Pasadena Condos
Have you been considering getting our of your apartment and buying a condo? Tired of wasting $1500 a month on rent and not getting anything for it?
If so, this is the time for you. It has been several years since it was possible to buy a condo in Pasadena and pay less....yes, you hear me.....less per month for a mortgage than you would pay rent in a two or three bedroom apartment.
I recently had a condo go into escrow for $170k. It is a studio, but the monthly payments will almost be identical to paying rent on a one bedroom apartment, and she only put 3.5% down! If interest rates drop any lower, it is only going to get better!
The value of getting into a Pasadena condo and paying a mortgage (even if it is a little more than rent) is in the equity. As the property appreciates and the market goes back up, you are leveraging the bank's money (at a low interest rate) to gain equity for yourself!
For more information on buying a Pasadena Condo, click on the link above, or check out these condos on main streets like: Del Mar Condos & Cordova Condos.
PASADENA CA REAL ESTATE, HOMES FOR SALE IN PASADENA, PASADENA LUXURY HOMES, PASADENA CONDOS, PASADENA REALTOR, PASADENA FORECLOSURES, BANK OWNED HOMES, INVESTMENT PROPERTIES, REO LISTINGS, PASADENA LENDERS, HOME FINANCING
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