Frequently Asked Questions
The market is dynamic with variations according to the zone, but in general it is robust and has high demand.
Costs will range from 2-5% of the home price; this amount includes taxes, legal fees and commissions.
Neighborhoods such as Washington Heights and Queens can offer your more affordable options without sacrificing the convenience and accesibility of services.
A good credit score will make it easier to get a mortgage with favorable interest rates and broadens the availability of financing alternatives.
The process can last from 60 to 90 days, depending on several factors such as financing and inspection.
Aside from the mortgage, you should consider monthly maintenance expenses and possible appraisals of the building.
Supply and Demand influences the prices for rentals; during periods of high demand, prices tend to go up.
Properties can appreciate when there are improvements to the local infraestructure, economic growth and further development of urbanistic projects.
An usual requirement is to demonstrate annual income equivalent to 40 to 50 times the monthly cost of rent and have a good credit history.
Definitely an experienced realtor can offer their local knowledge and facilitate the process to negotiate on your behalf and get the best terms.
HELPING YOU REACH YOUR DREAMS
Trust us to help turn your dreams of home ownership into reality. We are here for you!