Follow me on the rest of our real estate journey! We bought a condo in New York City during the COVID19 pandemic, and this is our closing process! I go in depth in terms of what exactly the process was for us in NYC for a condo during the pandemic. Your process may be very different compared to ours based off of location and the type of property you are purchasing. Here is my process and hopefully this gives you more insights to how it is!
My boyfriend, Addison Chen, and I bought a condo in Brooklyn! We are so excited, but we know we are also extremely privileged to be able to do this in our 20s. Many young working professionals I know don’t really know much about money, so in this episode, my boyfriend Addison and I talk about renting vs. buying, how to save for a house, and our home buying experience. It has always been the American dream to buy your own house, have your own family, have some dogs running around in the field, but is that really feasible anymore? We talk about how everything has changed for our generation.
Hey everyone! IT’S FINALLY HERE! We LOCKED DOWN a condo, signed the contract, and entered the closing process! In our previous video, we mentioned going for a renovation project, but in this video, we also discussed why we decided to move forward with our other best choice. It was a super nerve-wracking few months trying to find a condo right for us, getting our offer accepted, and then eventually proceeding to the closing process. We also show a tour of the condo as well!
Thank you everyone for all the help and advice we received during this journey! We really learned a lot about the real estate world and ourselves. It’s tough being a first home buyer during the pandemic and even harder in NYC! Luckily we had an amazing agent and attorney to guide us along the way!
My boyfriend and I placed an offer on a condo in NYC during the COVID19 pandemic! Unfortunately, there was a bidding war and the other buyer had a better financial situation. 😭 We started our offer at 800K and it went as high as 900K. It was crazy. I would say this is probably my least favorite part of the entire process because you could fall in love with a place but lose it because someone else loves it even more or is just more financially capable. This was the condo we lost:
We are considering this condo that is the cheapest out of all of the condos we’re considering but it’s in PARK SLOPE which is an amazing and family-friendly neighborhood, but it’s a renovation project. Is it worth it? There are complications with COVID, and we would also be first home buyers. We have one more video on the final result and if they accept our offer!
Have any of you been trying to renovate during the pandemic? Especially in NYC? I’m sure there are permits and construction that slowed down, but also there are fewer COVID restrictions now than before.
My boyfriend and I are buying a condo in NYC during the COVID19 pandemic! It’s definitely something we’re so proud about being in our 20s, and I only recently paid off my student loans back in February so we could prepare for this.
This video will be the start of our journey with why are we buying, what we’re looking for, and where we’re at in the process. We have two videos coming out as well on us putting in an offer as well! We just signed our contract on Friday!!!
Have any of you been trying to buy a condo during the pandemic? Especially in NYC? Curious about your story now!