Dec
18

Hows The Real Estate Around Los Angeles California?

By admin

im moving donw there to go to college, i have plenty of money to buy, but should i?
what if i buy and pay once a year so i can keep investing most of my $ ?

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2 Comments

1

The housing market will not continue to decline forever..If you have the money than it would be in your best interest to purchase all the property you can afford..
Why not invest..Wealthy people are purchasing the best deals right now because the prices are dropping..then they will sell in about 3-5 years if they want and make a nice profit..
Even if it declined for another year or two after that it will climb to record levels where it was two or three yeasrs ago..

2

Real estate is pretty expensive here.
If you can afford a down payment of about $100K, then you’re good to go. I don’t know of any lender that will let you pay annually, it will have to be monthly payments with 20% down.

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