Now that 0% down financing is a thing of the past, more and more buyers are taking advantage of FHA financing. With FHA financing buyers can put at little as 3.5% down.
You may qualify for FHA financing if you;
Are a first time home buyer
Have not owned a home in 3 years
Own income property and are purchasing your primary residence
The great news about FHA financing is that FICO scores are not nearly as important as they are in conventional financing. A common misconception with FHA financing is that you will not qualify if you make too much money. That is simply not the case. My preffered lender told me last week that he is doing an FHA loan for a client making 400K per year.
I brought a client to see The Lofts on Beach yesterday. They are truly stunning, especially for those of us that love living in an open, airy and decidedly white space. It does not surprise me that in only a few months they are down to their last 3 lofts. Two are penthouses at just over 1,800 and almost 2,000 square feet. Prices are $970,000 and $1,080,000. The third is a 2nd floor unit, 1,690 square feet and priced at $799,000.
My favorite of the three is PH 303, located on the north side of the building. It has dark wood floors, a spectacular white kitchen with movable island, high ceilings and an open patio with fireplace that stretches the length of the unit....plenty of space to grow your organic veggies!
Call Brandi at 310-383-3314 to set up an appointment to view these last remaining lofts. To search the entire MLS please visit www.marinadelreyhomesonline.com
The Federal Housing and Economic Recovery Act of 2008 has created a $7500 Tax credit for first time home buyers. *First time home buyers are those who have not owned a primary residence in the last three years. *Home must close escrow between April 9, 2008 and June 30, 2009. *Home must be primary residence, no investment properties. * Income limits apply.
10 condos and penthouse units have just been completed on OceanFront Walk in Marina Del Rey.
OceanFront Walk in Marina Del Rey is a small stretch of beach between Washington Blvd. and the Marina inlet. Those in the know call this area The Marina Peninsula. There is so little inventory on the ocean front that this new collection of condos has been anxiously awaited.
The 10 units range from one, two, two plus loft and three bedrooms. The largest three bedroom unit is just over 2,000 square feet. Prices range from $1,250,000 to $2,950,000.
Features include amazing ocean views, beachfront balconies, ocean front master bedrooms, loft like penthouse units with soaring ceilings, hardwood floors and designer kitchens and baths.
Please call Brandi at 310-383-3314 for more information and to schedule a viewing.
Azzurra is one of the three buildings on Marina Pointe Drive (Maxella west of Lincoln.) Azzurra was the second of the three to be completed, and is my personal favorite.
The building is 19 stories with residences ranging from cozy one bedrooms to opulent three bedroom penthouses with over 3,500 square feet of living space.
The amenities at Azzurra make me feel like I am in a 5 star hotel. They include; Valet and Concierge service, The Nerida Joy Day Spa, roof deck with views from The Marina to the mountains, state of the art gym and Pilate's studio, gorgeous pool, and complimentary coffee lounge.
Below is a partial list of available residences;
Unit 1226, 1 bedroom, 829 sq ft, priced at $575,000
Unit 614, 1 bedroom, 870 sq ft, priced at $599,000
Unit 412, 1 bedroom, 1,088 sq ft, priced at $619,000
Unit 725, 2 bedrooms, 1,445 sq ft, priced at $839,995
Unit 1125, 2 bedrooms, 1,445 sq ft, priced at $923,900
For more information or a complete list of inventory, please call me at 310-383-3314.
The Marina Loft District is an area of Marina Del Rey just east of Lincoln blvd. and south of Washington Blvd. Before the transformation began, the area consisted mostly of commercial buildings used for Storage, Towing companies, and office space. I must admit, I am not sorry to see the tow companies go!
The Marina Loft District still looks a bit like a construction zone with buildings in differing stages of completion, but some of the projects are finished and people are moving in...When all the buildings are complete, there will be over 800 new residences.
One of the major draws to The Marina Loft District is the close proximity to the beach and marina. Both are just a short bike ride away. There is also plenty of shopping, dinning and entertainment within walking distance. You can even walk to the new Pinkberry on Lincoln. Reason enough for me to buy a new loft or condo!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
;)
;)
