How to Save $70,000 When You Buy a Loft

Here’s how to save lots of dough when purchasing a loft, condo or house. Find a slightly run-down property with messy tenants in place. Visualize how beautiful the place can be after saving lots of money on the final sale price. Most other buyers will be unable to visualize the potential of the property, thus reducing the price. If possible, buy during a time of economic crisis, such as during a recession, panic or economic depression when competing buyers are less active. Ask the seller if they have received other offers, and inquire into the nature of those offers, if any. Place an offer that makes economic sense. Don’t fall in love with “the one”. Place lower offers on several properties, drive a hard bargain, and go into escrow on a really great deal. After the inspection report arrives, negotiate a lower price. If there are any other unusual issues, expensive repairs, strange defects, mold or anything wrong with the neighborhood or economy that may affect the price now in the future, ask the seller to reduce the price further. Enjoy beautifying the home using all of the money saved, and enjoy living in the fixed-up dream home. #fixers #losangeles #lofts

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BARGAINS — LOWEST PRICES. THESE HOMES NEED WORK.

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After being fixed up, the value goes way up.

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.

Warehouse Loft LA

Raw warehouse loft

Reader Questions: #warehouse #loft | Blog Video

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Q: Where can I find a warehouse loft in LA? A: Warehouse and industrial style lofts can be found on the Loft Blog at https://www.laloftblog.com/2019/10/20/warehouse-lofts-for-rent/ and also at https://www.laloftblog.com/?s=warehouse+loft

Q: What (# of things) can a seller do to come out on top in a buyers market? If you have to be more attractive to a buyer how do you conserve your equity by offering buyers attractive terms or perks? A: That’s quite a question. We’re now in a buyer’s market, but most people are not yet aware of that, so we’re also in a bit of a paralyzed market due to the ongoing virus panic and flu hysteria being propagandized by unscrupulous politicians and desperate panic-peddling news media. We’re also in the Greater Depression of 2020. Downtown area home prices are down $23,000 in July compared to the same month last year. Sellers will likely get significantly more money for their home today than in a year from now. Area home prices are expected to drop an additional $23,000 by that time. Today, big city real estate inventory is growing while the number of urban home buyers is shrinking. Loft sellers must stage the home to stand out from the crowd, and price the home just right. Sellers should offer to pay for a free 1-year home warranty, and sellers may stand out by offering to pay for some of the buyer’s closing costs. Above all, sellers can get the most money, fastest, with the least hassle when the listing agent offers to buy the buyer’s current home so that the buyer can buy the seller’s home. Details at www.ChambersGuarantee.com

Get a free list of warehouse lofts for sale or for lease. 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
Raw warehouse loft

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.