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First-Time Buyers Week
How can a millennial without a trust fund afford to buy in NYC?
… knock anyone whos getting helpwould you say no if your parents offered tens of thousands of dollars for a down … have less than $1000 socked away in savings Thats the differential between the renter and the buyer the down payment … charges that are well below $1000month says Roberson However you might find wellpriced condos in areas like Upper …
So what's a co-op board interview really like?
… they want to hear like how excited you are to potentially live there or how stable your career is … DO … expect board … your monthly charges and contribute to any assessments that may come along in the building A cooperative is shared … your recent affinity for learning to play the saxophone and maybe stick to your enjoyment of hitting the ski slopes in …
Thinking your first home purchase should be outside the city? You're not alone (but read this first)
… Sometimes buying in the city is just out of reachor too large a financial commitment to make especially if youre … 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
… our What Can I Afford column isnt your classic firsttime buyer He is however looking to buy in the city for the first time which as anyone familiar … partner to explore his options … The finances … Income $250000 plus a discretionary bonus of $150000 Retirement …
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 … that can come up Yesterday we launched a new column Rookie Buyer featuring our former Rental Rookie writer whos now on the hunt for an apartment to buy While we await how her hunt plays out lets revisit the …
Looking for an under-$400K apartment? Believe it or not, we've found some in every borough
… Ready to stop renting but dont know how youll ever manage to pay for your own apartment in NYC …
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 …