Downtown Los Angeles Lofts
If you’re buying a condo in DTLA, you’ll most likely have to buy title insurance – but what is it, and why do you need it? What is Title Insurance? Title insurance is something that buyers have to purchase, and it all starts with a title search. During a title search, a title company looks […]
If you’re buying a condo or loft for sale in Los Angeles, you have plenty of options when it comes to a mortgage. One of those options is an adjustable-rate mortgage, or ARM – but what is it, and why would someone choose that? What is an Adjustable-Rate Mortgage? An adjustable-rate mortgage, which is commonly […]
If you’re buying a condo in LA, it’s a good idea to come up with a 20 percent down payment. That means your mortgage payments will be lower, and lenders may look at your loan application more favorably than they would if you brought less of your own money to the closing table. But it’s […]
If you’re like many people, you’ve heard of VA loans – but what are they, and who can use them? What is a VA Loan? A VA loan is a loan that’s guaranteed by the U.S. Veterans Affairs – it doesn’t actually come from the VA. Having the VA’s guarantee on these loans allows lenders […]
If you’re a first-time buyer who’s looking for a condo for sale in downtown LA, you’ve probably read all kinds of first-time buyer advice, tips and tricks, and other guidance – and some of it probably hasn’t been as helpful as it could be. This guide to buying your first condo in LA isn’t like […]
If you’re buying a loft for sale in DTLA, here’s are three habits you should try to get into. 3 Habits Sucessful Homebuyers Share Check out these three habits that successful homebuyers share: Skip the indulgences in favor of saving a down payment Make regular deposits into savings just for your home Stay on top […]
When you buy a condo or loft in DTLA, you might be like many buyers and want to repaint as soon as you move in. And if that’s the case, you’ll need to either hire a professional or familiarize yourself with painting techniques, supplies and lingo. Here’s what you need to know about paint primer. […]
Whether you’ve just bought a condo or loft with a dishwasher or you’re selling yours, you’ll need to know all about maintenance. But don’t worry – it’s a lot easier than it seems, and it’ll end up saving you money in the long run because your dishwasher will last longer and keep working just as […]
When you buy a new condo or loft in DTLA, you might be thinking about buying a new security system – and if you do, here’s what to know first. What to Know Before You Buy a Security System Getting a security system in your new condo or loft is a smart idea, but here’s […]
When you buy a loft or condo in DTLA – especially if it’s bigger and more expensive than the last place you lived – you’re going to want to look for smart ways to cut your energy bills. This guide walks you through seven tips you can use now to slash your energy costs (and […]
When you buy a new condo or loft in DTLA, it’s easy to get caught up in the excitement and want to snag all the new furniture you’ve been eyeing – but no matter what you do, make sure you avoid these three expensive mistakes. Furnishing Your New Home? Don’t Make These Three Expensive Mistakes […]
Closing day is a very exciting day – you’ll do your final walk-through on your soon-to-be home and then you’ll head to your real estate agent’s office to sign the paperwork that makes the condo or loft yours. But during that final walk-through, there are a few things you really need to look at. Use […]
When you’ve decided to buy a loft for sale in Downtown Los Angeles, you know it’s a process. Maybe you’ve already talked to a real estate agent (or maybe you’re looking for one – and if that’s the case, you should call 213-254-7626 right now!), looked at real estate listings to find out what you […]
If you’re like many people who want to buy a condo in Downtown LA, be prepared: When the market is hot, you might find yourself in the middle of a bidding war. So what does that mean – and how will it affect you? What is a Bidding War on a DTLA Condo? A bidding […]
If you’re like many people, you know that a real estate agent is a real estate agent – but what’s the difference between real estate agents, REALTORS® and brokers? Here’s what you need to know. Differences Between Real Estate Agents, Brokers and REALTORs When you’re buying or selling a home, there’s a good chance you’ll hire […]
If you’re like many people, you’ve already looked at plenty of lofts for sale in DTLA – and you’ve found them all online. The pictures are great, you can get all a home’s specs (who knew you could fit 3 bathrooms into a 1,000-square-foot space?!), and you can see if a home is within your […]
If you’re like many people who are buying a loft for sale in Downtown Los Angeles, you’ve heard all kinds of advice from all kinds of people (probably even from people who have never bought a loft before, right?). So how do you know what to listen to and which advice is safe to ignore? […]
If you’re like most people who are buying a condo or loft for sale in DTLA, you know that a bidding war is possible. After all, if you’re in love with a condo, there’s a good chance that other people might be, too. So what do you do if there’s a bidding war – and […]
When you’re buying a loft or condo in Downtown Los Angeles and using a mortgage (like most people do), you’re going to hear all kinds of industry terms. Here’s how to make sense of it all. 7 Mortgage Terms You Need to Know Check out these common terms: Amortization Appraisal Closing costs Earnest money Points […]
When you’re searching for a new condo or loft in DTLA, you’ll benefit from working with a Realtor(R) – but how do you find the right one? You start interviewing prospective agents. These are three questions you need to ask to make sure you’re hiring the best possible agent for your needs. 3 Questions You […]
If you’re pretty sure you’re ready to buy a loft or condo in DTLA, here’s what you need to ask yourself first. Ready to Buy a Home? Ask Yourself These Questions First Is there enough money in my bank account? How much debt do I have? How long do I plan to stay in my […]
When you buy or sell a condo or loft in DTLA, you’ll have to deal with escrow – but what is it, and how does it protect you? What is Escrow When You Buy or Sell a Loft or Condo in DTLA? In a real estate transaction, the term “escrow” refers to a secure area […]
Your real estate agent will help you find “the one” – the condo or loft that you love in DTLA. And once you find it, you’ll make an offer and everyone will cross their fingers in hopes that the seller will accept it as-is. But where do you start? How to Make an Offer on […]
When you’re selling a loft or condo in Downtown L.A., you’ll probably get your fair share of offers – but what happens when you don’t like the offers you’re getting? Find out what to do now. Can You Counteroffer an Offer on Your Home? You always have the right to counteroffer a prospective buyer’s offer. […]
When you buy a condo or loft for sale in DTLA, your real estate agent will make sure you have all the right contingencies (conditions) built into your contract. These are the contingencies you can’t afford to waive. Contingencies You Can’t Waive When You Buy a Condo or Loft in DTLA The contingencies you can’t […]
When you buy a condo or loft for sale in Downtown Los Angeles, you’ll need title insurance – particularly if you’re working with a mortgage lender. (Mortgage lenders require you to buy a title insurance policy for them.) Title Insurance Basics What is title insurance, how much does it cost, and why do you need […]
When you’re searching for a condo or loft for sale in DTLA – especially if it’s your first time buying a home or if it’s been a while since the last time you purchased a home – these are three things you absolutely must know. 3 Things All First-Time Buyers Need to Know Your DTLA […]
If you’re like many people buying a condo or loft for sale in Downtown Los Angeles, you know that a lender will look at your debt-to-income ratio, or DTI. But there’s a way to figure out your own DTI so you know exactly what your lender will be looking at. How Can You Calculate Your […]
When you’re buying a condo or loft for sale in DTLA, you’ll walk through several with your agent. Here’s what to look for on a walk-through: Leaks Bulges in flooring Water stains Wood quality What to Look for on a Walk-Through You’ll eventually hire a home inspector when you find a condo or loft you […]
If you’re like most people searching for DTLA lofts for sale, you know that you have to make an offer quickly. But you also have to avoid these three costly mistakes: Offering your complete approval amount Low-balling the seller Waiving the home inspection contingency Related: How long should you wait to make an offer? 3 […]
When you’re buying a loft for sale in DTLA, you’re going to see something you love – and you’re going to want to make an offer. So how long should you wait, and what’s the secret behind the timing? Here’s what you need to know. How Long Should You Wait to Make an Offer? When […]
When you’re buying a condo for sale in Downtown Los Angeles, your real estate agent will most likely talk to you about making an offer on your dream home. So should you make an offer that’s below asking price? In some cases, it’s the right thing to do. Here’s what you need to know. Should […]
When you’re buying a condo for sale in Downtown Los Angeles, you might be surprised at the prices you see. So what really affects home prices in DTLA? 3 Things That Affect Home Prices in DTLA Three big factors that affect home prices are: What’s happening in the housing market The condo’s location Other condos […]
A common real estate term you’ll hear when you’re buying or selling a condo in DTLA is “due diligence.” But what is due diligence, and what does it include? What’s Your Due Diligence in Real Estate? Due diligence just means doing your homework. In real estate, it means that you and your Realtor have explored […]
When you buy a condo or loft for sale in DTLA, your lender will probably require an appraisal. But what happens if the appraiser’s value doesn’t match the home’s sales price? Here’s what you need to know. Related: What is an appraisal in real estate? High and Low Appraisals: What You Need to Know An […]
When you make an offer on your DTLA condo or loft, your lender will most likely require an appraisal. As a buyer, these are the three things you need to know: You don’t get to choose the appraiser. You do have to pay for the appraisal. Your lender has to give you a copy of […]
When you buy a condo or loft for sale in DTLA, your lender will most likely require a home appraisal – and you have to pay for it. But what is a home appraisal, and how much does it cost? What is a Home Appraisal? A home appraisal is an official estimate of a home’s […]
When you’re searching for DTLA lofts and condos for sale, you’ll find some listed “as-is.” But what is an “as-is” home, and how would it impact your decision to buy? What is an “As-Is” Home? Real estate agents list homes “as-is” when the seller doesn’t want to make any repairs or upgrades in order to […]
If you’re like most people buying a condo or loft in DTLA, you know that buying a foreclosure can be a great way to save a little cash and get your dream home – but how does a foreclosure sale work? Here’s what you need to know. How Does a Foreclosure Sale Work? Foreclosures aren’t […]
If you’re like most buyers, it’s been a while since you last dove into the housing market. Maybe you’re looking for your first condo for sale in DTLA, or maybe you’re buying your second, third or subsequent place – but no matter what you’re doing, it’s safe to say that the mortgage market has changed […]
Most people get a case of the pre-buying jitters when a seller accepts their offer – and that’s totally normal. Here’s a quick list of the “what-if”s that might be plaguing you – and how to deal. 3 “What-If”s You’ll Encounter When You Buy a Condo in DTLA It’s totally normal to get excited about […]
Sometimes you’re excited to buy a condo and something happens… and suddenly, you know that buying it isn’t the right choice for you. But is there a way to get out of a real estate purchase contract if you’re buying a condo and already halfway through the process? Can You Get Out of Your Contract […]
When you’re buying a loft or condo for sale in DTLA, it’s essential that you visit the building at various times of day. That’s not so you can keep seeing the unit you want to buy – it’s so that you can see what happens around the area and in the building when you’re likely […]
It’s happened to all of us – we find a great condo that we love, but something big comes up and shakes our confidence in it. But when should you give up on a condo, and when should you stick it out because you love it? When Should You Give Up on a Condo? There […]
Before you buy a condo or loft for sale in DTLA, you have to familiarize yourself with the neighborhood – you don’t want to be on the hook for a home that just isn’t compatible with your lifestyle. And one thing you need to look at is whether your neighbors are likely to drive you […]
If you’re like a lot of people buying a condo or loft for sale in DTLA, you want to make sure you’re making a good investment – but what are the signs you should head for the hills? Check out this guide to make an informed decision. How Do You Know if the Condo Building […]
When you buy a condo or loft for sale in DTLA, you’re probably going to need a mortgage loan to do it – and that’s perfectly normal. However, it does mean that you’ll have a lender looking at loan-to-value ratio, and that LTV plays a role in what kind of rate you’ll get on your […]
When you buy a loft or condo for sale in DTLA with less than 20% down, you’re most likely going to have to buy private mortgage insurance. But what is private mortgage insurance, and when can you stop paying it? Understanding PMI: What is Private Mortgage Insurance? Private mortgage insurance is money you pay out […]
When you’re buying a loft or condo for sale in DTLA, you’ll most likely have to get a mortgage loan – most of us do! But that means you’ll probably have plenty of questions for your lender. Check out these three common mortgage questions so you know what you’re getting into. 3 Common Mortgage Questions, […]
The term closing costs refers to the amount of money you have to pay before you can sign the dotted line that makes a condo or loft yours. If you’re buying a condo in DTLA, you’ll end up paying some closing costs – unless, of course, the seller agrees to pay them for you. It’s […]
