Are you a member of the BIPOC (Black, Indigenous, and People of Color) community? It’s no secret that many of the things that we humans need to survive and thrive in this modern world are made harder by the fact that you’re a minority. This includes getting a job, creating and retaining investments, and of course, getting real estate in Los Angeles.
As a person of color, you may very well feel frustrated like other minority first-time homebuyers when it comes to the buying process. Mortgages don’t seem to be easy to be approved for, and the process can seem confusing – and more than a little daunting.
However, you can buy your first home if you’re from an underrepresented group if you know where to look! In fact, there are plenty of ways that Black first-time homebuyers, as well as other minorities, can get a new home. Read on to find out what you can do to land your humble abode!
1. You Can Find Realtors That Deal With Underrepresented Groups
One of the best ways to make sure people like you are represented is to work with realtors that look like you! Los Angeles is a great place to find agents of all different sizes, ethnicities, and backgrounds. You shouldn’t have any problem finding the right realtor who fits what you need.
2. There Are Great Communities That Cater to Your Ethnicity
In years past, if one were to mention a place where a minority group lived, that area was instantly seen as lower class — and was treated as such. These days, however, one can find entire communities of a certain ethnic group that are very well off. Finding a community that houses and caters to your group of people is an easy and quick way to buy a home in a place you’ll feel comfortable in.
3. The Laws of Homebuying Are Progressive
You’ve probably seen those movies where a couple was turned down by an agency because of the color of their skin. Luckily, by and large, those days are far behind us. Furthermore, great strides have been made in the industry to work with minority homebuyers and make sure their best interests are at hand before they settle on a home. You can be sure your agent will work with you every step of the way.
Find the Perfect Real Estate in Los Angeles
Now that you know how minorities like you can buy real estate in Los Angeles, you can join the thousands of annual first-time homebuyers and live in a place you’ll love. Before you can get to that point, however, you need to make sure you have the best real estate agents in your corner. We’re the right ones for the job.
Agents of L.A. has been a trusted source for Los Angeles real estate for years. We’ve been recognized by major names, including VH1, L.A. Times, and Ouse for our top-tier services, and we continue to help people like you find their forever home. We cover many regions, including Bell Canyon, Encino, Santa Monica, and Malibu, so you can be sure there’s a house on a side of L.A. you’ll love.
Take a look around our site to learn more about what we do, or reach out to us to begin the homebuying process. It’s time to find you a new place!
Written by Erin Ferguson