling your home in Thousand Oaks?

Just Listed in Newbury Park - Dual RV Parking

By kimclemensrealestate • June 18, 2025

Looking for a remodeled, move-in ready home in Newbury Park with no HOA and serious RV parking? Welcome to 610 Nicole Drive—a stylish and spacious 2-story traditional with top-to-bottom updates and room for all your toys. This turnkey property features 4 bedrooms, 2.5 updated bathrooms, over 2,100 sq ft of living space, and backs to open space for extra privacy. Both sides of the home offer gated RV parking (12'x67' and 10'x60'), complete with 50 amp service. The fully fenced backyard is built for entertaining with a custom firepit, covered patio, and low-maintenance landscaping. Enjoy a granite and stainless chef’s kitchen, vaulted ceilings, wood-look floors, a luxury primary suite, dual-pane windows, indoor laundry, and a 3-car epoxy-finished garage with built-ins and WiFi openers. Located in the highly desirable Conejo School District, this remodeled Newbury Park home is close to hiking and biking trails, just minutes from local beaches, and offers easy 101 freeway access.

Front picture of home at 145 Columbia Road, Thousand Oaks

Single Story, View Home in Thousand Oaks For Sale!

By kimclemensrealestate • April 10, 2025

Homes with Views in Thousand Oaks don’t come around often—especially under $1 million! 145 Columbia Road is a rare single-story ranch with 4 bedrooms + an office, 2.5 bathrooms, and 1,804 sq ft of living space, all on a large 10,000+ sq ft lot with elevated panoramic views. This family home in Conejo Valley offers unbeatable value in a neighborhood of $1M+ properties. With a brand-new roof, new exterior paint, upgraded garage, dual-pane windows, and remodeled bathrooms, it’s move-in ready while leaving room for your personal touch. Whether you're a young family, remote worker needing a dedicated office, or a buyer looking to create a future ADU, this Thousand Oaks gem delivers space, flexibility, and upside. Enjoy proximity to The Oaks Mall, top-rated schools, parks, and hiking trails—all while living in one of California’s safest cities. This is the perfect canvas to create your dream lifestyle in Thousand Oaks.

Remodeled Home in Thousand Oaks with RV Parking, ADU Potential & Pool-Sized Backyard – No HOA!

Looking for a turnkey single-family home in Thousand Oaks with modern upgrades and room to grow? This fully remodeled 3-bedroom, 2-bath single-story home in the desirable Conejo Country neighborhood offers the perfect blend of comfort, style, and opportunity—all on a spacious 9,583 sq ft flat lot with ADU and expansion potential.

Inside, every detail has been thoughtfully updated—from brand-new central heating and air conditioning with new ducting to a new main sewer line, smooth ceilings, and dual-pane windows. The home features new flooring throughout, remodeled bathrooms with marble tile showers and new vanities, and a modern kitchen with brand-new appliances.

You'll love the attached 2-car garage with direct access, and the expansive backyard is a rare find—ideal for adding a detached garage, custom ADU, or resort-style pool. Whether you're a first-time homebuyer, upgrading from a condo or townhome, or planning for multi-generational living, this property fits the lifestyle.

Located in the highly-rated Conejo Valley Unified School District, with nearby Blue Ribbon schools, hiking and biking trails, a large dog park, and convenient access to shopping and dining, this Thousand Oaks home is perfect for anyone seeking move-in-ready living with no HOA fees.

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