Month: July 2016

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New On The Market 1,900 Sq Ft Loft For Sale 360 W Avenue 26 Lincoln Heights Los Angeles

Check out this extra huge 2-level Puerta Del Sol loft at 360 W Avenue 26 with lots of urban chic, extra high ceilings and low HOA dues.

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It’s got wide open space with palatial high ceilings, windows, windows and more windows bringing in vast amounts of natural light. 2-story upstairs mezzanine bed area. Almost new construction. Next door to the Lincoln Heights Metro Station near Downtown Los Angeles and Elysian Park. Low HOA dues and by far the lowest price on a loft this size in Los Angeles.

Call Corey (213) 880-9910 and get more lofts with low HOA dues. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA  [MAP]

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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 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.

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HOA Special Assessments by Downtown Los Angeles Loft Homeowners Associations

Special assessments can happen unexpectedly to home owners of condominiums.

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An unknown expense is difficult for a homeowner to budget for, which can be challenging to pay for.  A Homeowners Association board can at any time decide that they need more money for maintaining, repairing and replacing equipment or other features in all the common areas. To pay for the costs of the common area upkeep, the HOA normally collects periodic dues from each homeowner, but this may occasionally not be enough, and therefore a special assessment may be initiated.

cp-ad-buyer-mistakes-150116Higgins Building homeowners have recently decided that a special assessment is required to maintain and correct the construction problems with the original facade of the building, which has been crumbling and falling down onto the sidewalk below.  The assessments may be for as much as $20,000 to $25,000 per unit.  The exact dollar amount is unknown, as is the payment plan.

Sometimes homeowners insurance can cover some special assessments.

Prevent home-buying mistakes before searching for a home. Fill out the online form:

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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 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.