More than 25% of Downtown loft purchased in 2016 have been all cash purchases. Cash buyers save about 5% to 7% on a home purchase because they are not paying interest on a home loan, and they can often pay about 1% to 2% less on the purchase price. Home sellers are likely to accept a cash buyer for slightly less money than a financed buyer because the cash buyer does not need to get approval from a lender or appraiser. A cash purchase can often be completed in 10-15 days whereas the average financed purchase takes 30 days, and some, such as FHA/VA may take 45 days or longer.
It’s an exciting new world that combines the comforts of modern luxuries, convenience of walkable restaurants, shopping, entertainment and Metro transportation with the power of historic culture and new creative energies. #homebuyer #protection
As Downtown Los Angeles continues its renaissance and transformation from blight to luxury, homeowners are just beginning to realize the fortune of their gains. Thousands of Downtowners have seen equity growth in the hundreds of thousands of dollars in just the last few years. Others quietly wait and hope for home prices to drop again before they will get in the real estate investment game. Nobody on earth can predict the economics, but we can all enjoy fresh organic flavors of Urth Caffe while pondering our next creative endeavors. Today, prospective Downtown home buyers can really relax as we take advantage of free home-buyer protections.
Renters save $600.00 off rent by upgrading to get priority access and unadvertised bargains from the L.A. Loft Tour at http://www.LALoftTour.com.
Many home shoppers are not aware of that they can beat out other buyers to the best deals by getting priority access to hot new listings, including: Downtown foreclosures, unlisted lofts, distressed properties, raw lofts, vacant condos, bank owned homes, company owned, REO, short sales, Mills Act tax savings on historic lofts, low HOA dues, low down payment and buyer protection on new loft conversions and new construction homes. While everyone can enjoy searching the internet for homes, most notice that the best deals found on the internet are gone before we get a chance to see them. This is because the very best deals are not on the internet, most of the other good deals are going to VIP buyers before they go on the web. The best free homebuyer protection programs actually include priority notifications of the best deals often 3-10 days before they are uploaded to the internet.
Home buyer protection also helps buyers get a lower price and better terms by placing the buyer’s interests above the seller’s interests. The programs allow the buyer to get all of the information, the pros and the cons, on the property so that the buyer will know what they are buying ahead of time, and be more happy after the home purchase. And to make sure that happens, a free warranty and “Love Your New Home” Guarantee are sometimes offered.
Access unlisted units, pocket listings and unadvertised bargains Lower price Better terms Placing the buyer’s interests above the sellers interests Free home warranty Home report with pros and cons, good and bad Love Your New Home Guarantee
Get more information on the free homebuyer protections. Fill out the online form: