Only in New York, or as far as I know, there are such things as cooperatives (co-ops). Here, co-ops and condominiums (condos) seem to cause so much confusion, uncertainty, and loyalty depending on the person you talk to.
We live in a world that is over saturated with distractions, materialistic happiness, and the mentality that busyness equals success. There are so many things that aren’t in our control that we tend to worry about, all the time. We tend to over think the future and dwell on the past that we can not change.
City life is stressful, really stressful. So stressful that it makes you cranky, anxious, miserable, and depressed. This seems to be true for almost the entire population of New Yorkers. The importance of taking care of yourself and having time for yourself is what keeps you away from insanity in this insane world.
Never bought a home before but thought that it may be time to dive into investing in one? Well before you do, let me give you some tips to help you make a more educated decision before stepping into the world of home ownership.
Here are the 7 things you should know before buying a home.
1) CAN YOU AFFORD A HOME?
So you’re done with renting or living with family or friends and you’re ready to move on up to obtaining your first big investment. You’re now ready to buy your first home!
Congrats on making, in my opinion, this wonderful and smart decision. Buying your own place is a great thing, hell, if you want to keep renting and just get an income producing property, that is a smart choice as well.
I feel everyone should own property and have the power to choose in living in it or renting it out. Property is an asset that usually increases in value, if you make the right choices on where you obtain it, and it can be liquidated when necessary or even borrowed from like your own personal bank.
Buying a cooperative share isn’t as simple as buying a condo unit due to the fact that you will have to go through an application and board interview as well as your financing priorities. If you..
Home buying or purchasing an investment property can be the most expensive type of investment you will make in your lifetime. One important thing you need to be aware of when you submit your offer is that the contract is…