THE LAW FIRM OF RYAN J. WALSH & ASSOCIATES, PLLC In addition, we can assist you in landlord-tenant disputes or negotiations, estate planning, wills & trusts, probate law, and more. If you are in need of a legal team that has your best interests at heart and will see your transactions through from beginning to end, contact Ryan J. Walsh & Associates today.
76-12 41st Ave., Elmhurst
NEW YORK, 76-12 41st Ave., Elmhurst 11373 New York
THE LAW FIRM OF RYAN J. WALSH & ASSOCIATES, PLLC
I was referred this law firm by Well Fargo Bank for my first co-op purchase. Since I did not use a real estate agent on my side, I needed to ask a lot of questions to Ryan and Melissa from the contract to closing. They were very professional, friendly, patient and reliable. I’m very happy with their service and a new apartment.... My husband and I were in the market to purchase our first home. During this confusing process, we were recommended the services of Ryan Walsh, Esq. a real estate attorney. He was a huge help! He helped us through revising the contract and pointed out a bunch of problems that would have cost us big time in the future! We were able to get the home of our dreams and saved a ton or money and headaches thanks to Mr. Walsh’s help.... As a retired NYPD sergeant, I was incredibly bored without the excitement of my day job. Having saved a decent amount of money throughout the years, I decided to partner up with a close friend and began investing in real estate. Since we started Ryan Walsh has been our attorney and has proved to be a huge asset! Throughout the years he’s been able to expedite our paperwork/documents, speed up closings, find us financing, introduce us to lenders, and just provide amazing all-around legal advice. If you’re in real estate or looking to purchase any property, Ryan is the go to guy – he really knows this game well!... When the housing market crashed my wife and I were stuck trying to sell our beach home in Suffolk County for years and were having tremendous financial problems. Thanks to the help of Ryan Walsh & Associates we were able to refinance our home, getting a better rate on our mortgage, and freeing up some much-needed cash. A year after we were finally able to find a buyer, and Ryan and his firm did all of our paperwork in a quick and timely manner, helping us through all the complex parts of our mortgage and the closing. He saved us a ton of time and money – we can’t thank him enough, he truly changed our lives!... Last year I inherited a home in Queens from a deceased relative, and thanks to Ryan Walsh I was able to save on taxes and fees associated with the transfer of property from my uncle’s will. Living in Connecticut I really had no need for the home and decided to put it up for sale. I work crazy hours as a resident physician, so I was so thankful to have Ryan and his firm handle the legal paperwork and logistics of the sale. Thanks to Ryan and the realtor he recommended I was able to have the home sold in 4 months, and only came back to the city a handful of times in the process! Thanks for everything Ryan!.
Rating: 5 / 5 stars
Manhattan: 708 Third Ave., 6th Fl., New York, NY 10017
Queens: 76-12 41st Ave., Elmhurst, New York, NY 11373

Queens Real Estate Attorney

Tips to Afford Your First Home

Compare real estate figures from around the US, and one thing comes to mind pretty quickly, New York City is really expensive! With some of the highest valued, real estate in the entire WORLD, New York has by far one of the highest costs of living for individuals, married or single. In today’s market, with prices constantly in flux, renting the average NYC one-bedroom apartment costs roughly $33,000 per year. And in many places in the US, that number will actually allow you to own a fairly spacious home, big enough for you and that family you plan on having one day. With such high costs, that are fairly unheard of in other parts of the country, it can be a dream for most individuals to become property owners and it often takes a number of tricks, as well as some good luck. Queens Real Estate Attorney Ryan Walsh, Esq. has helped countless New Yorkers become first-time homeowners, despite all the challenges they might have faced. While many of us are stifled by credit card debt, student loan debt, and higher competition for better pay – others are taking advantage of things like FHA loans, and moving their families to the suburbs of Long Island or Queens real estate attorney Ryan Walsh says. As high as real estate prices are in New York City, with a little bit of frugality, some research, and the help of someone in the know like Queens real estate attorney Ryan Walsh, you can easily turn the tide in your favor. Here are some helpful tips on how to finance that first home.

One of the most important things to make sure of is that you and your spouse (if you have one), are financially organized in every sense of the word. It is important to create a strong, budget for yourself to live by, as well as knowing or having access to important financial information about yourself at all times.

· Budgeting

This is of vital importance for any time in your life and simply a smart way to live. The best way to stay on track with all your hopes and dreams is to make sure you create a budget for yourself as well as your household. Set aside a certain amount of money for vitals like groceries, your bills, and even some entertainment. Keeping a strong, sensible budget is important to the home purchasing process as it allows you to know exactly how much you would be able to spend on a mortgage in order to pay off your home loan.

· Your Financials

Another important thing to stay on top of is your finances overall and your financial health. You should always have important information on-hand, such as your credit score, any outstanding debts, how much money you’ve got in savings, and how much can you afford to put away every month. While this information is important in life overall, it is especially vital to those interested in purchasing their first home.

· Loan Options

In Queens, real estate attorney Ryan Walsh and his team of lawyers do most of their business and have used a number of creative techniques into getting well-qualified individuals into their first homes. A conventional mortgage is a home loan, that can be paid off over flexible periods of time – 10, 20, 25, and 30-year mortgages are traditional. And as with most loans, the longer the time period the smaller the monthly payment, but the more money you are paying in interest, over the life of the loan.

While a traditional mortgage can be difficult to get for many first-time homeowners, depending on your circumstances, individuals can put as little as 3% down in order to finance their home. Of course, here is why you should have the help of a qualified real estate attorney, as down payments of lower than 20% will often require what’s known as PMI private mortgage insurance, to be paid in addition to the monthly payment. As a Queens real estate attorney Mr. Walsh helps his clients to stay away from certain loans that can cause huge financial damage in the long-term. He and his staff have helped countless families and individuals use loopholes within the system to finance their first home – taking advantage of a number of different options and modified loans. One such loan is known as an FHA loan – a loan that is insured by the Federal Housing Administration (FHA). These loans are a fairly popular option for buyers, as they do not require a down payment of 20% of higher. Instead individuals who qualify can put down as little as 3.5% down and they will qualify with a credit score that is often lower than that of an individual in a conventional mortgage. In addition, many can couple these loans with local down payment assistance programs that are specific to your area. For more information on getting the home of your dreams and loan assistance programs all over NYC, contact Queens Real Estate Attorney, Ryan Walsh, Esq. today.

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Locations


Queens
76-12 41st Ave Elmhurst, NY 11373
718-793-2488


Manhattan
708 Third Avenue, 6th Fl., New York, NY 10017
212-300-5209



Phone

212-300-5209 | 718-793-2488 | 646-541-7771
Fax: 718-793-2247
ryan@rjwesq.net

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THE LAW FIRM OF RYAN J. WALSH & ASSOCIATES, PLLC

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