Home Ownership in Queens Village : Advice

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Marco Gomez, Real Estate Pro in Queens, NY
Marco Gomez answered:
Does the traditional rule of thumb still apply to today's market: Only buy a house if it costs no more than 2.5 times your annual income?
That is pretty impossible to do in the greater new york area, generally the rule of thumb is that if your payments including your mortgage, taxes and insurance are less than 50% of your ... more
0 votes Share Flag Wed Apr 24, 2013 Home Ownership in Queens Village
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