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

… stories of New Yorkers under the age of 35 whove managed to buy their own apartments the backstory usually involves an … to be able to buy with just 10 percent down With condos as long as you have a commitment letter from the bank they dont … charges that are well below $1000month says Roberson However you might find wellpriced condos in areas like Upper …

By Virginia K. Smith |August 31, 2017 - 8:53AM
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 … from the city But there are several things to consider … How will the mortgage work  … The author of the piece says … to qualify for a vacation home than it is an apartment As long as the income assets and credit work she says And …

By Lucy Cohen Blatter |April 7, 2017 - 9:59AM
Is there one right way to save for a down payment?

… If youve even done some casual research into buying real estate for the first time youre likely all too … of dollars needed this leads to a natural followup question How  should you be saving The simplest course is to get into … youll be sacrificing the potential to let your money grow along with the market Youll need your funds to be liquid at …

By Virginia K. Smith |April 6, 2017 - 11:59AM