Many years ago, my husband and I moved to Riverdale from Manhattan and purchased a co-op apartment (or, more correctly, stock shares in the co-op corporation that provided us with a proprietary lease that made us tenants of the co-op corporation and permitted us to occupy the apartment). We answered an ad in The New York Times, took the express bus and walked
It’s obvious that buying a home is an expensive endeavor. However, just how expensive, and what makes it so expensive, are two things that often elude the typical first-time home buyer.
Most first-time home buyers find themselves
When underwriting a loan, lenders follow the guidelines of Freddie Mac and Fannie Mae, the largest buyers of mortgage loans and the FHA for government loans. Mortgage professionals know the advantages and disadvantages of each, and now… so will you.
(BPT) Anyone who’s ever bought or sold a home knows how even little things can sway a buyer to feel a particular house is “just right.” While major features such as a good location, a big kitchen, and a certain number of bedrooms and bathrooms all drive a home’s price and how attractive it is to buyers, small
It doesn’t take a lot of money in terms of down payment and closing costs to buy a home. There are many new programs on the market and several ways to structure a mortgage loan. The less you put down, the greater the starting mortgage balance and the larger the payment; therefore, the more in income you need to qualify.
A few months ago, my friend and I agreed to meet at the garden where 29th meets 35th. Sounds like we were meeting in Manhattan to catch a sporting event at Madison Square Garden. Better than that, we were getting together in the center of Jerusalem.
In the beautiful neighborhood of Old
(StatePoint) It’s that time of year again when you’ve installed screens in your windows to better enjoy the weather. But rain and wicked weather can impact your home at any time of year. Could your home use storm doors to add extra ventilation in warm weather and help protect it against tough conditions year-round?
A storm door can be an effective defense
I recently saw a spectacular beach house that was listed for sale at $3.9 million dollars that made me very disheartened. Here is the story…
About three years ago, I was working with a client who had a beach home that he bought with a partner as an investment property. They purchased the property and
(BPT) The melding of contrasting materials throughout the home is a sophisticated way to add visual interest and depth to your design. Bold finishes coupled with muted color tones create an eye-catching statement, while natural wood combined with cool metal boasts a stunning blend of nature and machinery. From partnering unconventional
When a prospective buyer asks about buying a co-op apartment, the first order of business is to inform the buyer that there will be no purchase of co-op stock shares unless the buyer meets the financial requirements set by the board of the cooperative to which he/she is applying for purchase.
Due to these requirements, many people ask if there are
Buying a home is an exciting process. After all, you are getting ready to move to a new home. When the seller accepts your offer and your loan is approved, and you have conducted your inspections, the buying process is not over. You have one final step—the walk-through. This is when you verify that your new home is still as
(StatePoint) Buying a home for the first time? You may discover that one of the biggest obstacles is learning the lingo. Homebuying can be overwhelming and perhaps a bit intimidating if you aren’t familiar with the terminology.
To help aspiring homeowners gain confidence in the