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How Do You Know if the Condo Building You Want to Live in is a Good Buy?

How Do You Know if the Condo Building You Want to Live in is a Good Buy

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 You Want to Live in is a Good Buy?

Sometimes there are red flags that let you know you’re not making a solid purchase – but you need to know what to watch for. When you’re scoping out a new building, look at:

  • How many condos or lofts are currently for sale
  • The school system’s grade
  • You see empty storefronts on the streets nearby

How Many Condos or Lofts Are Currently for Sale?

If half the condos or lofts in a building are currently for sale, that might be a sign that it’s not the right place for you. Why is everyone selling? There has to be a reason.

What Grade Does the School System Get?

Even if you don’t have kids, a lot of experts say that you should look at how good a school system is before you make a home purchase. Your Realtor(R) can’t tell you if the schools are “good” or “bad,” but you can do your own research to find out if a school system near the home you want to buy is serving its students well. If you later want to sell to a family, they may also be interested – and for some people, schools make or break a deal.

You See Empty Store Fronts

If the area around the building you’re looking at looks more like a ghost town than a thriving community, it may not be the right choice for you. While there’s something to be said about peace and quiet, empty storefronts can fall into disrepair and signal that a neighborhood is on the decline.

Are You Buying a Loft or Condo  for Sale in DTLA?

Call us at 213-254-7626 or get in touch with us online to start exploring your options when you want to buy a loft or condo in downtown Los Angeles.

While you’re here, check out our:

  • DTLA Arts District lofts for sale
  • Historic Core lofts for sale
  • DTLA Little Tokyo lofts for sale
  • Bunker Hill lofts for sale
  • City West lofts for sale
  • South Park lofts for sale
  • Fashion District lofts for sale
  • Financial District lofts for sale

Posted in: Blog, Buyers, Condos Tagged: Buying a Home, Condo, Neighbors

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Did you know the hottest Downtown Los Angeles Lofts often sell within days of being listed? Don’t miss out! Set up your own custom property alert so you can be notified of the newest homes as they hit the market! Simply click the button below and choose the qualities that you want most in a home and save your search to start getting alerts today!

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As a local Downtown LA Real Estate Agent I also have access to homes before they hit the market and can show you more homes and information that are only accessible in the MLS. If you would like to set up a time to go over your real estate needs, please free to contact me at your convenience. There is no obligation and or pressure… I hope to hear from you!

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For Lease: DTLA NY Style Studio in The Rowan (Just $2,275 per month)

  Perfect NY Style studio loft or Downtown Pied a’ Terre for lease in the Old Bank Districts’ booming Historic Core! Welcome to the renowned Rowan Bldg where the highly walkable Spring Street Revival has become the International focus of developers everywhere. Via 4 original oversized mahogany windows, this super bright, east-facing gem allows in […]

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The RandelleGreen Group

Downtown LA Lofts and Condos

213-254-7626
green@therandellegreengroup.com

Downtown LA Lofts & Condos
Los Angeles, Ca 90015

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