My husband and I made an offer on a townhouse in Toluca Lake. The seller will make a decision this weekend. We like our current place, but our current neighborhood is not what it was. This townhouse has more space, is newer, has an attached garage, a patio with a view, etc. It also needs a new kitchen and carpet. You'd think we'd be sanguine about this, but no. This decision was fraught with the same worries that most buyers have:
- Can we truly afford it? Our monthly nut will go up!
- What if either one of us loses our job? And my husband is close to retirement!
- Is it wise to dip into savings for the downpayment?
- What about the higher property tax?
- Can we get what we think we can get for our current home?
Stay tuned...
Judy Graff's sublime-to-the-ridiculous (well, mostly ridiculous) take on real estate for east San Fernando Valley and North Los Angeles communities. This includes Hollywood Hills, Burbank, Studio City and Toluca Lake real estate and homes for sale, and also covers Valley Village, North Hollywood, Glendale, Atwater, Highland Park, Silverlake, Sherman Oaks and other L.A. areas too. General news and musings as well.
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