Forum Archive: Posts by: bocci

I was planning on entering the market for a 1 Bedroom condo at the end of the year when my lease expired. I planned to have ~30K in the bank by the end of the year for closing costs and downpayment. My budget is about 350K. Location wise my first choice is East Williams but I’ve also been looking at Bed Sty, Green Point, Bkln Hgts and Clinton Hill. Looking for places online and going to open houses has sort of become a hobby so I went to go see a place yesterday in East Willamsburg about 3 blocks north of the L’s Grahm stop . I didn’t really intend on making an offer but the broker was making some compelling arguments. They offered to cover my rent for the rest of the year, and chip in for part of the closing costs. The place is listed at 370, but he is willing to come down to 340. The place is on the 3rd floor and 639sqft. The rub is I only have 10K in the bank right now so I would have to finance more than I would like. It seems like a good deal, I was just wondering what other people thought about it.

Thanks in advance.