How do you buy a million dollar home in California?
How do you buy a million dollar home in California?
To afford a million-dollar home in the Golden State, you’ll need to have a high income and be able to put down a sizable down payment. Additionally, you’ll need to be comfortable with a high monthly mortgage payment.
Who bought the 500 million dollar house in LA?
Richard Saghian, owner of the fast-fashion business Fashion Nova, has emerged as the winning bidder of the Los Angeles mansion known as “The One.”
Is there a billion dollar home?
The Word’s Most Expensive House: Mukesh Ambani’s $1 billion Property. The 27-floor private tower in the heart of Mumbai has been classified as “the most expensive residence in the world” by Forbes magazine. This real estate madness has been built by the boss of Reliance Industries: Mukesh Ambani.
How much do I need to make to afford a 1 million dollar home?
Experts suggest you might need an annual income between $100,000 to $225,000, depending on your financial profile, in order to afford a $1 million home. Your debt-to-income ratio (DTI), credit score, down payment and interest rate all factor into what you can afford.
