MrTed46 Posted March 10, 2007 Share Posted March 10, 2007 Hi guys, I just got my new job which I am real excited about and I decided I am going to purchase a home. I have great credit and make decent amount of money. I remember reading a thread specifically for first time home owners but I can't find it (still searching). Can anyone give me advise on mortgages and such. I live in NYC if that makes a difference. Quote Link to comment Share on other sites More sharing options...
Clubfoothead Posted March 10, 2007 Share Posted March 10, 2007 I live in NYC if that makes a difference. I think it probably means you are about to spend more money that I can imagine. Hopefully Big John can find that old thread for you, it was a great thread. Quote Link to comment Share on other sites More sharing options...
MrTed46 Posted March 10, 2007 Author Share Posted March 10, 2007 I think it probably means you are about to spend more money that I can imagine. Hopefully Big John can find that old thread for you, it was a great thread. Your correct. The house I love is going for $750,000 and its on a small property. I can probably get it down to 700,000 but thats still insane. NY is def overpriced but the good thing is that property here only goes up so I dont have to worry about anything when its time to sell it. Quote Link to comment Share on other sites More sharing options...
Clubfoothead Posted March 10, 2007 Share Posted March 10, 2007 Your correct. The house I love is going for $750,000 and its on a small property. I can probably get it down to 700,000 but thats still insane. NY is def overpriced but the good thing is that property here only goes up so I dont have to worry about anything when its time to sell it. My cousin is a vet. Not military as in animal doctor. She lived in Boston for a few years. Rented an efficency apartment for like $1,300 a month. Good luck. Did you check the archives forums? Quote Link to comment Share on other sites More sharing options...
Clubfoothead Posted March 10, 2007 Share Posted March 10, 2007 http://forums.thehuddle.com/index.php?showtopic=85271&hl= Quote Link to comment Share on other sites More sharing options...
whomper Posted March 10, 2007 Share Posted March 10, 2007 Hi guys, I just got my new job which I am real excited about and I decided I am going to purchase a home. I have great credit and make decent amount of money. I remember reading a thread specifically for first time home owners but I can't find it (still searching). Can anyone give me advise on mortgages and such. I live in NYC if that makes a difference. I would look in NJ..You will get incredible bang for your buck here compared to NY and most cities make a point to have a easy NY commute available..Private school in NY is insanely expensive to . Im not sure of your marital / Kids situation..Im a liscensed NJ realtor if you ever wanted me to send you some listings.. Quote Link to comment Share on other sites More sharing options...
isleseeya Posted March 10, 2007 Share Posted March 10, 2007 I would look in NJ..You will get incredible bang for your buck here compared to NY and most cities make a point to have a easy NY commute available..Private school in NY is insanely expensive to . Im not sure of your marital / Kids situation..Im a liscensed NJ realtor if you ever wanted me to send you some listings.. I agree ...its worth taking a look in nj ...you will get a whole lot more for your money Quote Link to comment Share on other sites More sharing options...
spain Posted March 11, 2007 Share Posted March 11, 2007 I would look in NJ..You will get incredible bang for your buck here compared to NY and most cities make a point to have a easy NY commute available..Private school in NY is insanely expensive to . Im not sure of your marital / Kids situation..Im a liscensed NJ realtor if you ever wanted me to send you some listings.. Plus, gay marriages are legal in Jersey.... Quote Link to comment Share on other sites More sharing options...
alexgaddis Posted March 11, 2007 Share Posted March 11, 2007 Chicken man, any mortgage questions you have come to me...I only do loans in Minnie so I can only offer free advice... just remember I am a cheating bastage... Quote Link to comment Share on other sites More sharing options...
MrTed46 Posted March 11, 2007 Author Share Posted March 11, 2007 Thanks AG and gang. AG - I will PM you sometime shortly. Ill trade you Urlacher for advise... Quote Link to comment Share on other sites More sharing options...
spain Posted March 11, 2007 Share Posted March 11, 2007 Thanks AG and gang. AG - I will PM you sometime shortly. Ill trade you Urlacher for advise... www.bankrate.com Quote Link to comment Share on other sites More sharing options...
MrTed46 Posted March 11, 2007 Author Share Posted March 11, 2007 www.bankrate.com For some reason they dont have NY Listed Quote Link to comment Share on other sites More sharing options...
isleseeya Posted March 11, 2007 Share Posted March 11, 2007 Plus, gay marriages are legal in Jersey.... True but the sheep are safe in nj ...where as in tenn the sheep are running for their lives Quote Link to comment Share on other sites More sharing options...
MrTed46 Posted March 11, 2007 Author Share Posted March 11, 2007 I can def get more for my buck in New Jersey or even Long Island but I love being close to my friends, family, and the city...so thats not an option for me. I do appreciated the help Whomper Quote Link to comment Share on other sites More sharing options...
Chavez Posted March 11, 2007 Share Posted March 11, 2007 Chicken man, any mortgage questions you have come to me...I only do loans in Minnie so I can only offer free advice... just remember I am a cheating bastage... As long as you warn him about broker rebates and yield-spread premium, it's all good. Quote Link to comment Share on other sites More sharing options...
MrTed46 Posted March 14, 2007 Author Share Posted March 14, 2007 Wish me luck. I just made an offer for this house I fell in love with. They accepted the offer and I have been pre-approved for the mortgage...now its just left for contracting. My Home Engineer is going Friday to inspect it also. I am keeping my fingers crossed that no one throws a bigger offer until everything is finalized. Thanks for all the advise! I hope I get it. Quote Link to comment Share on other sites More sharing options...
Puddy Posted March 14, 2007 Share Posted March 14, 2007 Wish me luck. I just made an offer for this house I fell in love with. They accepted the offer I am keeping my fingers crossed that no one throws a bigger offer until everything is finalized. Doesn't their acceptance of your offer mean they can't accept a higher offer (unless you don't uphold your part of the deal)? Quote Link to comment Share on other sites More sharing options...
MrTed46 Posted March 14, 2007 Author Share Posted March 14, 2007 (edited) Doesn't their acceptance of your offer mean they can't accept a higher offer (unless you don't uphold your part of the deal)? I would assume so. But my real estate agent said that she has seen instances where they would cancel it since nothing is on paper. Was a verbal acceptance...forgot to mention. The offer goes on paper Friday 3:30pm EST. Edited March 14, 2007 by MrTed46 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.