We are Manhattan New York Condo specialists, we have many out of town first time investors and buyers that would like to acquire a Manhattan New York condo as part of their Real Estate investment portfolio.
We often have a check list of basic steps to educate the buyers as to how to get started. Here is a good check list:
- If you plan on financing, it is essential to talk with a reputable LOCAL MANHATTAN NEW YORK lender or mortgage consultant to see how much can you finance in today's market. In today's market, lending guidelines are changing by the day, it is in your best interest to see what will it take to qualify for a loan. We can recommend you several experienced bankers to ensure you are working with someone that is reputable.
- Do your homework on the agent you decide to work with. We have successful track record and great testimonials from our past clients. We are very well versed in Manhattan New York market, we have sold many Manhattan New York condos to first time home buyer, first time investors, foreign internationals, parents buying for children and many serious and motivated buyers. A Condo or Co-Op? Uptown or Downtown? Do you speak specific language that you preferred the agent speaks your mother tongue? Do you need an agent that work specifically with foreigners? Go on a search engine such as Google or different internet search engine, try type in what you are looking for, and see if any agent shows up on the search result.
- Do Have a realistic budget of what you are looking for. Manhattan New York condo is approximately $1,000 per square foot, so unless you are looking for a 500 SF one bedroom, you will need more than $500K to buy a one bedroom condo. (the price will also depend on the building amenities, such as fitness center, residents lounge, roof deck, basketball court, swimming pools and etc.)
We work with many buyers that is new to Manhattan New York market place, we educate about Manhattan New York Real Estate market,buying process and all the steps along the way we are there to ensure the transaction is smooth and stress free. If you are searching to purchase a Manhattan New York condo, whether for investment or second home, we encourage you to give us a call today at (917)837-8869.
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