Sometimes, it’s hard to know just where to start preparing for homeownership, especially when determining your livelihood along with what stage of life we may be in. In those cases, a little bit of wondering if we should stop renting and own a home, moving out of our parents house, or even just trying to do the dang thing, are all often great beginnings.

Depending on where you live and how housing affordability may or may not affect you plays an importance towards your aspirations too. If you live in The Los Angeles County area, you may know that we are not only faced with a housing affordability crisis but also an inventory crunch on homes available to purchase. With the two concerns tag teaming one another and going off each other’s momentum, home prices can only go one way, and that is up.

If owning a home is a permanent goal for you and not just an idea, so why not now? If its waiting to build your credit, waiting to save up for that down payment, or waiting to get that promotion, are all of those concerns temporary? Can you see your circumstances change for the better in the future? If you answer YES to those questions, why not explore your options now to see how far we need to plan to accomplish your goals or even see what options you have? You don’t know, what you don’t know. Some people are stuck saving for that down payment who can buy now but just simply doesn’t know how much $$ is needed for that down payment or even worst, not knowing where to start. If you answered, kinda-sorta to the above question, your great fico score, great income, and high down payment, or lack thereof is not preventing you from owning a home. What is stopping you, is you.

Have you considered a CoBuyer? Perhaps you and a family member or friend has the same goal wanting to own a home. Maybe 1 member has the income and the other have the down payment; can we some how work together to marry that goal? Of course, like anything in life we must weigh out our Pro’s and Con’s. Some factors we may want to consider is where will we purchase this home together? Is it nearby my workplace? Does either of us have children or a family? Are there any habits of the opposing party that I absolutely cannot live with?   Distance to workplace may or may not be a deal breaker for you but if the other person has a family or has habits that you cannot relate to, there’s still hope! How about a Duplex? Same loan, same title, but two separate living quarters? Doesn’t sound like too bad of an idea right? In the end, you know your situation best. What you will tolerate and what you wont. I am here to offer a start on your home buying journey and guidance along a way with options.

Feel free to reach out if you have questions regarding homeownership or is looking to sell your home!

Thank you for reading!

JUDY HA
direct (951) 963-4023 | cell (626) 731-4485 |fax (626) 529-0850
email  judyha19@gmail.com | web  http://www.realtorjudyha.com
CA BRE: 01884583
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