1. Will I be able to afford to buy this home, make the payments, maintain it and pay the insurance and taxes now and in the future (as taxes, insurance and expenses can go up)
2. Do I have enough cash or downpayment and can I qualify or been approved for a mortgage that is reasonable and that I can afford.
3. Am I ready to take on the care and upkeep of a home and what goes with it ? (or if a coop am I ready to deal with the board application process, etc.
4. Does this home meet my present and future needs
5. Do I have a competent local NYC attorney that specializes in real estate to review the contract, perform due diligence and attend the closing?