Bargain Homes For Sale
How to Find the Best Deals in Los Angeles Real Estate
Now that we are well past Halloween, it seems a bit late to talk about scary real estate topics, but this post will help buyers and investors to get the best deal and generate the best financial results, quickest equity or most profit. The concept to great financial results on a home purchase is to buy an ugly home in a good neighborhood, and then beautify it so it is worth more money. While prices are shooting, up bargains such as foreclosures are getting hard to find. But there are other good deals. Downtown Los Angeles, one of the most booming neighborhoods in the world, offers great opportunities in turning scary lofts into amazing lofts, often by simply adding some relatively inexpensive interior features.
Here is the simple concept: The scariest home in a good neighborhood can become the best investment. Why? Because you can turn the scariest home into an attractive home. Sometimes it’s very quick, easy and affordable.
One example that many home buyers don’t know about — besides location and square footage, one of the most important features to home value is windows, including natural light and view. So buy a home with great windows when possible, but that can cost an extra $5,000 per floor up for high-rise views. What many don’t know — if you buy a dark home with bad windows, you can still follow this successful concept by adding some really beautiful lighting and decor. While a big, bright window with a view is best, a lower cost loft, condo or house (perhaps with low light or with dark area in the back), by adding a beautiful new ceiling lamp that shines near a beautiful home feature or by a work of art subconsciously, a quick fix can fulfill the same desire in the buyer’s brain. A scary home really can be turned into an attractive home.
Other scary properties, such as fixer lofts and raw lofts that are currently unlivable, condos with lawsuits offer tremendous profit potential when buyers have access to all of the information about the problems and solutions. It is free to get priority access and to get proprietary real estate information on Downtown lofts and other L.A. homes for sale.
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Corey Chambers, REALTOR®
Copyright © 2015 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 necessarily associated with the home owner’s association, seller 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.