Was this before or after the housing market crash? lol
I got a house right after that happened and they changed all the requirements it was a pain I heard they relaxed everything a bit now.
started searching with a realtor around august of 2010, after looking at 24 houses and loosing bids on 3 of them, I finally had an offer accepted in late october 2011…but the title had all 8 children of the owner on it and they all lived in different states…I didn’t get to close until Feb 4th 2011. I was fucking PISSED it was taking so long with all the sig’s required to process and my lawyer had to write a letter threatening forfeiture of the deal if all sig’s weren’t in by Jan 31st to get things moving.
On the NY level…
My company has been in NY for over 50 years. Last month a NYS comp auditor stopped by and complimented us on our operation. A couple weeks later I get a bill for an additonal $8600 for worker’s comp because the guy decided to change our classification. Mean while Cuomo gives $50 million to a research company that is not even financially solvent. I guess all this state wants is things like UB, Roswell, and research companies. I seriously need to get out of this hell hole. The way they treat me, I don’t think NY will miss the millions of dollars I bring into this state every year.
Why do I “bring in” millions you ask? Because all of my New York customers either went out of business or moved out of NY!
Let me know where you end up, maybe I’ll follow your lead. You have WAY more to be mad about than I do…the above is a big part of what’s wrong with this country. You could produce your goods ANYWHERE you want, you’d think they would be happy you choose to stay in NY.
We are currently moving our business to NH due to their tax policies. I would highly recommend getting out of NY if you could.
We’ve actually been half joking about leaving the country. Cayman islands here I come.
Well then I’m in about the same boat as you were. Should be a fun first few years, looks like I’m going to have to readjust to budget drinking and living off rice and beans. Wooooooooo!
just be careful on the first year tax/escrow assessments…I worked for the county when I bought mine and happened to have access to the proper tax figures without the rediculous breaks senior citizens get and hand delivered it to my mortgage writer to prevent them from under-estimating the escrow…they still did…FUCKERS. my mortgage was $605/mo for the first year, then they realized they estimated the taxes on the previous owner paying $190 a year in school taxes instead of the $1400ish the house is assessed for…so I’ve been paying $902/mo since last february to make up the different in addition to the shortage. Looking forward to it coming down to about $720/mo for march 1st again. If I hadn’t gotten the new job, I’d surely be foreclosed on by now…just be vigilant in your purchase, the final documents don’t break down the escrow assessment…so you might want to ask for that info before closing.
The increase was under $40/month. sorry for the confusion.
Yea, im still 70/30 
Yeah, the exact same thing happened to my brother, former owner of his house was a vietnam vet. His rates just went down after paying out the ass for the past year, so I’ve been keeping a watchful eye out for that. I looked up the town and county records for the one I offered on, the former owner was using no deductions whatsoever(not even STAR) so I’m clear on that front. Luckily the website Tonawanda uses for that is easy to find and use.
I missed the STAR reg window when I got the house becuase it was the year they moved the deadline up to march1st or something…so I only was able to apply it for 2012…can’t wait until I see the refund check LOL.
Plan for fluctuations and repairs by not living paycheck to paycheck. Homeowners insurance, hot water tanks, ice jams, tax adjustments etc… really can shit on your parade as a homeowner. If I could do it all over again I would have bought a double or multi-unit personally. Are you doing single family or income property?
Wanted to go multi-family but the market for them has been picked dry, the one I offered on is a single. I’m well aware of having a nest egg saved up for repairs and all that. I’m using the $7,500 from the first home buyers club, as well as a $7500 0% interest deferred loan the town of tonawanda offers for all the closing costs/down payment. All in all I should have at least a couple grand in my savings as a sort of rainy day fund.
when do you get that shit?
Aaaaaaand I just got the call from my realtor, settled on a price for the place and I’m signing off on the price changes tonight woooooooo.
Sweet :tup: Good job on the research and use of programs available too.
Where abouts if you don’t mind me asking?
For the single I settled on, or where I was looking for doubles?
single
Near Sheridan/Belmont, pretty close to Thomas Edison Elementary if you know where that is.
Back on topic, it looks like I lost about 15 bucks out of my bi-weekly check, so nothing major but still annoying.
What makes it even worse is this!
They taxed us more on work we did in 2012!