How NYC buyers can take advantage of the summer sales slowdown

… that could be good news for buyers who are unscathed by current economic conditions The slowdownwhich is already being … typically a slow time for sales but this summer feels different brokers say I am anticipating an absolutely dead summer … sales in early June 373 Palmetto St in Bushwick and 244 Devoe St in East Williamsburg Both are new ground up …

By Jennifer White Karp |June 30, 2022 - 4:30PM
10 first-time buyer grants, loans, and programs available to New Yorkers

… note A previous version of this post was published in June 2020 We are presenting it again with updated information for … the State of New York Mortgage Agency is available to help renters buy in the city primarily apartments below the … allows for coborrowers on the loan so for example a parent can help an adult child qualify for a mortgage and buy …

By Emily Myers |February 28, 2022 - 9:30AM
More NYC buyers can tap lower-cost mortgages with new Freddie and Fannie higher loan limits in 2022

… New York City buyers dont typically get to take advantage of the lower … Mae and Freddie Mac the governmentbacked entities that buy loans from banks are expected to announce a new … have traditionally needed jumbo loans in order to afford NYCs pricey propertiesbut these loans are tougher to qualify …

By Jennifer White Karp |November 19, 2021 - 2:30PM
What you need to know about financing a pied-à-terre in NYC

… After all Cooperative is our middle name Call us at 646 2014714 or email Brittney Baldwin at  bbaldwinncbcoop   NMLS … you cant do is seek financing for a piedàterre and then rent it outor buy a home in the same neighborhoodthen your … Bank the debttoincome ratio should be under 429 percent but some NYC buildings may have even stricter …

By Jennifer White Karp |November 8, 2021 - 4:30PM