Friday Links

i want to buy that.

Posted by: guest at March 21, 2008 8:17 AM

i want to buy that.

Posted by: guest at March 21, 2008 8:17 AM

Babs says it is hour train ride to mid-town from Clinton Hill or Kensington. She obviously has never taken the train to either. Probably has never taken the subway anywhere.

Posted by: guest at March 21, 2008 8:50 AM

Re:Judges parking spaces. Security issues Gerges claims. What a bunch of bunk. Security is the lame excuse for everything these days.

Posted by: guest at March 21, 2008 8:53 AM

Are there really decent studios in BH for $230K? Babs also forgets the maintenance on top of that.

Agreed, I don't think her advice is particularly good. See 8:50 above.

Posted by: guest at March 21, 2008 9:21 AM

Just curious anyone out there interested in something really unique for their home? check out these mantles at www.rcfurniture.net

Posted by: guest at March 21, 2008 9:24 AM

the car is a type 3 fastback. check one out at thesamba.com.

enjoy.

Posted by: guest at March 21, 2008 9:24 AM

rcfurniture: hideous.

Posted by: guest at March 21, 2008 9:39 AM

Making 50K and affording 200-250? Please pass me what ever she's smoking.

50K= monthly take home around 2800

225K with 20% down = 1080 monthly

Maintenance app 500 monthly

Utilities app 250 month (tv, internet, phone, electric etc)

So, about 975 a month to live on. Sure, it's possible to get by on about 200 a week if you don't have student loans (person in article is young) credit card debt, or plan on saving anything.
It's this kind of advice that has gotten us into this credit crisis in the first place.

Posted by: guest at March 21, 2008 9:57 AM

your numbers are off, 9:57. and i know because i own a studio around that price.

first of all, my maint. is 250 a month.

secondly i don't buy cable or phone, so my internet is 50 bucks and my gas and electric is 50 bucks.

so you need to add another 350 a month to that money to live on.

its fine as long as you have no debt.

Posted by: guest at March 21, 2008 10:04 AM

But the point is, to tell a 25-year-old that they should buy a place that's five times their annual salary is idiotic.

Posted by: guest at March 21, 2008 10:14 AM

Can someone send me Bab's number. I want to buy that 1BRM in Clinton for 250K.

Posted by: guest at March 21, 2008 10:29 AM

Bimbo doesn't even know the crap she's shilling for. Cheapest "one bedroom" (469 sq. ft!) in Clinton Hill on her website is $305K.

Posted by: guest at March 21, 2008 11:17 AM

Good for you 10:04 AM, but the point is most people do.
And looking at what's available right now for 225 on the NYT Real Estate - average maintenance is 500.

You've got a good deal and live without some things, but most people will have these costs.

Posted by: guest at March 21, 2008 11:43 AM

Babs clearly has no clue. I live in Clinton Hill, on the G line no less, and it takes me 35 minutes at most to midtown. It's about 5 minutes farther from the bridge than the Heights. Oh and there hasn't been a $250G apartment in this hood in two years. Uhm.. and it's nowhere near Kensington in geography, vibe, or desirability ( no disrespect to Kensington folks! K is great, just not nearly as close to the city)

Posted by: guest at March 21, 2008 12:02 PM

I thought the rule of thumb for a mortgage is 3x HHI, so that makes a mortgage of $150K. If he has $30K for downpayment, then he can spend $180K for... I don't know what he could possibly buy in the five boroughs. Assuming the unlikely scenario he has no debt.

BUT, if you go to the second page, Babs gives some very interesting advice to someone whose illegal immigrant sister wants to buy a home. Verrrry interesting.

Posted by: guest at March 21, 2008 12:11 PM

10:29

funny. lmao! ha ha

Posted by: guest at March 21, 2008 2:47 PM

Total Bimbosity.
The woman is richer than God and has forgotten what it must be like to breathe on her own.
Real estate's own Marie Antoinette.
Oh if we could only make a revolution work!!

Posted by: guest at March 21, 2008 9:45 PM