Housing
The housing market has finally levelled off, though it remains expensive compared with most other parts of the country. Until recently, houses were selling before they hit the market,...
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Renting in Los Angeles
In a city this diversified by area, common factors in choosing where to live tend to be price, view and the general vibe of the area. Many locals commute over an hour each way so they can...
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Real Estate Agents
With so many rental websites and services covering LA, most locals only turn to a real estate agent when they are ready to buy. Even then, it is possible to complete your search without...
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The Lease
A rental lease is a binding legal agreement between the tenant and landlord, and you will rarely encounter a landlord willing to negotiate the terms of your lease. If you have a roommate,...
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Main Accommodation Options
The amount locals spend on rent varies greatly in LA, and there is more to determining price than type of rental. Location and condition of the rental are major factors, so while paying...
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Other Rental Costs
Your monthly rental fee is not the only cost associated with your new digs. Before you move in, your landlord will usually request a deposit, normally equal to one month’s rent, that...
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Buying Property
If you can afford the initial investment, buying is certainly more cost effective than renting. Instead of losing your money to rent, you are investing money in your future, and home...
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Mortgages
The mortgage industry is facing a major upheaval and may be completely different by the time you arrive. To qualify for a mortgage, you must meet certain credit and finance standards. In...
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Other Purchasing Costs
When your sale closes, you will have to pay a closing cost of 2% to 5% of the sale, payable in cash. The payment is often tied into your mortgage and may cover loan fees, prepaid...
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