As the following article shows renting an apartment or leasing a house or condo, prices are skyrocketing and guess what you still have nothing to show for it except receipts. As I tell my clients who are interested in Brentwood, Pacific Palisades or Santa Monica Real Estate or for that matter all over West Los Angeles if you are paying $1500 or more stop.
With interest rates in the low 4.00's ( and as I mentioned in my previous blog, that goes for conforming and jumbo) your monthly payments will get much more bang for your buck than your rental and you will get tax benefits.
Do not think because it is a sellers market and prices are high that you are priced out... It is not about the house price it is about the interest rates. Having trouble with the 20% down? There are low down programs out there. Call me at 310.505.5571 and lets discuss options to a drawer full of receipts
I am Bob Schmalz a California Licensed Real Estate Broker, I am the founder and owner of West Los Angeles Real Estate Group, handling all Real Estate needs from residential to investments To name a few of the cities we cover in West Los Angeles; Beverly Hills, Santa Monica, Brentwood , Pacific Palisades and Malibu are some of the most popular. Our beliefs are that our clients should have the knowledge they need to make decisions in there Real Estate Goals. In this way our clients helps us make the right decisions for themselves.
FIRST TIME HOMEBUYERS:INTEREST RATES BELOW 4% + LOW DOWN PA
"Dear Bob and Barbara,
I should have sat down and wrote this sooner. I hope your holidays were beautiful and the New Year has started nicely for you.
I wish to thank both of you for helping Carl and I find a beautiful home for our family. We needed to work on a budget yet we wanted something nice. We found it with your patience and support throughout the process.
I loved the way you took time to show us each category and price range. You showed us houses, townhomes, and condos. We were able to see what we could get for our money and what city or area we could get for the price we offered. You have a wonderful "eye" to see the flaws and good points of a place, and we really appreciate that knowledge.
Thank you too for our homecoming gifts, that was a personal touch.
May God bless you and your family always.
Christina & Carl Holkirk