Borough Park is home to one of the largest Orthodox Jewish communities outside of Israel, with one of the largest concentrations of Jews in the United States and Orthodox traditions rivaling many insular communities. Since the average number of children in Hasidic and Hareidi families is 6.72, Borough Park is experiencing sharp growth. Its heart lies between 12th and 18th Avenues and 40th and 62nd Streets. Boro Park has expanded significantly in the last few decades as Jewish families moved into adjoining neighborhoods, creating borders as far as 8th to 22nd Avenues between 36th and 65th streets.
Table of Contents
- INTRODUCTION
- New York City – The best place in the U.S. To buy
- About New York City
- Why buy property in NYC?
- Why buy now?
- Why is buying better than renting?
- The buying process
- Choose Real Estate professional
- Set price range
- Determine how to pay
- Mortgage Prequalification
- Select price range
- Determine search criteria
- Why are you buying?
- What do you want in your new home?
- Choices
- Review and visit homes
- Search for homes
- Select home
- Offer
- Prepare and present
- Negotiate and accept
- The Legal Stuff
- The negotiation process
- Selecting an attorney
- What is due dilligence?
- The contract
- The mortgage process
- Board approval
- The “walk through”
- The closing
- Estimated closing costs – Coop Purchase
- Estimated closing costs Coop Sale
- Estimated closing costs – Condo Purchase
- Estimated cosing costs – Condo Sale
- Estimated closing costs – New Construction Condo Purchase
- Disclaimer
- Credits
- Glossary of real estate terms
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