In Southern California’s tight housing market, becoming a homeowner can be a good financial investment. Over the long term, the cost of renting can exceed that of owing, especial in high-rent district. If you expect to spend least seven years in one place and if you can afford it, purchasing a home is worth investigation. That said, a newcomer to Los Angeles would be well advised to rent or sublet for at least one year before baying, giving time to learn about various neighborhoods, commuting issues, and local schools. Realtors recommend that buyers get pre-qualified for a loan before house hunting, so that when you spot the home of your dreams, your can act quickly- a necessity in this sellers’ market.
Sellers who entertain multiple bids are common in today’s marketplace. Making a good impression on the seller when viewing a house will be to your advantage in a multiple-bid situation. The search for a condo, town-home, or house requires resourceful and aggressive search tactics.
Your best bet is to work with an attentive broker who has access to home waiting to be listed with the Multiple Listing Service. Assisting your broker’s efforts by browsing the “Housing” section of the Sunday Los Angeles Times as well as the numerous home-for-sale listings on the web is a good idea. Free real estate guides can be found on racks at grocery stores, pharmacies, and newspaper stands. Also, city web sites will often offer links to real estate options.
We at Valerie Fitzgerald and Associates realize that you are in the information gathering stage of your purchase and we respect your privacy. Should you have any questions, please feel free to email us at info@valeriefitzgerald.com or call us directly at 310-285-7515. If you or anyone you know is looking to buy or sell a home, please note that we can provide detailed information and access to:
You can count on the services of Valerie Fitzgerald and Associates to provide you with information you can trust.
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