Q. What is important to know about home buying in Santa Monica, Venice, and West Los Angeles right now?
A. The most important thing to know about buying a home right now is the need for an approval letter from a lender! If you are serious about buying then get yourself approved before you write an offer on a property because regulations right now are very strict and banks need to know you are qualified to buy. Saying “But I have great credit and money in the bank” is great, but it will not get you through escrow. Get you approval letter ASAP if you really want to buy a property.
For any real estate needs contact Stacey and Megan Valnes from Sunset Park Realtors!