I think it would be a great idea to start with a mortgage broker, who can talk about the financing options available to you. Then, consider a resource like Listingbook .
Listingbook's property information comes straight from the MLS. With timely updates, you gain access to a trusted and dynamic resource. Listingbook is your destination for real estate information YOUR WAY. Unlike other real estate search Web sites, Listingbook provides accurate and timely information about listings in your local real estate market. More than just a property search, Listingbook presents unique data about individual properties or an entire market that you can't get anywhere else. Best of all, you and you parents can each have accounts, communicate back and forth with virtual "sticky notes", and select properties to view with an agent. My clients rave about it. What else makes Listingbook unique? With your Listingbook account, view up-to-the-minute area sales information including Days on Market, List Price, Price Changes, and Sold Price, if available. With Listingbook, you Know It All!
This will get you ready to select the right home for you and your parents. Hope this helps!
Certified Short Sale Professional
Certified Home Retention Specialist
Blogging at: http://TheBremnerGroup.com/blog
It truly is a pleasure to work with buyers who know exactly what they want.
I would suggest starting with the following:
1) The first step would be to get pre-qualified with a lender
I can recommend 4 lenders my office uses
2) Contact a reliable real estate agent/broker.
If you would like I can generate a list of homes in the areas you mentioned above. I also have contacts who sell properties on a lease to own basis
I really look forward to working with you
Monica Hernandez - REALTOR(R), SFR
Century 21 Amber Realty
23705 Crenshaw Blvd Suite 100
Torrance, CA 90505
dre lic 01239118
We have a local service called : westsiderentals.com. It's an exceptional resource for shopping neighborhoods for renting, with a "MLS-like" picture and mapping feature. It costs $60 for 2 months. You'll get a very good picture of what your $2100 will purchase in terms of rent, and you'll get the chance to explore the area before getting locked in to a home in a market where it may be 3-5 years or more before you'll be able to recoup your closing costs and trade homes.
Good luck - and welcome to California!
Secondly you need to find a realtor that can help you with the whole process of buying a home. I can provide you with access to the mls for buyers so you can see what is on the market for the areas you are interested in. Send me an email email@example.com and I will gladly set you up for free.
If you have any further questions feel free to ask.