Echo Park Real Estate

This is an eclectic city located in Central Los Angeles about ten minutes from Downtown. At the center of the city is the renowned Echo Park Lake in Elysian Park, which is the site of special events like the Lotus Festival. It is northwest of Chinatown and Downtown, northeast of Westlake and south east of Silver Lake.

It is split in to four districts.

  • Angelino Heights – This area is known for the beautiful Victorian homes that are preserved by the city’s ordinances.
  • Elysian Heights – This area is historically known for being the home of famous counter-culture artists, filmmakers, architects and political radicals.
  • Historic Filipino town – This section is located in the southwest section.
  • Victor Heights – A
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About Financial Considerations Of Home Ownership

  • Reasons for buying that house: Why do you want to buy, any specific house? Does it meet your present needs, and into the future? Or, are you looking, at a shorter – term, and want to live, there, for a shorter – span, and, then, relocate, when needed and necessary? Are you the type of person, who enjoys moving, or would you rather, remain in your present quarters? What are your needs, goals, and priorities, in terms of location, neighborhood, schools, costs, transportation, conveniences, etc? Why, this house?
  • Down – payment: Do you have the necessary funds, to have the down – payment, while avoiding, placing too much stress, on yourself, because of using these funds? Smart homeowners prepare, and
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Multi – Family Rental Property

  • Before you buy: There are many considerations, before you should purchase, a multi – family, rental property. Are you going to live in one of the units, or rent the entire property? If you live there, your mortgage interest rate, will be lower, because it will be considered, an owner – occupied property, but, you also, will receive less revenue from rentals. Those doing so, often, look at this, as a way, to use rental revenues, to significantly, reduce one’s own, housing costs. If you are looking at this, as an investment, then, your mortgage interest rate, will be slightly higher, your down – payment, a little more, and you might have to justify the viability of the purchase, based
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Homes for Sale-Flipping

They sometimes juggle several sales and several renovations at any given time. It is important to know that there is an art learning how to flip a house and make a profit instead of losing money. Make sure that you understand any restrictions and all applicable zoning laws on construction that may apply. From purchasing to flipping, many set a ninety-day time frame.

  • Step one : Before you even look at homes for sale to buy and flip, you need to determine how you will finance this venture. If you have a background in real estate or construction and have excellent credit, it may be possible to sure from your bank a line of credit. If you do not have
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Glassell Park Real Estate

Glassell Park is a moderately diverse neighborhood located in Northeast Los Angeles. Glassell Park resides south of Glendale, west of Eagle Rock and northeast of Mount Washington. This neighborhood is quite hilly and provides its residents with astounding views. During the housing boom of 2000 a large group of middle-class people moved to Glassell Park because of the inexpensive cost and abundance of Craftsman homes. The average temperature for the hottest month of the year, July, is 73 degrees. The average temperature for the coldest month of the year, December, is 57 degrees. January is the month with the most precipitation at 4.6 inches.

Area Vibes awarded Glassell Park a livability score of 72, very livable, which is higher than … Read the rest