Rent a Loft in Los Angeles, Alta Lofts Homeowners Association HOA home owners association in the Arts District and 2-Story

READER QUESTIONS | Blog Video

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Many L.A. Loft Blog readers have been asking about two story loft condos and apartments this week. Alta Lofts have a substantial number of 2-level lofts, but none of them are for sale or lease at the moment. An amazing 2-story loft was purchased at Alta recently, and the buyer got a super deal because they smartly turned the panic into their advantage.

Q: Where can I rent a loft in Downtown Los Angeles? A: Here are some helpful links for those who’d like to rent a loft:

http://www.laloftblog.idxbroker.com/i/downtown-los-angeles-lofts-for-lease

Q: How can I reach the Alta Lofts Homeowners Association? A: That’s a good question. Several Alta homeowners have reported recently that they cannot even reach their own HOA manager, so best of luck to you. We do have the Alta HOA contact information for you on the Downtown Condo Homeowner’s Association Directory at www.HOADTLA.com

Q: What lofts are available in the Arts District? A: Here are some links to lofts in the Arts District For Sale and For Lease

https://www.laloftblog.com/2014/01/16/arts-district-in-downtown-los-angeles/

Q: Which buildings have 2 story lofts? A: Here are links to loft, condo and apartment buildings with multi-level lofts, upstairs mezzanine bed areas etc.

More downtown Los Angeles home sellers are growing in motivation every day, opening up new opportunities for home buyers and investors to save $50,000 to $100,000 or more. Get FREE privileged information and priority access to Downtown Los Angeles unlisted lofts, condo pocket listings, raw lofts, fixer uppers, private listings, foreclosures, short sales and distressed properties. Fill out the online form:

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Alta Lofts Los Angeles Real Estate Bankruptcy Sale, Foreclosure or Forbearance

Forbearance is all the rage in 2020.
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Alta Lofts unit #619 at 200 N San Fernando Rd has just come onto the market as a bankruptcy sale. It’s on the top floor, with views of Elysian Park. Check it out. #forebearance #backruptcy #foreclosure | Blog Video

As homeowners struggle to make mortgage payments in the midst of corona-panic, stress in the real estate market is showing up, but not in the way one might expect. Rather than foreclosure, other options are currently being chosen. Lenders, banks and loan servicers don’t want to foreclose these days. Lenders got screwed over when they foreclosed and repossessed in 2012 because the lenders ended up auctioning or selling too many REO bank-owned properties at the bottom of the market, at a big loss to the lenders. Today, they’re using a different approach.

Forbearance is the latest thing. Instead of foreclosure, distressed property owners are being encouraged to weather the economic storm, or else to file for bankruptcy. 8.8% of US mortgages are already in forbearance. That’s about 4.7 million mortgages. By the end of June, around 10% of mortgages are expected to be late, and under forbearance. Hans Bruhner of Finance of America Mortgage and the Sonoma County Gazette remind us to approach forbearance cautiously, and ask questions.

Reader Questions:

Q: Does alta lofts los angeles have floor plans? A: Request a free Alta Lofts floor plan from the L.A. Loft Blog DETAILS

Get the free report on forbearance and bankruptcy sales. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking
Forbearance is not forgiveness. The home owner must usually make bigger payments later.

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE 01889449 We are not associated with the homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.