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Home Ownership Made Easy in Los Angeles or anywhere else!

By
Real Estate Agent with Berkshire Hathaway HomeServices California Properties 01238708

Home Ownership Made Easy in Los Angeles or anywhere else: Advice to first time home buyers.

When considering buying a home for the first time in Los Angeles or anywhere else, you need to answer these questions.

 I have noticed that many people have been inundated with dubious or bad information. Ironically this is not just coming from the media, but relatives and friends as well. So how do you make heads and tails of all the misinformation out there?

first time home buyers in Los Angeles, Endre Barath

Are you aware that Fannie Mae did a National housing survey in 2011 and discovered that the four biggest reasons why people buy a home, has nothing to do with money: 1. they want a place where they can raise their family and feel safe, 2. they want plenty of living space, 3. They want to have control of their space and 4. They want a place where they can raise their children and family.

first time home buyers in Los Angeles, Endre Barath

To help you, I would recommend ask yourself this one important question:

Does buying really make better sense, rather than renting? My advice is forgetting the financial benefits for a moment, focus on: Why did you first begin to consider purchasing a home?

 I will give you an example:  My father was renting most of his life. As he was getting different landlords certain things started to annoy him. These were some of the landlord complaints that started to get to him “why do you always laugh so much?”, “no you are not allowed to put holes in the wall to hang paintings”, “your son should not be typing after 10pm it is disturbing us”, “No you cannot put an Air-conditioning in the window” Anyway you get the picture, he got fed up of following various rules and policies, so he decided he wanted to be the one making the rules.

 Getting the right answer is easy:  Search your soul and find out what your long term goals are. Then take the answers, review and analyze and sleep on your decision. Once you did all that, you will know that you have the right answer for your situation. Then you are ready to buy and you will know why you want to buy a home.

Then and only then, get a seasoned knowledgeable Realtor and discuss your situation on how to achieve your goal of home ownership.

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations

 

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Congratulations on the featured post. I hope renters will read it and call you to help them  buy a house.

Jul 23, 2012 08:32 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

We agree that getting "a seasoned knowledgeable Realtor and discuss your situation on how to achieve your goal of home ownership" is the best way to start the home buying process!

Jul 23, 2012 10:27 PM
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

This is  a well-deserved feature, Endre.  Doing the soul-searching early, and then finding a "seasoned knowledgeable Realtor" makes great sense.  Smart post!

Jul 23, 2012 10:47 PM
Rob Spinosa
US Bank - Larkspur, CA
Mortgage Loan Originator, Marin County

Great post.  My own personal experience also supports the "non financial" motivation to become an owner.  I just felt ready to buy and begin that phase of my life and, looking back, it was one of the best and most progressive things I've ever done.

Jul 23, 2012 10:56 PM
Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA

Congrats on the feature.  :)  What a great post. . . you are so right, it's not about the "money" there is another reason and it's our job to try to find out that reason and appeal to it! 

Jul 23, 2012 11:07 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

To decide to put down roots is a serious subject deserving of a detailed look...good post

Jul 23, 2012 11:26 PM
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Great post Endre! There certainly are some benefits of owning a home vs being a renter. But remember, "with great power, comes great responsibility"

Jul 24, 2012 12:12 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Good morning, Endre -- so true in Los Angeles and throughout the country, it's more than hundreds of thousands(or millions) worth of equity -- it's a place you can call YOURS.    Congrats on the gold star -- definitely worth it!

Jul 24, 2012 12:16 AM
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

I love it when young people make the decision to buy instead of listing to all that noise from renting neighbors.  Peace and quiet has become very important.

Jul 24, 2012 01:46 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Endre - Great information for buyers to consider when they are in the market to buy a home.  The question "Why you are buying" is the key to buying the right home at the right time!

Jul 24, 2012 02:57 AM
Jennifer Chiongbian
Specializing in all types of Manhattan apts & townhouses - Manhattan, NY
Real Estate Broker - NYC

Congrats on the feature Endre!  We had people here that were renting and go annoyed at being bullied by landlords 15% rent hikes that ended up looking into purchasing to stop this nonsense.

Jul 24, 2012 05:28 AM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living
Hi Endre, you are right, home buying is a decision that needs to be made for the right reasons. Good job in getting your point across and congrats on the feature!
Jul 24, 2012 08:06 AM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Endre, you make really good points for homeownership which has more to do with freedom than money. Kudos! Congratulations on well-deserved feature,

Jul 24, 2012 08:08 AM
Rene Fabre
ARFCO Media - Renton, WA
Practicing Philosophical Eclectic of the Arts

Great points my friend. I've never considered any of my homes a commodity purely for the reason of making money at it. They always served a higher purpose to me. A place the kids would love and enjoy etc. To me, buying always makes sense!

Jul 24, 2012 09:42 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gita hopefully they will:)

Sheila & Larry once the Motivation is focused yes then it is a must to consult with a Realtor!

Ron, you are right the key is a knowledgeable Realtor!

 

Jul 24, 2012 11:33 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Rob, I find it so consistent, most people think they are making a business decision....when they find "the right home" it becomes emotional again ironically there are very few  who are not attached to the outcome type buyers!

Joy the faster we get to the bottom of it the sooner we can help our clients!

Jul 24, 2012 11:49 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Richie well said it is a serious subject to most people it is their biggest decision outside of family decisions!

Will how appropriate I must remember that phrase!

Jul 24, 2012 12:01 PM
Digital Digital
Alachua, FL
full service

Hi Endre,

Congrats on the feature.

Well done blog, I strongly agree with you that most first time buyers purchase a home for safety, independence and comfort.

 

Jul 24, 2012 01:56 PM