Buying a Home....in NYC
Most people don't have the thought or what it takes to have their own home. 30 years of stable income isn't gaurenteed, so it's a risk, a gamble. *Have at least 30 to 35%, or 40% of your dream homes Listing price...For down payment....Ideally, it's best if you have 50% but low likihood for most people. *Have that amount in the bank for a while..... Aka at least two months and up....if you want a higher chance to be approved for a bank loan. Or dream of IRS concerns ...Esp if your income don't match "your full cash" purchases.... *Think of how much you can pay off while maintaining your life habits with your current income. For a loan of $100,000 to be paid off in 30years, it's about $477 each month.... Not including ....Condo/house...Property tax and Condos have common charges..On top of that Co-op.... Maintaince fees...And usually don't include all utilities. .. Queens : A cheap crappy co-op roughly about $200,000 right now.... The studi