Long Beach Home Ownership - 1st Time Home Buyers and The American Dream

LONG BEACH REAL ESTATE

Back in the Spring of 2005 a young couple, Maria and Richard, contacted me. They were very excited and were about to purchase their very first home. A young family, they had struggled to save $10,000 in order to make their dream of home ownership come true. Their lender told them they were qualified to $325,000 with 100% financing. They weren't looking for something above their means, just a nice little home in Long Beach with a yard they could work on and infuse love into; a place to raise their family.

Maria and Richard shared a vision of their children playing in the yard, while Mom looked on through the kitchen window and Dad used his skills to improve the home. Still an attainable dream, at that time. We sat down and went through the available homes on the MLS together and discussed possible Long Beach communities they could afford; there weren't many, but this was still possible. Prices were going up rapidly, they had to find a home and make an offer quickly or they would be priced out of homeownership forever. There were only a small handful of homes in Long Beach still in their price range, the pickins were slim.

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