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

… mortgage and building costs often arent much different than what youd be paying in rent theres unfortunately no getting … awash in wellpriced prewar coops I think most of what millennials will be looking at will be coops because … they can resell quickly if they need to So they think about what  other  young buyers are looking for if they want to …

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?

… the side says Miller It depends on where your finances are what your employment is and how long you plan to be in this … state in a year you probably shouldnt be buying no matter what you make Miller adds But for some people it still makes …

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

… building and taxes For condos the numbers are usually somewhat lower are called common charges and dont include taxes … often get extras when buying … Sometimes the payout isnt what youd hoped for … Assuming youre buying in a …

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)

… to 4 percent The bank didnt look at it as a secondhome purchase he writes because they didnt own their first home But our experts say if youre filing your tax returns in another state a country home will likely be considered a second home even if you …

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

… 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