Wondering can I buy any living condition, house, condo for around 75K in queens,bronx, manhatten, or brooklyn. No apartment I want to own it and if not where can I?
2006-06-26 17:37:21 · 24 answers · asked by ? 3 in Travel ➔ United States ➔ New York City
Currently live in the Bronx
2006-06-26 17:49:54 · update #1
Sure, look into foreclosures. It may take time, patience, and a lot of elbow grease, but nothings impossible. You're open to the surrounding burroughs, so that's good.
Good Luck!
2006-06-27 03:14:35 · answer #1 · answered by themommaofthreeboys 2 · 6⤊ 0⤋
If you find one for that price it would probably be extremely small or be a 'fixer-upper' which could lead to much more money..... one of the girls in my company just bought a tiny condo in Westchester for $96K but it is very small, like a studio. But you might find a deal in the North Bronx or certain parts of Brooklyn. Forget Manhattan and Queens for that price. Just be very certain that the area you are buying in is a safe place to live! Check out the Woodlawn section of the N. Bronx. Nice, safe area if you can find a place. Good luck!
2006-06-26 17:48:09 · answer #2 · answered by michael g 6 · 0⤊ 0⤋
You can't buy LUNCH in NY for 75K. I hate to be discouraging but for 75K you will have to go to a rural or small town area and buy small. If you are young and just starting out, get a trade like dental hygenist, hairdresser or mechanic and you can pretty much go anywhere you want and buy a house where you can afford to buy.
2006-06-26 17:43:30 · answer #3 · answered by ckswife 6 · 0⤊ 0⤋
R u out of your mind- if you live in the bronx you should know this already - 75 K is more like a down payment
2006-06-27 06:06:45 · answer #4 · answered by girl 3 · 0⤊ 0⤋
Dude I bought a small 2 BR coop (about 500 sq ft) for 75K in 1992 -- it's worth 400k or so now. You can't get anything within 200 mile radius for that. A run down shed somewhere in upstate you could get for that.
2006-06-27 07:51:22 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Doesn't sound like a bad idea although if you plan to use your VA Home Loan benefits it will need to be your primary residence. Any other financing would also require it to be your primary residence or you would be subject to higher rates and much more difficult programs to qualify for. Whether your in-laws really pay or not the responsibility will still be on you.
2016-03-27 05:32:53 · answer #6 · answered by Anonymous · 0⤊ 0⤋
No. sorry try millions, but hey you can have a nice time shopping. don't mean to shoot down any of your dreams. Yeah...I plan moving back toNew York after graduating.Hopefully. But look into it more you may be able to find a deal if you go toward the out skirts. Because anything in the city is going to be HIGH. Man..
2006-06-26 20:18:15 · answer #7 · answered by Taylor made 2 · 0⤊ 0⤋
I don't know how you will make the payments and support your drug habit. I assume that if you think you can buy anything in NYC for 75K that you are on drugs.
Check out the prices the site below.
2006-06-27 02:38:09 · answer #8 · answered by NYman 4 · 0⤊ 0⤋
I suggest trying to get one in Ulster County, NY. It is 100 miles north of NYC (an hour and a half away) and you can get it cheaper if you look around. Look into it. Lots of New Yorkers commute from around the hudson valley.
The prices are in your range and a lot of this area is beautiful. I know people who have traveled all over the WORLD and they consider the hudson valley to be one of the most beautiful, scenic places.
2006-06-26 19:32:12 · answer #9 · answered by Anonymous · 0⤊ 0⤋
No, not even a condo. Perhaps you might still be able to buy a Co-op, but if its only valued at $75K, I would stay clear of it.
2006-06-27 00:53:00 · answer #10 · answered by rooter 2 · 0⤊ 0⤋