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… If you are in the process of buying a New York City brownstone you are well advised to … client starts working on the insurance once the closing is done says closing attorney Adam Stone of The Stone Law Firm … of insurance needed … According to Stone For a brownstone buyers certainly need hazard and liability insurance and its …
… And theyre right Unfortunately the same could be said of buying real estate in New York City Its different here And it is a mistake to sign on the dotted line unless you truly understand the particulars of … and a condo Theres a steep learning curve for firsttime buyers which is why its important to work with an …
… any loan here bigger than $ 726525 qualifies so if youre buying a $1 million apartment and putting down 20 percent or $200000 youll be getting a jumbo loan Why … government imposed higher fees on banks to discourage buyers from borrowing money for real estate they cant afford …
… Thinking of buying an investment property in the cityfor under … for less than $500k In which Manhattan neighborhood can I expect to get the highest rent and the best return on my investment … THE REALITY … …
… If youre trying to buy a place in New York City youre likely getting pretty … year compared to last and reduce what you can afford to buy Mortgage rates are rising faster than expectedin fact … to strategies like opting for adjustable rate mortgages buying points and fixing their credit score Not every tactic …
… If you have the funds for a down payment you may be tempted to wade into the NYC market An oversupply in new development is giving buyers lots of choices and plenty of bargaining power In …
… This is the latest installment in our Rookie Buyer series which follows one couples quest to purchase the … the mistakes they made in hopes that other firsttime buyers wont have to We had an offer accepted on an apartment … the basics of mortgages in my last column to give wouldbe buyers an understanding of what youre getting yourself into …
… When you use financing to buy a house or apartment your monthly mortgage payments … of borrowing is to buy mortgage pointsalso known as buying down the rate prepaid interest or discount points The goal … transaction she says An important consideration in NYC for buyers is having enough to pay your closing costs including …