1st time buyer
Started by anonymous
over 19 years ago
Posts: 8501
Member since: Feb 2006
Discussion about
I am a 1st time buyer and found a small studio apartment in brooklyn heights for $225K. Is this a smart purchase?
Do you really want to open a Pandora's Box before the weekend begins with this question? Since man began growing crops owning land has had value. Before others get carried away with their responses, have a heart to heart with yourself. Last summer my son was in the same situation as you, a first time buyer. When it came down to asking the same question, is it a smart purchase, all I said to him was, close your eyes and ask yourself, Can you see yourself living here over the next few years? Your heart and gut will tell you if it's a smart purchase! And if you've done your homework you'll know!
if you are not in LOVE with it ...walk away,
above poster is exactly right, trust your gut and keep going to open houses
in this market there is no rush to buy