might be buying

personal things | Monday, July 26th, 2004

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.

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  1. 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

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