Diary of a First-Time Buyer: 13 lessons learned after 60+ apartments

… two attorneys three brokers and two coop board applications what did I learn Here are a few takeaways I am happy to … get a handle on whether I wanted a coop or a condo Even if you dont want to drill down to the fine detail its good to … knowing that I could not only afford my mortgage and current maintenance but also having enough money left over …

By Elle Bee |August 5, 2013 - 9:57AM
Closing time: On June 27, 2013, I finally became a co-op owner

… official documents identify me as Elena the name my parents gave me  It never occurred to me as my entire credit … The only person missing was the seller I was curious to see what kind of person had lived in the apartmentwas she a … her eyes at every provocation She told the banks attorneya young quiet welldressed manthat she would refuse to notarize …

By Elle Bee |July 15, 2013 - 12:34PM
My co-op board interview: Sometimes you need to leave the Marc Jacobs bag at home

… I felt a wave of relief that my own piano wouldnt be a deterrent Downstairs we met Carla another board member And that … via email to the others Were basically meeting to make sure youre not a chainsaw murderer Carla said We all laughed It … new apartment would be about 250 square feet smaller than what I had been living in for the past eight years I had …

By Elle Bee |June 17, 2013 - 10:22AM
The two most beautiful words a mortgage applicant can hear

… lender with access to more flexible loan products than what commercial banks can offer  I was assigned by phone to … taken out no new credit or ever had a late payment   Apparently none of that mattered We can get you a better loan with better terms he said Peter …

By Elle Bee |May 6, 2013 - 1:42PM
Hell is applying for a mortgage...as a self-employed writer

… to an assignment but sent her an email from my phone What is the income requirement the ratio theyre now seeking … approved Its inconceivable this cant go through But I know youre here to help so I look forward to your update Thanks … phone Next up Master of my domain Elle Bee is a lifelong renter currently in the process of buying a Brooklyn …

By Elle Bee |April 22, 2013 - 11:41AM
Elle makes a deal

… where often I felt like I saw the same faces just different apartments The first thing that struck me about No 35 a … had only one windowbut with high ceilings and an open layout it seemed gracious and had a nice flow to it I liked … FirstTime Buyer   Related posts How to Buy a NYC apartment What I learned from 150 apartments before I finally bought …

By Elle Bee |April 8, 2013 - 2:10PM
To pick up the pieces, shut off your Trulia alerts and go on the rebound

… run and it takes one week of inactivity to lose all youve gained    And so once I quit runningrunning after … up for a new round of open houses  Elle Bee is a lifelong renter determined to buy an apartment in NYC  She is … FirstTime Buyer   Related posts How to Buy a NYC apartment What I learned from 150 apartments before I finally bought …

By Elle Bee |February 25, 2013 - 3:03PM
After the board interview, a title search bombshell

… a notice from the coop board accepting my application What I was in They liked me It wasnt exactly a Sally Field … Groundhog Daya repeating fuzzy spiral of the same bad event Youve been in it this long lets give them the 30 days … real Next up Bye bye Brooklyn     Elle Bee is a lifelong renter currently in the process of buying a Brooklyn …

By Elle Bee |February 11, 2013 - 2:12PM