Buy a Home

There are currently 6 blog entries related to this category.

homebuying myths keeping renters from buying

Renting is the worst. Every month it feels like money being thrown out the window. In Los Angeles, it is getting worse as rents keep increasing and renters are not moving. Only one thing will change this: more rental units become available. This can happen by either developers building more rental buildings, which is being fought by many residents for various reasons (some valid and some ridiculous). Or as renters become home buyers, their former rental will become available for a new tenant. One problem we have seen lately is renters who are hesitant to buy because they have been discouraged by various homebuying myths. We are here to shed some light on some of these myths keeping renters who want to buy from achieving their dreams. I've heard many

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Buying a Home with a mortgage paperworkBuying a home is the biggest purchase most people make in their lifetime. The emotional toll it can take on someone is huge! But for the people that help make that dream a reality (Realtors, lenders, escrow officers, etc.) it is our business. We have to take emotion out of the transaction to get the job done and get the buyer the home of their dreams or help the seller move on to the next chapter in their life. In order for us to do our jobs, we need the buyer and seller to do their jobs. In the buyers case, we need them to get organized, get ready to let strangers pry into their private financial life (especially when buying a home with a loan), and be ready to sign and send every piece of paper we ask for. As a buyer, being aware of their schedule and

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Buying a fixer in Los AngelesNo matter the situation, every buyer wants a deal. I use the word "deal" subjectively, since a deal to one buyer may not be a deal for another. When purchasing a home, one approach to getting a deal is to buy a turnkey home in area that has not yet gentrified (In Los Angeles, think parts of Echo Park and Highland Park). While you will get more bang for your buck being an urban pioneer, the huge financial upside of this approach is lost if the neighborhood does not turn the corner. Buying a fixer in an established area like the Hollywood Hills, Beverly Hills, or Bel Air is another way buyers can find a deal (and build immediate equity) in the current real estate market.

In today's market, fixer properties are highly desired by both developers who want

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The mistakes home buyers make have been written about hundreds, if not thousands, of times. The old saying "write what you know" may be the reason every real estate professional has written a blog post on the mistakes you should avoid when buying a house. Why? Because every real estate agent has worked with both first-time home buyers and experienced buyers and almost all make similar mistakes.

The standard buyer mistakes agents write about can cost you big: Either by losing the home you love or forcing you to shell out more money at time when the fees and charges seem to keep coming one after another. These well-documented mistakes you've probably read about include the following:

  • Mistakes home buyers make: buying near a tourist attractionThe buyer did not speak with a lender so she doesn't know what
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Are property taxes a deciding factor in where to buy a home in Los Angeles? For many people, it would not be practical to make property tax a major deciding factor or else everyone would move to a much different LA---Louisiana---where the property tax is the lowest in the nation. Assuming you are not moving to another state because of their low property taxes, let's discuss Los Angeles property tax, particularly in the Westside communities.

When buying property, many buyers chose an area based on convenience to their work and social activities, good school district, lifestyle, and/or affordability. Part of considering what a buyer can afford is knowing how much the property tax is going to cost, but more as a part of the total expected monthly costs of

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East-facing room from the Bird Streets neighborhood of the Hollywood Hills

Homeowners, or soon-to-be-homeowners, typically want light. Natural light. And lots of it. But not all sunlight is equal.

While visual artists and art collectors are astute to lighting and how pieces of art, whether in the creation or display stage, will react to and be influenced by lighting, sunlight should be something every homebuyer considers. Especially since it is not as easy of a change as painting the walls or tearing out carpets.

Direct lighting can create drama and foster anticipation to discover a space, while diffused lighting can establish a sense of peacefulness and calm. And, in some cases, lighting, or the lack thereof, can cause us to strongly dislike a room we would otherwise find appealing. Light profoundly influences how a

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