Nobody downloaded yet

Home Buying - Essay Example

Comments (0) Cite this document
Summary
The open house/condo chosen in this paper is the 19551 which is located in the Rinaldi Street in Northridge, California. It possesses a momentous inheritance being built in the 1976 but comprise almost every benefit of a modern house. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Home Buying
Read TextPreview

Extract of sample "Home Buying"

Download file to see previous pages It possesses a momentous inheritance being built in the 1976 but comprise almost every benefit of a modern house. It has been built on a lot of acres as a 1,520 square foot condo with 3 bedrooms and 3 full baths (Weichert, “Condo for Sale in Northridge, CA”). A) The Area 1) Online Statistics a) Crime: According to the recent crime statistics presented by the Los Angeles Police Department the frequency of crimes have reduced significantly. However, in the current situation the property crimes such as, theft have increased to a certain extent (Lapdonline, “West Los Angeles Area Profile”; Los Angeles Times, “Northridge”). b) Sexual Offenders: There were ten sexual offences recorded in recent days in various parts of Northridge which can also be recognized as the neighborhood area of Rinaldi Street (Office of the Attorney General, “In Violation”). c) Density: According to the Census 2000, the neighborhood area of the selected house/condo is populated with a total number of 28,049 people (U.S. Census Bureau, “Fact Sheet”). Thus, the area is not densely populated....
According to the regulations prescribed the area is prohibited to be used for commercial purpose. The residents are also not allowed to have equine(s) in a lot area which is less than 20,000 square feet. Moreover, increasing the building over two storeys is also prohibited. However, the selected condo includes itself in the RD2 zone (American Legal Publishing Corporation, “Municipal Code, Chapter I (Planning And Zoning Code)”.). b) Walkability Ratings: On an average the area ranks 65 out of 100 in terms of Walkability. This depicts that the area is to certain extent walkable (Walk Score, “19551 Rinaldi Street Northridge CA 91326”). c) Rapid Transportation: The residents in the selected area enjoy rapid transport facilities with the transportation options available in terms of owned cars, rail roads, buses, taxis and others. The residents in the lot area also gain the benefit of various recreation centers in the walkable area (City Data, “91326 Zip Code Detailed Profile”). B) The House/Condo 1) Selling Price of Neighborhood Houses The houses/condos located in the lot area, i.e. Northridge, 91326 and possessing almost similar characteristics to that of 19551 has been recorded to have an average selling price of $300,000 (Home Insight, “Historical Sales Results”). The chart represented below shall unambiguously depict the sale prices of the neighborhood condos possessing similar features. Map Address Sale Price Close Date Bed Bath Sq. Ft.   Yr. Built 1 19547 Rinaldi St $360,000 04/07/2010 3 3 1520 1976 2 19561 Rinaldi St $320,000  03/02/2010 3 2 1404 1976 3 19569 Rinaldi St $445,770  02/04/2010 4 3 1637 1976 4 19527 ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Home Buying Essay Example | Topics and Well Written Essays - 1750 words”, n.d.)
Retrieved from https://studentshare.org/environmental-studies/1421608-home-buying-essay
(Home Buying Essay Example | Topics and Well Written Essays - 1750 Words)
https://studentshare.org/environmental-studies/1421608-home-buying-essay.
“Home Buying Essay Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/environmental-studies/1421608-home-buying-essay.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Home Buying

GLL

4 Pages(1000 words)Essay

Renting versus Buying a Home

...Outline This paper will show that buying a home is better than renting. It will be pointed out that buying has various advantages such as allowing the owner to modify and customize it to suit his or her needs. The issue of poor management by landlords whereby they take a lot of time before rectifying simple problems will also be discussed as a reason why people should consider buying, so as to do it themselves as at when it is needed. Renting will also be discussed as a possible way of solving short term housing problems as well as an option for people with temporary and insecure jobs. Introduction Housing is one of the major basic necessities that human beings require for the purposes of protection against harsh environmental... ...
5 Pages(1250 words)Essay

Home buying process and its financial impacts

...? Home Buying process and its Financial Impacts Buying a house can be the largest amount invested or spent upon any asset by the individual and so a careful investigation is necessary about the pros and cons of a home buying process 1. What are some common opportunity costs associated with the selection of housing? While selecting a house which an individual wants to buy he/she takes into consideration the apartment or the house first and then the individual also takes a look at the residential area in which he plans to dwell. However selecting the option of housing means that the individual has to bear some underlying costs or in some...
3 Pages(750 words)Essay

Tax advantages on buying your own home in Canada

...? Tax advantages on buying your own home in Canada Introduction The research paper puts into perspective the issue of tax advantage of owning a home in Canada. The paper also illuminates Professor Tristani’s view that owning a home may not be advantageous after all. Home ownership is a critical subject that needs to be handled with care; in the recent past, most Canadians have never had the coveted opportunity of owning a home. Nevertheless, with the tax advantages in place more Canadians are having the opportunity to own a home. Every time one requires to purchase a house such a person must consider of the tax benefits...
5 Pages(1250 words)Research Paper

Buying Behaviour

... 19 March 2009 Buying Behavior When 3 groups of working women and non-working women were selected to rate various need criteria in selecting brands such as importance of time saving, ease of preparation, good taste, and good for the family and to identify their favorite brand in each category for two given products which needed preparation i.e. cake and coffee. The outcome showed that the responses differed for both cake and coffee. For cake the results are as follows: The non-working women gave more importance to good for family followed by taste, ease of preparation and time saving, whereas the working women had some other point of view. They gave maximum importance to time saving, followed by ease of preparation, family health... , and...
5 Pages(1250 words)Research Proposal

Buying your first home

...Buying your First Home Guide for First Time Home Buyers Your Semester, Professor Date TABLE OF CONTENTS Title Page i Table of Contents ii I. INTRODUCTION 1 A Why Guide to First Time Home Purchases is Worthwhile 1 B. Goals For Carrying Out The Project 1 II. RESEARCH METHODOLOGIES 2 III. RESEARCH FINDINGS 2 A. Literature Review 2 B. Findings from other Research Methodologies 6 IV. ANALYSIS 7 V. GENERALIZATIONS 8 VI. CONCLUSIONS 10 Works Cited 11 I. INTRODUCTION A Why "Guide to First Time Home Purchases"...
8 Pages(2000 words)Assignment

Fashion Buying

...Running Head: Fashion Buying Fashion Buying s Fashion Buying What are the key contributions by Buyers in the successful completion of the Company Budget? Buying decisions are made by individuals or group such as a family or a committee in a commercial or industrial organization. If we analyse closely there is a vast difference in consumer buying behaviour and institutional or corporate buying process. Consumer buying process involves need recognition, information search, evaluation of the alternatives and deciding upon one of the alternatives and making the purchase decision. If we further explain the process between...
12 Pages(3000 words)Essay

Buying a home vs renting a home

...Buying a Home versus Renting a Home Playing Monopoly as kids has been a reality for most kids. This has imbibed an early awareness of property and mortgages in everyone. Moreover, as time passes, almost all children move out of their parent’s home in search of new horizons. An imperative part of this search includes finding a nice, affordable place to live in. However, before finalizing any house, there is a greater issue that has to be decided upon: buying or renting a house. Buying a house requires a lot of responsibility and a lot of hard work. Ownership though very tempting, is not an easy task nor is renting out a place, but still...
10 Pages(2500 words)Research Paper

Buying a First Home: Case Study

...Buying a First Home: Case Study Fred and Wilma are both aged 35 years and have a total of five children. Both will retire at the age of 62 and their life expectancy is 90 years. Fred earns a total of $125,000 as an employee which increases with 4% until his retirement. Wilma earns a total of $15,000 as a self employed tutor, with 3% increases until January 2015 when her income will increase to $26,000 followed by 3% increase until she retires. a. Buying a First Home (Using conventional standards) How much one can afford in terms of a mortgage is based on his or her debt profile and income. Prequalification for a mortgage is usually intended to give the buyers an idea...
6 Pages(1500 words)Essay

Buying

... Stella McCartney Stella McCartney’s competitors in the fashion and luxury industry include big companies like LVMH, ValentinoFashion Group, Christian Dior, and Compagnie Financiere Richemont which have heavy international footage. Others include, Giorgion Armani, Burbery, Chanel, Polo Ralph Lauren, Hermes and Salvatore Ferragamo. Stella McCartney has established a very positive brand image as a company focusing on business ethics, modernity and care for the environment. For instance when other brands are using animal products as a wealth symbol, Stella McCartney excludes the consumption of animals. The company emphasizes the need for sustainable business practices such as the use of organic materials and saving energy. A lot... Stella...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Home Buying for FREE!

Contact Us