Buying for the first time in NYC? Be sure to prep your finances first

… most serious financial commitment youll ever make and New York Citys complicated real estate market makes the task … estate brokers to learn how to prepare financially for one of lifes biggest decisions  Editors note An earlier version … for buyers with scores as low as 680 Additionally some banks have no minimum credit score requirement  Cohn added …

By Evelyn Battaglia |January 14, 2026 - 11:30AM
10 steps for creating a stellar co-op or condo board application

… details on how responsible you are a letter from your current management company confirming that you pay rent or monthlies on time and a personal letter which can …

By Evelyn Battaglia |February 12, 2025 - 12:30PM
How first-time buyers can apply for up to $100,000 in down payment assistance

… available to New Yorkers earning up to 80 percent of the area median incomeabout $87100 for an individual Now those … apartment And once you purchase your apartment you need to live in it HomeFirst requires New Yorkers to treat their new …

By Celia Young |February 3, 2025 - 3:00PM
What are the differences between jumbo and conforming loans?

… to thousands of banks to finance housing Fannie and Freddie buy mortgages from lenders and either hold them or package … says Ryan Greer senior vice president at National Cooperative Bank a Brick Underground sponsor  … Loantovalue … This is the standard in NYC anywaythe citys coops and condos have their own building requirements that ask you to …

By Brick Underground |December 4, 2024 - 2:30PM
From Kips Bay to the UES: I bought a studio because asking rents were too high

… moved in with their significant others it was time to look for her own place Discouraged by high rents she pivoted to buying instead landing in a newly … Transitions  features firstperson accounts of what its like to move from one New York City neighborhood to

By Kelly Kreth |August 22, 2024 - 12:30PM