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2006-10-09 20:56:58
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answer #1
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answered by Excel 5
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Are you buying or renting? If you are renting, you will have to call a rental agency. There are plans to help low income people, but you would have to call someone in the business to get the right information. It would depend on your situation and income, etc. Los Angeles is very expensive, to show you, my daughter bought a condo about 4 yrs ago for $130,000 through a first time buy program. She does not make much money and works all the time. She is alone, just her. This was in a nice area, and since she takes care of the elderly, it is centrally located. That 500 sq. ft., condo, is not worth $380,000. My brother has a very small townhouse in Irvine, he has three sons, and it is about 1500 sq. ft., but it is now worth $450,000 or more. It just keeps on going up. I don't know why you want to live there, unless it is family, but good luck. Unless you live in a bad area, which I would not suggest, then I would suggest to go other places, like Arkansas, and you could get something there cheap. If your husband is a Veteran, you can get a VA loan with nothing down, and even ask the owner to pay some of your closing costs. I hate to tell you, but if you are low income, do not live in L.A. You might could live in the central part where you could get better prices, but it would have to be a small town, and even those have skyrocketed. If you don't mind the desert areas, the small towns in between L.A. and San Francisco might have something. Not L.A., it is just too expensive and the low end areas will have gangs.
2006-10-10 06:55:46
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answer #2
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answered by shardf 5
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thats going to be hard because its one of the most expensive places in the country to live.
2006-10-10 03:31:51
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answer #3
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answered by Anonymous
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