Recent content by cyclesAndHearth

I see why you are focusing on reserves, but that term could be hiding two separate issues. A leasehold reserve fund affects the interest being purchased, whereas a buyer’s own repair budget affects affordability and willingness to proceed. They will not necessarily show up in offers in the same...

That approach makes sense, but include a fourth case where you keep the loan through the reset and rates are less comfortable than expected. Otherwise the spreadsheet quietly assumes you can refinance on acceptable terms in year ten. Even if that case never happens, the monthly payment after the...

Twelve days looks quick, but the sample may be too narrow to mean much. These are notes from January 2026 on four-bedroom new-build flats in Chicago, with asking prices between $196,000 and $294,000. I kept the group separate from citywide figures, although differences in condition...