Rent Vs. Own

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Properties in Burbank below $850,00


Rafael Gevorkian
REALTOR®

Company JohnHart Real Estate
DRE 01783621

About Rafael Gevorkian

Rafael Gevorkian is a Los Angeles based Real Estate professional and San Fernando Valley native with two decades of experience working in the neighborhoods of North Hollywood, Studio City, Burbank, Glendale, Toluca Lake and adjacent communities.

Every client should expect exceptional service from their real estate agent, but what sets Rafael apart is his extensive knowledge of both the market and lending. Being hyper local to Southern California, he has experienced thriving markets as well as serious downturns. In each case, Rafael was sought after by his clients for his expert reading of the market, as well as leaning on his ten years of experience as a former lender to help guide them through the challenges each market presented.

With a background in marketing and advertising, Rafael uses the resources of JohnHart Real Estate to showcase each property so it will translate to social, web, mobile and print. Using a mix of media and platforms, he ensures every home is viewed on the websites and apps clients use most.

You can be confident that Rafael will negotiate on your behalf with an extraordinary level of professionalism and creativity regardless of which side of the table you find yourself. His goal is to build a strong relationship and be your real estate agent for this transaction and the next.

My Experience

+ Extensive experience in marketing and advertising.

+ Buyer/Seller representation.

+ REO and Short sale experience.

My Credentials

+ Realtor for 8 years.

+ Member of the Glendale Association of Realtors.


Benefits of Buying Real Property

There are wide array of benefits for buying real property. From social to economic, and even political, benefits of owning real property can't be easily counted. Real property offers an anchorage to family geographic zoning. Owners enjoy the benefits of forming closer connections with their community, through local businesses, schools, worship places and neighbors.

As always, economic benefit is a good starting point. Did you know that by paying $900/month rent you are throwing away $54,000? Yes, rent is a waste of money. Rent can't be even claimed in tax returns. In contrast, monthly payments towards mortgage payment plan will expand homeowners' wealth as equity is created. Moreover, buying a real property increases credit rating through regular payment history and location security. Even more, real property buyers can claim interest in their yearly tax returns (consult a tax expert for more details).

On the political level, homeowners exercise more influence on political decision makers. Because most county and state profits are based on real property taxes, politicians answer demands of property owners before renters (who are usually relocating). For example, when the financial crisis struck the U.S. markets in middle of 2007, the federal government quickly enacted laws to protect property owners. The same issue played a crucial role in 2008 Presidential elections.

In addition to economic and political benefits, real property buyers enjoy better social standings. Because property owners are more constraint to move, they form social networks with their local community. Neighbors invite each other for birthdays and other events. Housewives form local groups to help raise the children of the community. Even in safety, most communities utilize local neighborhood watches to keep crime level at a low level.

Finally, by buying a real property, individuals achieve the American Dream. Thanks to the U.S. government system, ownership rights are at the foundational core of the United States. A sense of accomplishment and satisfaction beholds property owners as they are free to express themselves within their own castles. Buying real property is as simple as desires of potential buyers.

This information is an estimate and for research purposes only. The estimate is based on prevailing rates typical in the industry and your own input concerning salary and assets, which JohnHart has no way of verifying. The estimate does not purport to include every potential expense involved in purchasing a home (including but not limited to taxes and HOA fees) which can vary widely by property and location. Neither JohnHart nor any of its affiliates make any warranties or guarantees in any way about the likelihood of obtaining a loan for a house and on what terms (if at all) a prospective buyer may be able to obtain a loan. Prospective buyers must consult a lender for qualification and for terms of qualification according to a buyer’s financial situation at the time and the property sought. This information only represents an estimate based on average financial terms prevailing at the time and may be different from what you see from a lender depending on, amongst other things, your individual financial situation and time period during which you seek a loan.