Four Things To Think About When Buying A One Bedroom Condo in Fountain Valley CA
1. A one bedroom condo can be a good entry into the housing market if you are on a limited budget.
2. With rising rent rates, you are making a wiser financial decision by purchasing a one bedroom Fountain Valley condo than by renting a condo. 
3. Remember, just as much as you are buying a home to live in you are also buying an area. The advantage to buying a one bedroom condo in Fountain Valley is that Fountain Valley remains a highly desirable area of Orange County.
4. Consider creating a highly functional, efficient living space. Instead of just purchasing a regular sofa for the living room, consider a pull out sofa that can double as bedding for overnight guest. There’s a way to live a “less is more lifestyle.” Creating dual purpose living spaces is one of them.
A homestead is used to limit the amount of liability for certain debts by unsecured creditors against which a home can be used to satisfy a judgment. It will not, however, protect a homeowner from foreclosure on a trust deed, mechanic’s lien, real property taxes or a lien filed prior to the filing of the homestead. A properly recorded homestead will protect the first $75,000 of a home’s value to satisfy a judgment against a head of household.
