Two people discussing in a bright office, one holding a clipboard, standing near large windows.
Here’s What Really Happens During the Home Appraisal Process
To the uninitiated, the home-buying process may feel like a never-ending cycle of hoops to jump through. But those hoops are there for a reason—there’s a lot of money at stake and so many moving parts between buyer, seller, and lender. The more firewalls prior to closing, the less likely someone’s getting stuck with a bad deal. One of these tedious, but necessary final steps is the home appraisal.
May 9, 2019
The One Expensive Thing Your Homeowners Insurance Probably Doesn’t Cover
When you purchase a home, it’s smart to invest in homeowners insurance. In fact, you probably don’t have a choice: Your mortgage lender will more often than not mandate it. As a first-time buyer, you might wonder exactly what is and what isn’t covered by your new homeowners insurance policy. It turns out, your standard homeowners insurance isn’t exactly a one-stop shop that covers every and any disaster. Sure, it covers a lot of them, but not all.
May 3, 2019
Here’s the Real Difference Between a Foreclosure and a Short Sale
If you’re in the market for purchasing a home, looking into foreclosures and short sales might seem like a more affordable way into homeownership. The properties can be quite inexpensive in comparison to the traditional housing market, and if you’re a seasoned buyer, the idea of a fixer-upper might sound appealing.
Apr 2, 2019
Here’s Why You Should Get Your Home Tested for Radon (Even If You Rent)
As a homeowner (or renter), you might have heard of radon: an invisible, odorless, and dangerous gas that’s formed when uranium is broken down over time (this, by the way, is called radioactive decay). The rocks and soil underneath all of our homes have traces of uranium—but what does that mean for our homes? I asked a couple of experts and here’s what they say everyone should know about radon gas. Technically, we’re already exposed to radon. According to the U.S.
Mar 22, 2019
Why a Condo Might Actually Be the Answer to My Millennial Home-Buying Woes
I’ve got big dreams to own a Craftsman home one day, with a backyard big enough for a barbecue grill, an inflatable pool, and a big dog. But the median asking price for houses in Los Angeles is a hefty $694,200 and there are no signs of an impending cool down. So is that backyard looking more like a balcony and a shared courtyard with neighbors? Is that house realistically… a condo? A condo (short for condominium) is basically an apartment that you own.
Mar 19, 2019
The One Thing in Your Closet You Should Just Toss Right Now
You will not deal with the box later. You’ll pass by that box every single morning and night and feel pangs of anxiety until you hide the box and pretend it doesn’t exist.
Oct 15, 2018
The Weird Thing You Need to Know About Renting an Apartment in L.A.
It’s my third time moving in Los Angeles, and I haven’t even lived here for four years. That means I’ve spent more time on Craigslist, Zillow, Trulia, Rent.com, and Rental Girl than I want to know. I even have rental alerts that ping me once they’ve found a “match” that meets all of my dream home criteria (I haven’t disabled it because apartment hunting is one of my favorite hobbies #noshame).
Sep 5, 2018
How I’m Making a 45 Percent Increase in Rent Work For Me
My husband and I can’t buy a home in L.A. because we’re spending too much money on avocado toast. Just kidding—fancy brunch isn’t the problem. The problem is that houses, even “starter” homes in decent neighborhoods, are too expensive. If we wanted to purchase a home in Highland Park, it would likely cost around $737,700 (the median home value for that neighborhood, according to Zillow). That would mean forking up close to $150,000 as a downpayment.
Aug 15, 2018
Commuter Solutions: The Best Suburbs Close to Los Angeles
With all the Brooklynites flocking to Silver Lake, Echo Park, or Los Feliz, you might be feeling the itch to get out of Central Los Angeles once and for all. Whether you’re looking for lower rents (the average rent across all of Los Angeles’s 272 neighborhoods is $2,251 a month, according to Rentcafé), homeownership opportunities (18 percent of homes in L.A. sell for over a million, according to Curbed), or just more space, there are a glut of nearby options.
Aug 2, 2018