Home Buying in 90012>Question Details

Monica, Home Buyer in 90012

I want to buy condo in 90012 area code.. will it be good to buy or keep renting?

Asked by Monica, 90012 Mon Oct 11, 2010

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Dorene Slavitz’s answer
BEST ANSWER
Dear Monica,
Well that depends upon you and your situation. Condo prices are down now and so are interest rates. These are a couple of reasons why you might want to buy. The money you are paying now is not purchasing anything for you, the way a mortage will help you purchase a home. There are also tax advantages to owning property. Just a few things for you to consider in making this decision.
Best!
1 vote Thank Flag Link Sat Oct 16, 2010
Hello Monica,

Another thing to add is that no one can predict the future of the market. Right now there is more up in the air than there is set in stone, so making a prediction will be very hard to do until some of these banks figure out what they are doing and how they are going to get the best of us in the coming months.
1 vote Thank Flag Link Mon Oct 11, 2010
Hello Monica, Did you buy yet? It is a great time to buy now with record low interest rates and home prices on the rise. It is now or never. You may qualify for CHF Access half percent down payment program with a minimum 580 fico score and which can also contribute towards your closing costs as well. It only takes a few down questions to qualify in minutes. Here is a link to CHF Access flyer, maximum income limits and a needs list to gather for processing a loan approval.

http://www.under640ficoscoreloans.com/Pages/HalfPercentDown.aspx

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker – Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
0 votes Thank Flag Link Mon Dec 3, 2012
90012 is a great area, so close to Chinatown, Downtown L.A., Dodgers Stadium, Elysian Park.
There are great condos for sale and up for grabs in this zip code.
Most condos are on the top of the hill with views!

Owning a home has so many advantages. Buying a Home/Condo Now is a great idea. Interest Rates are still so low.

Myrna@MyrnaAveria.com
323 300 1143
Broker/Associate
Web Reference: http://MyrnaAveria.com
0 votes Thank Flag Link Wed Oct 19, 2011
Hi Monica, home buying involves a lot of factors that you need to evaluate before deciding to buy a home.
I would suggest you talk to a local Realtor who can guide you thru this process.

Hope this helps.

Thanks
David Akram
Realtor, DRE# 01891274
661-505-8550
Century 21 All Moves
Contact: http://contactme.davidnewhome.com
Web: http://www.DavidNewHome.com
Blog: http://blog.davidnewhome.com
FREE Monthly Newsletter: http://newsletter.davidnewhome.com
Web Reference: http://www.DavidNewHome.com
0 votes Thank Flag Link Thu Mar 24, 2011
Dear Monica,
Well, when you invest in Real Estate, your money is going into the equity of your own property.Under normal circumstances, you will be able to get a return on that investment down the road.
Compared to leasing or renting, where the owner of the property is the one who gains from your money.
If you are considering buying now, you will have to hold on to your home for a length of time, in order to see a return. If you can do this, it's a good time to buy.
0 votes Thank Flag Link Tue Mar 22, 2011
It is a great time to buy! here are some reasons to buy a home now:
Record low interest rates
Highly motivated sellers
Affordability at an all-time

currently, I have a townhouse listing in 90012: 3 bedrooms, 2.5 baths, trilevel townhouse with views of downtown skyline and Dodgers Stadium.
good luck in buying!
Myrna Averia
broker/associate
Keller Williams Realty
lic 01269474
Web Reference: http://www.MyrnaAveria.com
0 votes Thank Flag Link Mon Mar 21, 2011
Hello Monica,
It all depends on you situation. Also, will this be all cash or will there be financing? You will need to figure out what program you will qualify for, being owner occupied or investor owned. Always happy to assist.
Sincerely,
Richard "RJ" Kas (SFR, SRES)
"Representing the finest properties from Los Angeles worldwide"
KAS Properties - Coldwell Banker Previews International - Beverly Hills East
9388 Santa Monica Blvd, Beverly Hills, CA 90210
310.859-5334 office - 310.488.9826 mobile - 310-273-0670 fax ATT: RJ
RichardKas@gmail.com - http://www.RJforLA.com - DRE: 01352771
Sellers Buyers Investors Leasing Consulting
0 votes Thank Flag Link Mon Oct 18, 2010
A decision only you can make based on your finances, wants, needs, lifestyle, duration of stay, etc.; consider consulting with any qualified loan officer(s) regarding mortgage qualification, loan products, etc., so that an informed decision can be made.
0 votes Thank Flag Link Mon Oct 11, 2010
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