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Old 05-10-2008, 03:32 AM
 
3 posts, read 3,037 times
Reputation: 10

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Hello, I may have a job at a company in either the Long Beach or Huntington Beach branch. I am just getting out of the military so I am taking advantage of the VA loan. I enjoy fixing up houses in my off hours and I have a family. I'm lookin to purchase a home for about 250K or less. It doesnt have to be in a great house but it has to be safe and good neighborhood. Any advice you can give me will be greatly appreciated.
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Old 05-10-2008, 05:15 AM
 
3 posts, read 3,037 times
Reputation: 10
p.s what do you think of artesia or fullerton?
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Old 05-10-2008, 10:19 AM
 
1,398 posts, read 4,715,363 times
Reputation: 1749
Chitown, you sound like such a good guy, serving our military and wanting to provide the best you can afford for your family, so I hate to be the bearer of news you may not want to read.

I searched throughout REALTOR.com - Real Estate Listings & Homes For Sale (which I suggest you do as well) and found a total of five houses under 250K in Artesia. They were "dollhouses" of between 500 square feet and 850 square feet total, in areas with bars on many of the windows (never a good sign.)

Los Angeles real estate not only is notoriously expensive, it frequently affords very little compared to what you pay. A house between 300K and a half million dollars still could put you in an outright dangerous slum here, despite what you've read about our declining home prices. Friends of mine in your situation often have evaluated that they in fact cannot afford even a fixer upper in a safe enough area for their families, and opted to rent or buy condos in better areas that have safe parks in which their children can play. I hope other posters here can give you guidance as well. Good luck.

Last edited by fastfilm; 05-10-2008 at 11:19 AM..
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Old 05-10-2008, 10:26 AM
 
5,375 posts, read 7,055,533 times
Reputation: 2768
Quote:
Originally Posted by Chitown80 View Post
I'm lookin to purchase a home for about 250K or less.
Do you care if your home has wheels on it? If not then you're in luck, but if you want a home without wheels you better be prepared to ante up about another $150K.
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Old 05-10-2008, 10:27 AM
 
Location: Las Flores, Orange County, CA
26,362 posts, read 55,313,233 times
Reputation: 16371
Quote:
Originally Posted by Chitown80 View Post
I enjoy fixing up houses in my off hours and I have a family.
Aren't these two activities mutually exclusive?
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Old 05-10-2008, 03:25 PM
 
81 posts, read 225,694 times
Reputation: 41
$250,000????? HAHAHAHA! You can't live in a cardboard box under a freeway overpass in this city for $250,000. You are going to have to move way, way, way out in BFE for that kind of money. You can't even buy a decent condo for that.
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