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Rent to Own Homes in New York
When New York is mentioned, does your mind automatically pull up images of the crowded New York City streets? While many New York residents are attracted to this northeastern state because they want to live in the dynamic New York City Metropolitan Area, there’s more to New York State than the Big Apple.
While it’s one of the most populous states in the United States,... Read More
When New York is mentioned, does your mind automatically pull up images of the crowded New York City streets? While many New York residents are attracted to this northeastern state because they want to live in the dynamic New York City Metropolitan Area, there’s more to New York State than the Big Apple.
While it’s one of the most populous states in the United States, there are areas of New York where the streets are less crowded, natural green space is plentiful, and residents live in spacious homes rather than small apartments. Many of the most popular areas are just north of the city in Westchester County or in Western New York. Some of the wealthiest Americans live in Tarrytown, and areas like Mamaroneck offer all the charm of a small town. In the western regions, there are state parks, waterfalls and other natural features that keep residents active year round.The below results are primarily rent to own homes in :
When New York is mentioned, does your mind automatically pull up images of the crowded New York City streets? While many New York residents are attracted to this northeastern state because they want to live in the dynamic New York City Metropolitan Area, there’s more to New York State than the Big Apple.
While it’s one of the most populous states in the United States,... Read More
When New York is mentioned, does your mind automatically pull up images of the crowded New York City streets? While many New York residents are attracted to this northeastern state because they want to live in the dynamic New York City Metropolitan Area, there’s more to New York State than the Big Apple.
While it’s one of the most populous states in the United States, there are areas of New York where the streets are less crowded, natural green space is plentiful, and residents live in spacious homes rather than small apartments. Many of the most popular areas are just north of the city in Westchester County or in Western New York. Some of the wealthiest Americans live in Tarrytown, and areas like Mamaroneck offer all the charm of a small town. In the western regions, there are state parks, waterfalls and other natural features that keep residents active year round.The below results are primarily rent to own homes in :
Regardless of your preference for the big city or small town life, the water may pull you towards New York as a temporary or permanent home. The New York Bay surrounds the city with small waterways connecting the Hudson River to the Atlantic Ocean, and residents have direct access to the shorelines of Long Island. From enjoying boat tours of the New York Harbor to sailing and walking riverside trails, there’s always a way to enjoy Mother Nature in this state.
Buying a Home in New York?
How you buy a home in New York will depend largely on the area in which you want to live. There are many cities where you can buy single-family homes with acreage, and you will work with a real estate professional to ensure you select a home that has the features you desire along with adequate room for your family. If you aren’t tied to one city due to employment or other issues, you may spend some time researching various areas to ensure you find a home in a neighborhood that matches the lifestyle that you want to enjoy. New York offers variety, but that can make selecting a suitable home that fits your budget more time consuming.
If you choose to live in New York City, you will have to choose between buying into a co-op or purchasing a condo. It’s important to consider the location of your NYC building, but you also want to select a home with adequate amenities. For instance, some buildings require you to walk up multiple floors of stairs to reach your condo or apartment while others feature elevators. In general, you can expect to pay more for buildings that offer doormen, elevators, fitness centers, rooftops and other desirable attractions.
Popular Neighborhoods in New York?
If you’re a newcomer to New York, you may feel overwhelmed when you realize how many neighborhoods exist in this state, especially in and around New York City. If you want to live in the big city but are also concerned about the quality of schools, consider a home in Greenpoint. Test scores in this area beat all others in NYC, and this is a less populated region. The downside is that an oil spill contaminated the water in this area more than 30 years ago, and the water supply still hasn’t recovered. The upside is that you can find some affordable homes here.
If you prefer to live in the suburbs and commute to the city, look to Westchester County or move out to Long Island. If you dream of living in a charming brownstone but need more peace and quiet than the city allows, go west and look for homes on the upper west side. You’ll live close to Central Park while escaping the crowds.
If you’re searching for a single-family home, head out to the Buckingham Lake neighborhood of Albany. You’ll find picturesque homes surrounded by a hiking trail and pond. You can even walk to some of the small businesses found in western New York.
Buying vs. Rent to Own Homes?
While millions of people dream of owning their own home, the home-buying process isn’t always easy. You can expect to spend months getting pre-approved, searching for homes within your budget, bidding against other buyers, hiring home inspection professionals and collecting paperwork required by your lender. If you don’t want to go through that process right now but want to buy a home, consider renting your way to ownership.
Rent-to-own properties allow you to rent until you’re ready to make the property your own. You can use that time to save a more substantial down payment, improve your credit score or find a lender willing to offer you the amount of money needed to live in your preferred New York neighborhood. While you do end up a homeowner, you have some time to work through the buying process.
Cost of Living in New York?
New York is one of the most expensive states in the U.S., and the high prices aren’t limited to the Big Apple. Many of the smaller, more suburban communities with single-family homes and tree-lined streets are just as expensive as NYC, and some are even more expensive. The state as a whole demands an overall cost of living score that is more than 25 percent higher than the national average. Some areas of the state have housing prices nearly double the national average, and this is the biggest living expense for residents. Transportation and food expenses are approximately 10 percent higher than the national average.
Are you ready to pack up and move to the Big Apple? Do you want to discover the beauties of the Hudson River or live near family in Westchester County? While many newcomers select this state because they’re attracted to the big city or Long Island, there are many other reasons to move to New York. If you venture away from NYC, you will find many cities offer small town charm with green spaces, family-friendly hiking trails and quality school systems. If you stick close to the coast, you may find a home that overlooks the water. Imagine window views of the Hudson River, New York Bay or Atlantic Ocean. Whether you can afford to live in a sprawling mansion or need to find a home that works with your budget, the variety of housing options in this state may surprise you.
Summary
Are you ready to pack up and move to the Big Apple? Do you want to discover the beauties of the Hudson River or live near family in Westchester County? While many newcomers select this state because they’re attracted to the big city or Long Island, there are many other reasons to move to New York. If you venture away from NYC, you will find many cities offer small town charm with green spaces, family-friendly hiking trails and quality school systems. If you stick close to the coast, you may find a home that overlooks the water. Imagine window views of the Hudson River, New York Bay or Atlantic Ocean. Whether you can afford to live in a sprawling mansion or need to find a home that works with your budget, the variety of housing options in this state may surprise you.