Your First Home.
Clear, Calm, Confident.
Buying your first home in Los Angeles should be an exciting milestone, not an overwhelming ordeal. Dana Ehrlich provides the education, strategy, and patience you need to make a smart investment.
Step-by-Step
The Path to Homeownership
We break the process down into manageable phases so you always know exactly where you are and what comes next.
1. Financial Prep & Pre-Approval
Before looking at homes, we connect you with trusted local lenders to understand your true buying power, closing costs, and comfortable monthly payment.
2. Strategic Home Search
We set up targeted alerts for neighborhoods like Burbank, Studio City, and Sherman Oaks, touring homes that actually fit your criteria and budget.
3. Making a Strong Offer
When you find 'the one,' we craft a competitive offer designed to stand out to sellers while protecting your financial interests.
4. Escrow & Inspections
We guide you through the inspection period, negotiating repairs or credits if needed, and ensuring no surprises before you close.
5. Closing & Keys
The final step. You sign the paperwork, the loan funds, the property records in your name, and you get the keys to your new home.
Fact vs. Fiction
Common First-Time
Buyer Myths
Don't let outdated advice keep you from achieving your real estate goals. Here is the truth about buying a home in today's Los Angeles market.
Talk With DanaMyth: I need a 20% down payment.
Reality: Many first-time buyer programs and conventional loans allow for 3% to 5% down. Some specialized programs even offer lower requirements.
Myth: My credit must be perfect.
Reality: While higher scores get better rates, there are loan programs designed for buyers with a variety of credit profiles.
Myth: I should find a house before talking to a lender.
Reality: A pre-approval is required to make a serious offer in Los Angeles. Knowing your numbers first saves you from falling in love with a home outside your budget.
Myth: I have to pay my real estate agent.
Reality: In most traditional transactions, the seller pays the broker commissions, meaning you get expert representation without an out-of-pocket fee.
Local Expertise
Patience & Strategy
No pressure, just guidance.
Your Advocate
Education First,
Sales Pitch Never.
First-time buyers need more than just someone to open doors. You need an advocate who will explain the contracts, point out potential issues in a property, and negotiate fiercely on your behalf.
- Honest feedback on properties and pricing
- Deep knowledge of Burbank, Studio City, and Sherman Oaks
- Trusted network of lenders, inspectors, and contractors
- Clear communication at every stage of the transaction
Buyer Questions
Frequently Asked Questions
How long does the buying process usually take?
Once you have an accepted offer, a typical escrow period in Los Angeles takes about 30 days. The search process beforehand varies depending on your criteria and market inventory.
What are closing costs and how much should I budget?
Closing costs include lender fees, escrow fees, title insurance, and prepaid taxes/insurance. Typically, buyers should budget an additional 2% to 3% of the purchase price for these costs.
What happens if the home inspection finds problems?
You have an inspection contingency that protects you. If issues are found, we can request the seller make repairs, ask for a financial credit, or you can walk away and retain your initial deposit.
Can I buy a home in Los Angeles right now?
Yes. While the market is competitive, prepared buyers who are pre-approved and working with an experienced local agent successfully close on homes every day.
Ready to Start Your Journey?
Schedule a free, no-obligation consultation to discuss your goals, review your timeline, and build a strategy for your first home purchase.