might be buying
i may be buying an apartment soon, even though i wasn’t quite ready to (15 months of unemployment puts a dent in the ol’ savings). but an opportunity has come up to do a “1031 exchange” with my aunt to help with the downpayment. since i co-signed on her last mortgage, this is her way of helping me out in return.
regardless of whether it all works out or not, i’m learning a lot about the process. from inspecting my credit report from all 3 bureaus to learning the quirks of NYC real estate (coops are scary) and the whole contract/mortgage process…it’s all good to know.
oh, how i love my current apartment so…but i gotta give this a shot and see what happens.
we have a friend who’s an agent in nyc. let me know if you want his info.
Comment by c — July 27, 2004 @ 2:13 pm