As I am considering to move closer to my office, I am irritated by other real estate agent’s labeling of an apartment that has two bedrooms but clearly has only one. Unfortunately, real estate agents in NYC are notorious for that!
If you were to ask different professionals in the real estate world, it will end up being a heated debate, that’s why! There are so many pro buying and pro renters out there who will stick..
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.
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.