Downtown Los Angeles Lofts
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 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 […]
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, you know there are a handful of hidden costs – but what are they? Here’s what you need to know. Hidden Costs of Buying a Home Earnest money Closing costs Property taxes Homeowner’s insurance Earnest Money Earnest money is an important part of buying […]
If you’re buying a loft or condo for sale in DTLA, you probably already know you need an earnest money deposit – but what is earnest money, and where does it go once you buy the home? Let’s Talk About Earnest Money This guide covers: What is Earnest Money? How Much is an Earnest Money […]
In many cases when you’re buying a condo or loft for sale in Downtown Los Angeles, you can get your earnest money back if you cancel the transaction… but in some cases, you can’t. Here’s when you can. When Can You Get Your Earnest Money Back? First things first: Your Realtor(R) will build contingencies into […]
If you’re buying a condo or loft in DTLA, you’ll have to put down an earnest money deposit – and in many cases, if you back out of the transaction for legitimate reasons, you’ll get it right back. But there are a few cases in which you won’t get your earnest money deposit back, including: […]
