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

… While one does occasionally hear stories of New Yorkers under the age of 35 whove managed to buy their own apartments the backstory usually involves an … sell Depending on your tolerance for fixeruppers this could be another way to up your potential investment without …

By Virginia K. Smith |August 31, 2017 - 8:53AM
In defense of renters: Why buying isn't always the right decision

… and that renting should just be a temporary thinga brief detour on the way to home ownership But considering that … from coops and condo boards turn off and disqualify many buyers plus theres just a lot more rental housing stock … again all in the last four yearsto find out more about how the buyingversusrenting conundrum plays out in this city …

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 … you want to know the topography Freda says about 98 percent of his customers come from the greater New York …

By Lucy Cohen Blatter |April 7, 2017 - 9:59AM
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 … downsizing to a smaller house in the burbs purchasing a piedàterre in NYC and dividing his time between the two …

By Alanna Schubach |April 6, 2017 - 3:59PM
Is there one right way to save for a down payment?

… a Brick sponsor But while there are some highyield savings account options out there NerdWallet has a helpful roundup … efficient way to save for a down payment on a house says accountant Jonathan Medows  The bottom line is that if you … consider safer but loweryield options such as money market accounts which are like savings account but with higher …

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

By Lucy Cohen Blatter |April 6, 2017 - 8:59AM