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Showing posts from 2017

Single Female Buys Home

Over the last several years, I have attended a ton of open houses and house tours here in Brooklyn. I have noticed that a lot of the potential homebuyers are single and female like myself. Because this homebuying process has been so competitive I have never really surveyed the competition to find out why they chose to buy a home alone. For me, I have always wanted to own something whether I was married or single. I have always had a strong desire to decorate my own home, just how I want without the approval from a parent, a roommate or a landlord. I have also been curious about female homebuying struggles such as dealing with mortgage approval, real estate agents, coop boards or just searching for a property in general.
Female homebuying is not an anomaly. However, at these open houses I’m still met with these “poor dear” looks from real estate agents. Especially among male real-estate agents. I have found real estate agents as a whole to be rather aggressive. Granted they do work off…

I Got Pre-Approved!

So, I guess I’m really doing this now. After hemming and hawing for the last few months, I’m finally ready to begin the mortgage/home search. And what better way to start than getting pre-approved.  Last week, I spoke to a mortgage consultant and after submitting W2, pay stubs, banks statements, etc, I got pre-approved for a mortgage. The mortgage approval amount is pretty much what I expected if not too aggressive for my liking. I’d liked to find a lower priced property than the pre-approval amount.  Also, I’m not opposed to buying a property that needs a little work, I’m just not into doing any major renovation work.  I’m moving cautiously but the bottom line is, I’m once again looking at properties.  I’m really excited. I feel more comfortable, confident this time around. I'm a lot calmer. Maybe because I've been through this process before. I know what I want. I know what I need. I know where I want to be. I'm not intimidated by cost or pushy realtors. 
You, dear read…

Dipping My Toes

While surfing StreetEasy, I noticed that there was a new two-bedroom apartment listed in my ideal neighborhood. The price is absolutely ridiculously overpriced though I was curious and wanted to see the apartment in person. I knew from past experience that the apartment looks much larger usually in person than they appear on line. I clicked the call the agent feature on StreetEasy and I was connected to a Broker name Owen. Owen isn’t the listing agent however he would meet with me at the property and offer me guidance, realtor services if I needed to make an offer.  I wasn’t going to make an offer.  Firstly, the property was ridiculously overpriced.  Secondly, it was small.  The apartment opens into a small foyer where you can see the living/dining area. Left of the foyer was a retro pink bathroom, then a master bedroom with two nice closets (one of them a walk in).  The second bedroom is actually I half bedroom right off the kitchen. Owen made a point of telling me that the kitchen c…

Apartment Stalking

I have a confession.
I’m a stalker.
For the past two months, I have been stalking this perfect two-bedroom cooperative apartment online. Almost daily I view pictures on Streeteasy.com and Zillow.com and breathe a sigh of relief when I see that someone has not yet snapped it up. It’s not a huge place. It’s a two-bedroom apartment with a small kitchen and living/dining area. I have imagined hosting Christmas and dinner parties here. And boy do I let my imagination run wild with design ideas. I have painted the living room a nice grey and hung flowy white curtains to the windows where currently there are blinds. In the kitchen, I have stained the cabinets, modernized the hardware and changed the backsplash to glass tiles that I found at home depot. Despite the imaginary home decor ideas, the apartment is otherwise perfect and in move in ready condition. Except of course that I am not ready.
I am not ready to get off the fence.
I’m not ready to make an offer as yet.
Perhaps it’s a ca…

Budgeting and the New York Lifestyle

The other day I met up with my good friend, Tracey. These days we always seem to talk more about our careers and financial matters.  Tracey and I are in the same career field but have different kinds of responsibility. My job, for a large government agency, requires spending long hours on my feet and travel to many locations. Glamorous it’s not but it allows me a lot of autonomy. Tracey works on a yearly contract for a university in Manhattan. I live in Brooklyn with a roommate. Tracey lives in Manhattan with a roommate.
Tracey complained about her lack of autonomy and job security.  Tracey, like many people, feels that she is underpaid for the lifestyle that she wants to live. I mentioned several times in this blog how totally uncool I am. I don’t hang out in trendy coffee shops and don’t spend long hours queuing to get into the hottest new restaurants. I don’t have a gym membership. Instead I take great pleasure in finding free and inexpensive things to do around the city. Whether i…

Debt Free Journey

In the last few months,   I started 2 new jobs and bought a car. But let me start at the beginning.  In 2016, I made a resolution, along with the usual lose weight promises of years past, this year I had a plan of focusing on my financial future. Managing my debt. I asked myself what goals I wanted to accomplish in 2016 and developed a plan of how to accomplished those goals. I made a vision board and then I drew my own mind map. I was watching motivation videos on YouTube and TED talks. I would watch Suze Orman and Dave Ramsey and be inspired. I was on a goal of financial self-improvement.
I made it a goal to find a higher paying job with my company. I mastered the “tell me about yourself” question and practiced my response in the mirror. I was confident. And after multiply revisions to my resume, careful crafted cover letters and multiple interviews, my hard work paid off. I got a job. Yeah me! Three years after graduate school, I finally got a job in my field.  With new job came …