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What to Consider When Buying a Home in Post-Recession

Updated: 4 days ago



In this video blog, I wanted to share several lessons about the recession and what it taught us about housing. I'd love to pass on several great tips to pass on to you that many of my clients and what we experienced are real estate agents that we can impart moving forward as we look at a rebounding marketplace.


First and foremost, you always want to be comfortable in your Beverly Hills luxury home. You don't want to look at home just because you qualify for that amount, but you want to be something where the payment is affordable for you. Secondly, you want to be very careful of risky loans. There's conventional there are adjustable-rate mortgages. There used to be products that gave you zero down payment options. You want to find something that will have your level of risk tolerance in your level of comfort, depending on the scenario that you're looking at creating again.


Just because a Beverly Hills luxury home is affordable for you doesn't mean it's right homeownership is not for everyone. Hence, as point number three, you want to make a decision and if owning a home is going to make sense in your short and long term goals and remember when you look to purchase a property, it has to be something that's a fit for you as always thanks to everyone for tuning in today if you're looking for any other tips on buying or selling a Beverly Hills luxury home or you're interested in finding out what your home is worth or would like to see all the Beverly Hills luxury homes that are available in the marketplace please don't hesitate to give us a call or shoot us an email anytime you can also click on the links on this blog that will guide you to extra steps to be able to see the inventory we have and what's happening in your neighborhood thanks again have a great day.


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Erik Brown

Realtor/ Broker (BRE: 01958545)

Beverly Hills: 424-239-6519

Minneapolis: 612-294-0447

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About Erik

Hilton. Rolls Royce. Versace. Chateau Rothschild.

 

These are not products or services; these are lifestyle choices. You and I can stay at any hotel, drive any car, wear any shirt, or drink wine…

But we don’t want to.

 

We want experiential luxury.

 

And you know what? You deserve it.

Luxury living is a state of mind. If you're like me, you expect the best, especially when you buy or sell a home in Los Angeles.

If you are interested in buying or selling a home and appreciate... and deserve... a luxury real estate experience, then click here. Get an idea of the differences.

Enter your contact information below and let us know if you'd like a complimentary VIP package sent to you asap.

 

Erik Brown

DRE: 01958545

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9454 Wilshire Blvd, Beverly Hills, CA 90212

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All material presented herein is intended for information purposes only. While this information is believed to be correct, it is represented subject to errors, omissions, changes, or withdrawal without notice. All property information, including, but not limited to square footage, room count, the number of bedrooms, and the school district in property listings should be verified by your own attorney, architect, or zoning expert. Equal housing opportunity

© 2020 Erik Brown Beverly Hills real estate agent 
BRE #: 01958545