Ep. 37 -- Minimum Down Payment for 1st Time Home Buyers, Guide to Challenging your Tax Assessment, Mortgage Rates drop to Pre-Pandemic Levels
Description
In this episode, George addresses a question received from a potential home buyer who is curious what the minimum down payment is if he is a first time buyer, but his wife is already a co-signor on another property. George then talks about a recent Aha in which he learned the actual steps that must be taken in order to challenge your NYC property tax assessment. George then talks about 2 new listings that just hit the market this week (1 bedroom junior 4 condo in Forest Hills and a 2 bedroom coop in Jackson Heights) and lastly discusses what's going on in the stock market and economy.
Step by Step Guide to Challenging your Tax Assessment:
https://www.queenshometeam.com/blog/step-by-step-guide-on-how-to-challenge-your-nyc-property-tax-assessment/
New Listing in Forest Hills (1 BR Junior 4 Condo):
https://search.queenshometeam.com/idx/details/listing/b056/3376539/119-49-Union-Turnpike-12A-Forest-Hills-NY-11375
New Listing in Jackson Heights (2 BR Coop):
https://search.queenshometeam.com/idx/details/listing/b056/3378190/34-40-78th-Street-2H-Jackson-Heights-NY-11372
Mortgage Rates drop to Pre-Pandemic Levels:
https://fortune.com/2022/02/23/mortgage-applications-plunge-pre-pandemic-levels/