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.
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.
Sheryl Arndt, Real Estate Broker â€“ Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience
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.
323 300 1143
I would suggest you talk to a local Realtor who can guide you thru this process.
Hope this helps.
Realtor, DRE# 01891274
Century 21 All Moves
FREE Monthly Newsletter: http://newsletter.davidnewhome.com
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.
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!
Keller Williams Realty
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.
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
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