Where is the best place to buy a new home for a new home buyer? What state?

Question

I live in Los Angeles and every house I have looked at is very expensive. And I need to find something very fast.

Answer 1

I don't know what you are looking for, but I am selling my home in Simi Valley, CA for $630,000. It's a 4bd 2ba. We are looking to stay in Cali, but the "cheapest" place we have found is in Palmdale, CA. You should talk to a real estate agent, because there are some bad neighborhoods out there, but there are also some great ones. I have heard that Arizona, Nevada, and Indiana are some good states outside of California. Best of luck to you!

Answer 2

1. yes, the prices in los angeles and around that town are astronomical, but they are coming down. the reason that is generally true all over the usa is because for the first time ever, it was a seller's market for 5 years ending in 2005. usually, you get 2 seller's market years followed by 5 BUYER'S market years.

2. so now it is a huge, big buyer's market. you see for sale signs on the lawns for months on end--the house is not selling now because of interest rates, which are very low, but because the price has gone "out the roof!"

3. you have to first ask yourself WHERE it is that you have to live? do you have to stay in the los angeles area? is your job there? can you relocate?

4. then you ask yourself how you live. if you work over 10 hours a day, you should not get yourself a single family house since the responsibility of even mowing the lawn may be too much for you.

5. one of the best things to always remember is that the places where people tend to settle is near water, especially fresh water, so the great lakes are good, and chicago is a great working-ethics town.

6. real estate in chicago is adjustably as high as it is in los angeles.

7. always buy for location, location, location: and if you have a seasoned and savvy real estate agent, they ALWAYS know what is on the rise, what areas are going to skyrocket. i'd pay attention to that agent if i were you. but the agent needs to have been in the business for a while to know which areas will skyrocket.

8. buy the type of real estate that is not going to drive you crazy, i.e., if it is going to take a lot of work and you do not have the money to pay contractors, you yourself may be doing a lot of the work yourself. but, do you know how to do it according to the codes? do you know how to get permits? are you ABLE, timewise, to get the work done or will you put yourself into your grave because you are at your job so much that you are dead tired when you get home?

9. don't look at your HOME as an investment. too bad so many people do: that is one of the reasons their houses are not selling! you should always keep your home as the place that you find your peace of mind in, i.e., where you lay your hat and call it a day.

10. when you love your home and you love your neighborhood, what you get is peace of mind.

how can you go wrong getting peace of mind? that is what the HOME is all about. remember that even if you believe that you will sell and move out within 5 years, like most home buyers say because they are looking at their home as an investment... you will probably stay there at least for 2 more years, but probably you will really live in that house for about 10-15 years.

else, usually you are never penalized for paying off your residential loan early. therefore, whenever you have a few extra dollars, send it to the lender marked "principal only." this will reduce the principal balance of the loan, which effectuates a shorter period of time to pay off your mortgage, as well as lowering by hundreds of thousands of dollars (if you do this right) the amount you pay for the interest.

the essence of what i say here is to set your priorities. then move from there. if you cannot set your priorities, then you might regret your choice.

Answer 3

You get the tax credit as well to what your refund is. in case you get decrease back only for arguments sake, $1000, you should get decrease back $8500. in case you owe, back like $1000, it must be deducted from the tax credit and also you should get decrease back $6500. And no you do not ought to pay it decrease back so long because the residing house remains your wide-spread position of residing for 36 months. the in elementary words time think ofyou've got to pay it decrease back is in case you offered the residing house previously 36 months, or ceased to apply it as your wide-spread position of residing, i.e., rented it out. then you truly ought to ought to pay it decrease back in finished.

Answer 4

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