My dad is having heavy money troubles. I wanna put ideas (good ones) in his head.
Okay, we live in a middle class neighborhood ~12 miles southeast of downtown Los Angeles. It is a 4 bedroom house with 3 full bathrooms, a living room, family room, and laundry room. We have a guest quarter in the back with a living room, kitchen, 1 bedroom, and 1 full bathroom. Idk the exact square footage but its very decent and grassy backyard with a pool and spa. Hes paying around 2,000-5,000 dollars a month of an approximate 900,000 dollar mortgage. Last appraisal came out to our home being worth ~700,000. Would it be worth selling it and moving into a decent 3 bd 2btrm condo? Are condos the same price as a house? I think a nice condo is better than downgrading to a crappier neighborhood to a house. Plz any experts any advice. Id appreciate it. Thx
By: Jose C
About the Author:
Okay, we live in a middle class neighborhood ~12 miles southeast of downtown Los Angeles. It is a 4 bedroom house with 3 full bathrooms, a living room, family room, and laundry room. We have a guest quarter in the back with a living room, kitchen, 1 bedroom, and 1 full bathroom. Idk the exact square footage but its very decent and grassy backyard with a pool and spa. Hes paying around 2,000-5,000 dollars a month of an approximate 900,000 dollar mortgage. Last appraisal came out to our home being worth ~700,000. Would it be worth selling it and moving into a decent 3 bd 2btrm condo? Are condos the same price as a house? I think a nice condo is better than downgrading to a crappier neighborhood to a house. Plz any experts any advice. Id appreciate it. Thx
By: Jose C
About the Author:
RSS Feed