Playa Vista Home Buyers Define Goals. Buying a home represents your single largest investment. Home purchasing is stressful. Conversely, the home buying process is an exciting life experiences. Whether, you are first time or seasoned buyer, changing areas, empty nester or investor.
Playa Vista Home Buyers Define Goals. Buyers Reasons To Purchase Home in Playa Vista
- Current home too small
- Current home too large
- Want Newer Construction
- Deferred Maintenance in current home
- Want newer condominium, townhouse, loft or single family home
- Homeowner Association takes care of exterior maintenance
- Job Transfer
- Empty Nester
- Change in Personal Relationship
- School District
- New Baby
- Growing Family
- Move closer to family
- Want West Los Angeles location adjacent to Beach Cities
- Want Plan Unit Development with amenities
- Walk Ability walking distance to retail shops, restaurants, bank, fitness, salons, parks, market, movies, recreation activities and more
- Living in Eco-Friendly community
- Change in Lifestyle
There are additional Home Ownership fees in Playa Vista. HOA fees are common in all condominium projects. Playa Vista additional fees are Mello Roos and Park/Landscaping fees.
What Is A Planned Unit Development (PUD)? What are HOA Fees?
PUDs neighborhood of residential and commercial properties. Most common are condominium, townhouse and home projects. The PUD project is operated by a homeowners association (HOA). Homeowners have monthly or quarterly fees. Referred to as HOA fees. Generally, based on square footage of unit. HOA fees cover amenities, maintenance and reserves of homeowner association. HOA fees are common in all condo projects.
- Recreation/Conference Rooms
- Basketball Courts
- Street Lights
- Street Cleaning
Mello Roos Fees
Ownership Costs Playa Vista Mello Roos HOA Landscaping Fees. Playa Vista is a Community Facilities District (CFD). In 1982, the Mello Roos Community Facilities Act was established. Mello Roos is a 40 year bond that allows financing for infrastructure, public improvements and services. These improvements and services includes: streets, sewer systems, police and fire protection, ambulance services, schools, parks, libraries, museums and other facilities. In addition to property taxes average 1.25 % of sales price supplemental Mello-Roos taxes are added. The Mello Roos tax can decrease or increase. Currently Mello-Roos is approximately $2.00 per sq. ft. What is Mello Roos?
- Sales Price $600,000.00 and Unit 1,000 square feet
- Approximate Mello Roos = $2,000.00
- Approximate Property Taxes = $7,500.00
- Phase One Mello Roos is charged in homeowners tax bill. The Runway residential ownership Mello Roos included in sales price
Playa Vista Parks and Landscaping Fee (Approximately $250.00/month subject to change)
Playa Vista Home Buyers Define Goals. Realize there are additional fees. HOA fees are common in in condominium project. Playa Vista’s additional fees are Park/Landscaping and Mello Roos.
Hire a Local Realtor®
Playa Vista Home Buyers Define Goals. Many factors and decisions to make when purchasing a home in Playa Vista. It is important to have available resources to make a educated decision. As well as the time required to make complete use of resources. Playa Vista Home Buyers Define Goals. Therefore, enlist the help of a trusted REALTOR®. Hire local agent that knows your community. Provides you with expert consultation. Every step of the way in your home buying process.There are several steps that your REALTOR® will assist you with in your home buying experience.
- One-on-One interview with prospective buyer. Open communications between Realtor® and Buyer. Buyer to define real estate goals.
- Buyer’s Pre-Approval
- Become knowledgeable of neighborhood’s market data
- Daily MLS active listings and updates
- Scheduling property showing
- Purchases agreement guidance & presentation
- Professional home inspection
- Title and escrow processes
- Transfer of ownership
Realtor® educates and prepares you for excitement of buying new home in Playa Vista CA. The first step is Playa Vista Home Buyers Define Goals. Goals listed will help your REALTOR® do his/her job more efficiently. Realistic buyer goals saves time in the buying process.
Contact a lender to review your financial status. Buyers can be Pre-Qualified over the phone or personally. Either way, feel free to contact me for a list of highly qualified direct lenders. They who will guide through the lending process. Be realistic about loan qualification amount. Buying and financing a home are related. If qualify for sales price of $800,000.00 this will determine neighborhoods. Examine your current financial situation accurately. Project how much you can afford. Or the amount that you want to invest. Playa Vista Home Buyers Define Goals. Your first goal should be obtaining a mortgage Pre-Approval.
Playa Vista Home Buyers Define Goals. The first step is getting pre approved. Mortgage pre approval should be from an direct lender. Then you will be aware of your home purchasing power. Home buyers define goals. Write down your goals. Playa Vista Home Buyers Define Goals Then prioritize your goals. Which of your goal are top priority. What goals are flexible? Utopian planned community. 21st century mixed use construction. Playa Vista combines residential and commercial properties. Playa Vista offers condominiums, townhouses, lofts and single family homes. Pricing, locations and living space varies. Relaxed coveted urban community. High tech sector in heart of Silicon Beach. Residents can walk to work, retail and entertainment. Not far from nightlife, beaches, parks, Wholefoods Market, restaurants, retail and LAX. All the stuff you need right outside your door. Call GAIL MERCEDES COLE, REALTOR® (310) 853-9933. I can assist you every step of the way. Purchasing a home can be an exciting experience.
Real Estate Resources
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