11/12/2020
Hold your coffee, tight. This is not a drill! You can own this home for $10,000!
Immaculate loft style, warehouse influenced condo in Downtown Long Beach, CA. for $299,000! Big windows throughout, amazing sunlight, exposed pipes, central air, laundry in unit, custom window coverings, original hardwood floors, upgraded modern kitchen + bathroom, walk in closet, designer lighting, blocks away from the ocean, bars, restaurants, and tons more.
Property Details:
• 1 bedroom
• 1 bathroom
First Time Buyer? Let’s make it simple. Have you ever heard of the FHA Loan?
The FHA Loan is marketed towards first time buyers and makes it easy for new home buyers to become homeowners quicker than they would’ve ever imagined. FHA allows for borrowers to purchase property in California up to $1 million dollars. This includes - condos, single family homes, and multi family dwellings (duplex, triplex, etc)
FHA Loan Requirements:
• 18 years old +
• 580 minimum credit score
• 3.5% down payment of purchase price.
Financial Example —
Purchase Price: $299,000
Down Payment: $10,465
Monthly Mortgage: $1,430 (aprox)
Think about how much you spend on rent in Los Angeles. Average rent in California for a 1 bedroom is $1,300. In one year, that is right around $15,600. In 5 years, that is $78,000. All that money, with nothing to show for it. This is an opportunity to own your own place — a place to call home. Start investing in your future, build equity!
If you would like more information on the FHA Loan, or the home buying process - I would be more than happy to assist you.
Send me a message, or give me a call for inquiries
Iyiadé Sanda | Realtor
Coldwell Banker - Beverly Hills
(310) 968-6857
Your home awaits you!