Three years ago, most Downtown loft seekers were first time homebuyers. Because Downtown LA home values and prices have more than doubled recently, things have changed dramatically. First timers often need a lower price and lower down payment.
Today, first-time home buyers make up less than 25% of Downtown L.A. loft and condo purchases. The good news is that lenders often have special programs for lower down payments that are perfect for first time home buyers. Watch a video that cover the basic steps of the Downtown home buying process, the Corey Chambers VIP Homebuyer Program:
Get a free hotlist of Downtown Lofts and Condos for sale for first-time-home buyers at www.AffordableLoftsLA.com
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Copyright © 2016 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, seller or developer. For more information, contact (213) 880-9910 or visit AffordableLoftsLA.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.
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