If you’re buying a loft or condo in downtown Los Angeles, you’ll likely buy something in a community that has a homeowners association, or HOA. But what should you know before you make an offer in a building with an HOA? 3 Things to Know Before You Make an Offer in a Building With an […]
What is a Homeowners Association?
If you’re like many buyers looking at homes for sale in downtown Los Angeles, you’ve probably learned a little about homeowners associations, or HOAs – but what are they, and what do they do? What is a Homeowners Association? A homeowners association is a group that requires membership if you live in a certain building […]
Expenses Homeowners Have That Renters Don’t
If you’re buying a loft for sale in downtown Los Angeles, you’ll have to keep in mind that you’ll pick up a few added expenses that most renters don’t have – but what are they? Expenses Homeowners Have That Renters Don’t Property taxes Homeowners insurance Maintenance HOA dues Property Taxes When you own a condo […]
3 Tips for Homebuyers in Little Tokyo
How to Estimate How Much House You Can Afford
Most people buying a loft in DTLA have to crunch some numbers to figure out how much home they can afford – even if they’re currently renting, because owners incur different costs than renters do. So how do you estimate how much house you can afford? How to Estimate How Much House You Can Afford […]
What is an FHA Loan?
What Are Conventional Loans?
What Goes Into Your Credit Score?
What Credit Score Do You Need to Buy a Home?
What is an Appraisal in Real Estate?
What is an Abstract of Title in Real Estate?
Can You Negotiate Mortgage Rates?
When you’re buying a condo in DTLA, you can – and should – shop around for the best possible mortgage rates. But can you really negotiate with a lender? Negotiating Lower Mortgage Rates For most people, buying a condo involves getting a mortgage loan. Like any large purchase, you should shop around so you get […]
What is a Short Sale?
When you’re buying a condo for sale in DTLA, you’ll probably see real estate listings for “short sale” properties – but what are short sales, and should you think about buying one? What is a Short Sale? A short sale occurs when a condo owner who’s financially unable to pay his or her mortgage strikes […]
What is a Homeowners’ Association?
When you buy a condominium, you’re obligated to join the community’s homeowners’ association, or HOA. But what is an HOA, and how does it work? What is an HOA? A homeowners’ association is a group of individuals – usually elected – who charge you a set fee for membership. That fee then translates into grounds […]