NYC rent-to-own condo programs gain momentum in the Covid era

… If youre a New York City renter who has fantasized about putting your monthly … payments toward a place to ownthis may be your moment Renttoown programs for condoswhich have never really taken … We are presenting it again here as part of our holiday  Best of Brick week … How rent to own works … Its also not a …

By Jennifer White Karp |December 29, 2020 - 9:30AM
Should you rent or buy in NYC right now?

If you are weighing whether to rent or buy in New York City its possible you have more options right now The coronavirus prompted many … Some developers are giving you the opportunity to do both by offering renttoown options  in highend new …

By Emily Myers |August 6, 2020 - 3:30PM
Tips for getting a mortgage now that banks are tightening lending restrictions

… Borrowing money to buy an apartment or house in New York City may be cheap … Fargo halted jumbo mortgages the type typically needed to buy in NYC   With jumbo loans in particular there is a lot … restrictive coops may require up to 50 percent No matter what the down payment size it wont be as easy to borrow …

By Emily Myers |April 20, 2020 - 9:30AM
That’s OK Boomer, I’ll just rent forever, say some NYC millennials

… metro area dont think they will ever be able to afford to buy a houseand a good chunk of the rest may just be kidding … More NYC millennials will likely end up renting instead of buying despite their expectations because it is just so … forget to set aside some additional funds for closing costs Whats the solution then One idea Apartment List says is …

By Jennifer White Karp |November 20, 2019 - 2:00PM
How do I protect my NYC property from deed theft?

… turns out to be a scam Eric Goidel a senior partner at the law firm  Borah Goldstein Altschuler Nahins Goidel  says … when deeds mortgages or mortgagerelated documents are changed The system does not work for a coop where owners are … … You Might Also Like … viewbublogpanes=ymalinline   … Buy … Bedford-Stuyvesant … Brooklyn … Brownsville … condos … …

By Emily Myers |October 30, 2019 - 12:00PM
What's better for buying an apartment in NYC: A 15- or 30-year mortgage?

… When you are deciding between a 15 and a 30year mortgage to buy a New York City apartment its important to know what your financial priorities are so you can pick the one … the lowered principal which reduces the interest To do this buyers have to pay a fee of a few hundred dollars which may …

By Alanna Schubach |October 30, 2019 - 10:00AM