SoCal Homes for Sale

[ByronTRodz]

FYI,
I come across some really good Real Estate deals almost daily. There are homes all over Southern California for very reasonable prices. Just today I located a few good homes for first time home buyers. Here are the details just to name a few:

I found a 3 bedroom 1 bathroom home near Rosecrans & Wilmington for $289k and I also found a few 2 bedroom 1 bathroom homes near El Segundo & Wilmington for $290k.

Theses types of homes are great starter homes and rental properties. I also get a daily report reflecting every Foreclosure, Bank Owned Sale, and Court Auction in California.

Now I checked with one of my Lenders and they advised me that based on a $300k sales price one can expect mortgage payments as low as $1800 with no money down depending on credit scores, income, etc. Some of these homes also qualify for special government financing programs.

It's a buyers market right now so it's a great time to buy.
Call me if you're interested in making your own mortgage payments as opposed to your landlord's.

Byron

[magic..]

Wow ...that is good .Damn, moms paid 310k for a 1967 home out here in chi .Thats it im going to have her move lol...Good stuff byron.I been trying to tell my wife  to move out to the bay out in hayward california but she wants to wait till her son is older  :evil:  ...ill be sure to look you up when i do decide to move back home .

[FerNie Rox!]

Don't think Cali is cheap, rent and mortgage is over the roof, Im surprise there are still houses for 300. Byron are you sure these are not wired with explosives?

[ice]

I bought a year ago for $380k and got a deal cuz we knew the lady and the bank was going to forclose on her...Just did a refi this month and my home is work $513k.....homes prices are coming down some...but banks are not throw loans out like there were 2 years ago...

[ByronTRodz]

Don't think Cali is cheap, rent and mortgage is over the roof, Im surprise there are still houses for 300. Byron are you sure these are not wired with explosives?

Fern,
These are not former Al-Queda safe houses... but they're not in Beverly Hills either.  :shock:

I bought a year ago for $380k and got a deal cuz we knew the lady and the bank was going to forclose on her...Just did a refi this month and my home is work $513k.....homes prices are coming down some...but banks are not throw loans out like there were 2 years ago...

If anyone else wants to join Iceman and take advantage of the benefits of home ownership, call me!

[ByronTRodz]

Hey everyone,
Read this interesting article entitled: Estate Sales - Market downturn creates opportunities for home buyers...

http://www.hispanicbusiness.com/news/newsbyid_links.asp?urlid=379&id=58746&cat=Magazine&more=/magazine/

There are some very informative tips, statistics, and market predictions in the article that everyone should know about. Good stuff!

[el mero mero]

bryon...thank you for all the info and help you have given out to me and the crew...

if u guys think la is expensive, try ventura county...lol

[Notorious]

DAMN... you could buy a block out here for some of those prices!

[magic..]

DAMN... you could buy a block out here for some of those prices!

I agree big time ....i was amazed how my wife drove me around the big time houses was at and looked at the market for some that was for sale ....you could buy a big ballers house for under 3k when in cali,chi or n.y it will cost you over a mill for sure .I think my brother is buying a crib in farmers branch tx or some hood name like that to profit from it ,he has been living  in the bay area all his life and said life will cost you a shit load of paper now and days in san fransisco....

[Speed Junke]

Any spots in Huntington Beach, I'm ready to buy.

[CORONA]

In my opinion, the housing market is a mess to say the least.... hope no one bought into the hype.... some used to say the housing market would recover by the end of the year.... now, just several months later.... most say its gonna be several years before things turn around... which means... more than likely, time is on the buyers side... since house prices are not expected to go up this year.... only stay flat or may go down further....

[crzysurf]

Price  Vs. '06  Sales  Vs. '06  
Los Angeles  $547,500  +5.3%  6,809  -23.0%  
Orange County  $640,000  +0.0%  2,391  -19.8%  
Riverside $399,000  -3.9%  2,769  -41.9%  
San Bernardino  $355,000  -3.1%  2,008  -42.6%  
San Diego $489,000  -2.2%  3,106  -13.3%  
Ventura  $582,500  -5.1%  784  -16.7%  
All So. Cal.  $505,000  +3.7%  17,867  -27.4%

[Double_G]

houses suck everywhere, if a house is in LA for under 300k, i'd love to see it cause it must be a shack,

I'm not willing to pend half a million on a 3br box in LA. but i dont want to suffer and have to be stuck there forever buy buying a mansion for 300k in texas.

what is a young fellow to do?  whoooaa is me

[CORONA]

http://www.mrmlsmatrix.com/DAE.asp?ID=4096109-53777506-50

Sales are down in most places, lending is tighter nationally....meaning it is harder to get a loan... especially if its a Jumbo loan... which is a loan greater than 417k.... and most of socal costs more than that.... if your a buyer now... there's much to choose from, but its harder to get a loan...without paying really high interest, which will generally push most out of their price range, unless you have great credit and money to put down.... generally, to determine a rough estimate of what you can afford, just multiply what you make in a year by 3 or 4 max.... thats what you probably can afford without getting into some exotic, or "toxic" loans..

[Double_G]

damn i cant live in cali, thanks alot nick for the shocking hurtful reality check. lol