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Hot Affordable Properties in Los Angeles - eReport

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Real Estate Broker/Owner with Omega

Omega Cap eReport - Hot Properties - 3.13.2009

 

This Weeks Hot Properties - Week of March 13, 2009
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Good or Bad, we know the economy is affecting everyone. However, the facts remain people are trying to snap up whatever properties they can afford to add to their financial wealth. Despite the tough economy and even going back several years ago people of all types were/are purchasing property. The trick is, while most would like to own property, the simple notion of credit or down payment puts the brakes on any thought of completing the deal. Instead, others with similar or less credit, or with similar or less money grab deal after deal - right before your eyes. Here's the trick - COMBINE YOUR RESOUCES. Even you can't go solo......get 1, get 2, get 3 or whoever many are necessary to complete the transaction WITH you. There is no law that each property must only have one applicant. CREDIT - DOWN PAYMENT - COMMITMENT For Those who want to purchase a property the 3 biggest hurdles are:
  • Credit - You do not need perfect credit, but you can't have bad credit either. Bottom line you need to show a history of paying the majority of your bills on time. While some promote your credit is not being of a deal, UNLESS THE OWNER IS CARRYING BACK THE NOTE, you will need a minimum FICO score of 580.
  • Down Payment - While there are many programs available, your best bet is to prepare yourself for a minimum of 3.5% towards your down payment, unless you are able to go VA where No Money Down is needed.
  • Commitment - Assuming you have decent credit and the down payment, it all boils down to are you prepared to make a commitment and go through the process.
Fredy (Fred Thomas, III) & Team Omega Capital Financial, Inc.
 

TODAY'S HOT LIST Property Status: LISTED (available for sale now)

PRIVATE Anyone looking for a Duplex or Units to help offset the mortgage?

2703 S. La Salle Avenue - Los Angeles, CA - 2 Units - Price to be posted

2641 S. Harvard Blvd. - Los Angeles, CA 3 units - $446,000

FREDDIE MAC (FHLMC) HOMESTEPS Property Status: LISTED (available for sale now) Zip Code: 90001 Loan: 329097946 Address: 6414 CONVERSE AVENUE, LOS ANGELES, CA Rooms: 2 Bed: 1 Bath: 1.0 Price: 78,900.00

Zip Code: 90002 Loan: 329073087 Address: 2018 EAST 105TH STREET, LOS ANGELES, CA Rooms: 6 Bed: 2 Bath: 2.0 Price: 122,500.00 Loan: 328847739 Address: 10517 LOU DILLON AVENUE, LOS ANGELES, CA Rooms: 7 Bed: 3 Bath: 2.0 Price: 132,900.00 Loan: 461166666 Address: 728E 107TH ST, LOS ANGELES, CA Rooms: 10 Bed: 4 Bath: 2.0 Price: 163,900.00

Zip Code: 90018 Loan: 438692845 Address: 3773 S LA SALLE AVE 1469 EXP, LOS ANGELES, CA Rooms: 6 Bed: 2 Bath: 2.0 Price: 239,900.00

Zip Code: 90044 Loan: 461793776 Address: 519 W 101ST ST, LOS ANGELES, CA Rooms: 3 Bed: 2 Bath: 1.0 Price: 99,900.00 Loan: 050090925 Address: 531 W 89TH STREET, LOS ANGELES, CA Rooms: 6 Bed: 2 Bath: 1.0 Price: 168,900.00 Loan: 467725411 Address: 622 WEST 110TH STREET, LOS ANGELES, CA Rooms: 6 Bed: 3 Bath: 1.0 Price: 169,900.00 Loan: 332480828 Address: 1035 WEST 104TH STREET, LOS ANGELES, CA Rooms: 7 Bed: 3 Bath: 2.0 Price: 199,900.00

Zip Code: 90047 Loan: 442677448 Address: 1547 W 71ST STREET, LOS ANGELES, CA Rooms: 5 Bed: 2 Bath: 1.0 Price: 119,900.00 Loan: 294232362 Address: 1434 - 1436 W 69TH STREET, LOS ANGELES, CA Rooms: 5 Bed: 2 Bath: 2.0 Price: 144,900.00 Loan: 506315754 Address: 6401 SOUTH VAN NESS AVENU, LOS ANGELES, CA Rooms: 6 Bed: 3 Bath: 1.0 Price: 154,900.00 Loan: 331151073 Address: 8901 RUTHELEN STREET, LOS ANGELES, CA Rooms: 8 Bed: 3 Bath: 2.0 Price: 239,900.00

Zip Code: 90605 Loan: 320944425 Address: 13957 DICKY STREET, WHITTIER, CA Rooms: 9 Bed: 4 Bath: 2.0 Price: 237,900.00 Loan: 079966780 Address: 8850 CALMOSA AVENUE, WHITTIER, CA Rooms: 7 Bed: 3 Bath: 1.0 Price: 275,900.00

Zip Code: 91767 Loan: 421244682 Address: 208 E MAGNOLIA ST, POMONA, CA Rooms: 4 Bed: 2 Bath: 0.5 Price: 104,900.00 Loan: 475731506 Address: 1349 EAST KINGSLEY AVE, POMONA, CA Rooms: 6 Bed: 3 Bath: 1.0 Price: 159,900.00 Loan: 468154035 Address: 1868 NORTH SAN ANTONIO AVENUE, POMONA, CA Rooms: 5 Bed: 3 Bath: 1.0 Price: 164,900.00 Loan: 485540967 Address: 1313 BREWSTER DRIVE, POMONA, CA Rooms: 5 Bed: 3 Bath: 2.0 Price: 179,900.00 Loan: 351165770 Address: 2417 MOUNTAIN AVENUE, POMONA, CA Rooms: 5 Bed: 3 Bath: 2.0 Price: 214,500.00 -------------------------------------------------------------------------------- Property Status: NOT LISTED (coming soon to the market)

Zip Code: 90605 Loan: 332090981 Address: 12434 S WOODRIDGE AVENUE, WHITTIER, CA Rooms: 0 Bed: 0 Bath: 0.0 Price: 0.00 Rooms: 8 Bed: 3 Bath: 2.0 Price: 239,900.00

Zip Code: 90605 Loan: 320944425 Address: 13957 DICKY STREET, WHITTIER, CA Rooms: 9 Bed: 4 Bath: 2.0 Price: 237,900.00 Loan: 079966780 Address: 8850 CALMOSA AVENUE, WHITTIER, CA Rooms: 7 Bed: 3 Bath: 1.0 Price: 275,900.00

Zip Code: 91767 Loan: 421244682 Address: 208 E MAGNOLIA ST, POMONA, CA Rooms: 4 Bed: 2 Bath: 0.5 Price: 104,900.00 Loan: 475731506 Address: 1349 EAST KINGSLEY AVE, POMONA, CA Rooms: 6 Bed: 3 Bath: 1.0 Price: 159,900.00 Loan: 468154035 Address: 1868 NORTH SAN ANTONIO AVENUE, POMONA, CA Rooms: 5 Bed: 3 Bath: 1.0 Price: 164,900.00 Loan: 351165770 Address: 2417 MOUNTAIN AVENUE, POMONA, CA Rooms: 5 Bed: 3 Bath: 2.0 Price: 214,500.00 --------------------------------------------------------------------------------

HUD HAS SOME PROPERTIES AVAILABLE FOR $100 DOWN. EVEN THOUGH THERE ARE LIMITATIONS FOR THE RIGHT PERSON THIS COULD BE THE BREAK THEY'VE BEEN WAITING FOR

HUD HAS SOME STEALS IN LOS-ANGELES COUNTY - IF YOU ARE INTERESTED IN LANCASTER/PALMDALE LOS-ANGELES 197-347396 20066 Canyon View Drive CANYON COUNTRY, CA 91351 $66,600 3/2 197-347728 20257 Edgewater Drive CANYON COUNTRY, CA 91351 $104,400 2/2 197-160700 43716 E. 22nd Street LANCASTER, CA 93535 $70,500 3/2 197-350993 42836 Willow West Ct LANCASTER, CA 93536 $151,000 4/2 197-359784 1833 E Avenue J-4 #6 LANCASTER, CA 93535 $95,000 3/2.5 197-366191 3609 E Ave H-2 LANCASTER, CA 93535 $142,500 3/2 197-215455 45333 18th Street East LANCASTER, CA 93535 $100,800 3/2 197-346412 758 E Pillsbury Street LANCASTER, CA 93535 $96,500 3/2 197-351817 44623 Foxton Avenue LANCASTER, CA 93535 $60,000 3/1 041-844732 9169 East Avenue S-10 LITTLEROCK, CA 93543 $74,000 3/2 197-362329 1143 West 111th Street LOS ANGELES, CA 90044 $260,000 3/2 197-352356 20076 Shadow Island Drive # 282 SANTA CLARITA, CA 91351 $86,100 ALL OFFERS WILL BE CONSIDERED 3/2 FANNIE MAE

(FNMA) PROPERTIES COMING SOON

LOS ANGELES COUNTY HERO PROGRAM
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