The home loan that lets first-time buyers put as little as 3 percent down

… In New York City banks often require you to put at least 20 percent of an … of 3 percent for a coop and 1 percent for other property types    … Who is considered a firsttime buyer … As long as … in Brooklyn In certain economically distressed target areas different limits apply For example you can spend $1441110 …

By Evelyn Battaglia |April 22, 2025 - 10:30AM
Hell’s Kitchen tenants rally for a chance to buy their distressed buildings

Tenants of two Hells Kitchen buildings say theyd do a better … to make an offer on their apartment building when its up for sale We are seeing our gentrifying communities being …

By Celia Young |April 1, 2025 - 12:30PM
Buying for the first time in NYC? Be sure to prep your finances first

apartment is likely the most serious financial commitment youll ever make and New York Citys complicated real estate … questions about what you can afford whether a coop or condo makes better financial sense for you and how to budget … especially when sales are so low What is certain Youll need reserves far beyond that down payment and upfront …

By Evelyn Battaglia |January 21, 2025 - 1:30PM