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First-Time Buyers Week
How long do you have to own in NYC for your investment to be worth it?
… than snapping up some stocks or stashing cash in an index fund and it can take a number of years before … Street Journal analysis over the last three decades the SP 500 outpaced the growth of the Manhattan market by 25 … to resell than a walkup ultimately an apartment purchase is about far more than maxing out your potential investment Its …
In defense of renters: Why buying isn't always the right decision
… the numbers are usually somewhat lower are called common charges and dont include taxes Condo property taxes are paid …
So what's a co-op board interview really like?
… statue artwork outside of the building next door dont Coop boards can deny you for any reason that they want even if … you move in unless its absolutely necessary Though most boards would assume that youll plan on making some sort of … … ask too many questions Unlike a job interview when the boards ask you if you have any questions you dont They are …
Thinking your first home purchase should be outside the city? You're not alone (but read this first)
… the big money ask Paul Magyar a real estate agent with Mirador Real Estate says that many of his clients who are turned … choose to abandon their city buying plans continue renting here and buying outside the city instead The upsides … from the city But there are several things to consider … How will the mortgage work … The author of the piece says …
What can I afford? After a stint in the suburbs, a buyer contemplates NYC pied-à-terres
… To be clear This weeks subject for our What Can I Afford column isnt your … strict Some dont allow piedàterres or sublets To determine what his options are for his first purchase in NYC we asked …
Real-life buyers on the mistakes they made and what they learned from buying in NYC for the first time
… and learn But in New York City you could easily tweak it to buy and learn Purchasing property here is an expensive … We have been the victim of a lot of doityourself home improvements from nonexperts and we have spent the last year … records Find out when everything has been replaced Find out how old the boilers are Ive had such a disaster with my …