Buying a house in L.A By Alana Rogers

The beginning

After spending a year here with a friend , I realized I wanted to find my own house and live here. It's only May so I'm trying to get a start on this asap. I am a physician Assistant at children's hospital in L.A . I make a lot of money 💰 and I choose this job because it has flexibility of hours and days . The location is great and humble.

May - The Plan

I took an entire month to plan exactly what I want my house around . This is the list I came up with .

  • Easy Access to the city
  • Great Education in the area
  • Safe neighborhood
  • Favorite stores nearby
  • Relaxed areas
  • Average price
  • Nice condos/apartments
  • Parks and or open land
  • Close distance to my job
  • Close distance to the beach
June 2023- Getting Pre-Approval 🤞🏽

When getting Pre- Approved, you have to know all of your information like

Income Amount - $72,000

Down payment amount - $15,000

Credit score - 710

The amount I got approved for - $251,900

June 2023-September 2023 Searching for homes 🏡

Ummm no thanks 👎🏽

Hate the color 😣

Not there yet 😕

Getting bored now 😐

Almost but no 🤔

September 2023- After 4 months of searching I found my house 🏡 ❤

My new home 🏡😍

Kitchen 🥞🥓🍳

Bathroom - shower and toilet 🚿🚽

Bathroom-Sink 🚰

Bedroom- 🛏😍😏

Living space- 🎧🎮🖥

Some amenities- 🏊🏽‍♀️🏊🏽‍♀️🏋🏽‍♀️

All about my house !!

Address - 255 S. Grand Ave, Los Angeles , CA 90012

# bedrooms : 1

# bathrooms: 1

Price : $2,470

Lot size : 965 sq ft

Amenities: Pet-friendly, covered parking, outdoor pool and spa , workout space, laundry services, etc.

Age: 1987 and was renovated in Oct. 2017

Other: Flexible lease terms, furnished,central air and heating .

October 2023- Closing the deal

Down payment- $15,000

Property taxes - $2.95

Title Insurance- $500

Processing fee- $2,964

Flood cert- $20

Mortgage Application fee - $150

Commitment fee- $370

Appraisal- $500

Total Amount Paid at Closing - $19,506.95

October 2023- More fees to worry about

Mortgage Amount

Property Amount - $29,640

Down payment amount- $15,000

Credit score - 710

Number of years (loan term) - 15

Mortgage Rate- 2.875%

Monthly Mortgage Payment- $2,259m

Finally !! November 2023- Could I afford it and did I move in

YES and YES

Monthly mortgage amount- $ 2,259m

Monthly Income- $6,000

Percentage of monthly income - 28%

Credits:

Created with images by www.rubenholthuijsen.nl - "Apartments" • waferboard - "one tree" • jarmoluk - "apartment room house" • jarmoluk - "kitchen kitchenette apartment" • equolipt - "apartment apartments textiles"

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