Quote:
Originally Posted by CLABRO
OP, I lived in LA for 3-4 years and I didn't know anyone who had a modest home with a mortgage of only $1,250/month nor did I ever see one.
Even just a 1,400 sq. feet house is $500,000 +. Unless you put down 60%.
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I bought my home during the housing crash and I live in a rather modest neighborhood. I only put down 20% when I bought my house. And my house is somewhat smaller than most homes.