How can a millennial without a trust fund afford to buy in NYC?

… of Citizens Bank  It may disadvantage you with the seller if theres a bidding war but with the market changing youll start to see sellers more amenable to lower down payments and thats a … and make predictive guesses about who may be thinking about selling their place  Triplemint  a Brick Underground partner …

By Virginia K. Smith |August 31, 2017 - 8:53AM
How long do you have to own in NYC for your investment to be worth it?

… Its an old saw at this point that New York City real estate is one of the safest … to explain the popularity of our citys market with foreign buyers looking for places to stash their cash And in large … the side says Miller It depends on where your finances are what your employment is and how long you plan to be in this

By Virginia K. Smith |August 29, 2017 - 1:00PM
In defense of renters: Why buying isn't always the right decision

… way here as it does elsewhere in the country The reason is manifold Coops and condos here are expensive and often … from coops and condo boards turn off and disqualify many buyers plus theres just a lot more rental housing stock … building and taxes For condos the numbers are usually somewhat lower are called common charges and dont include taxes …

By Lucy Cohen Blatter |August 28, 2017 - 12:15PM
Thinking your first home purchase should be outside the city? You're not alone (but read this first)

… consider at some point or another especially given that the author spent less than the cost of a Queens coop  for a … things to consider … How will the mortgage work  … The author of the piece says he got a 6 percent interest rate on … he writes because they didnt own their first home But our experts say if youre filing your tax returns in another …

By Lucy Cohen Blatter |April 7, 2017 - 9:59AM
Any regrets? A check-in with a first-time buyer who chronicled her agonizing apartment-hunt for Brick

Buying an apartment in NYC can be so complex an … to buy While we await how her hunt plays out lets revisit the adventures of another buyer who chronicled her … The apartment directly above me sold for $85000 more than what I paid for mine and it was not renovated  Im not gonna

By Lucy Cohen Blatter |April 6, 2017 - 12:59PM