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Michele Petry

Senior editor, Home Lending
Ribbon EXPERTISE
  • Real Estate
  • Housing Market
  • Homebuying
  • First-Time Homebuying
  • Home Affordability
Education EDUCATION
  • Bachelor’s degree in journalism, Syracuse University

 

About the author

Michele Petry is a senior editor for Bankrate, leading the site’s real estate content since January 2022. Before joining Bankrate she was a writer and editor for StreetEasy, Zillow’s New York City real estate site. Before that, she amassed 20 years of experience on staff at national magazines, honing her skills editing home-based content at House Beautiful, Elle Decor and Veranda (among other titles). Michele earned her journalism degree from Syracuse University’s Newhouse School of Public Communications and is a member of the Society for Advancing Business Editing and Writing (SABEW). She lives in Manhattan.

Michele beyond Bankrate

StreetEasy, Zillow’s New York City real estate site

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Michele wants you to know

Buying your first home is scary, stressful and thrilling all at once. I couldn’t believe a bank was willing to lend a young, clueless me what seemed at the time like SO. MUCH. MONEY. The fact that it was a New York City co-op apartment, with all the esoteric rules and nerve-racking interviews that includes, made it even more surreal. I know firsthand how important it is to have a knowledgeable real estate agent to guide you through the journey — mine specialized in my neighborhood, knew the building I was buying in specifically, and saved me from making a million naive missteps. I’m happy to use my experience and skills to help others achieve the dream of homeownership.

Hire a real estate attorney for any home sale or purchase, even if your state doesn’t require you to. The contracts are complex, and the stakes are high — it’s worth the extra cost to make sure everything is legally buttoned-down.

— Michele Petry

Michele's latest articles

  • gross rent - apartment building exterior with wood detail and balconies

    What is gross rent?

    Gross rent is the total amount it costs to rent a home — but it can get complicated if the landlord is advertising a net-effective rate.

    2 min read Oct 28, 2022
  • how to negotiate house price - the negotiation table

    How to negotiate a house price

    Price negotiations are common in real estate. But how much wiggle room you have depends on various factors.

    7 min read Oct 28, 2022
  • Cozy living room at industrial loft open space

    What is a leasehold estate?

    If you’ve ever rented an apartment, you’ve entered into a leasehold estate. Learn more about this legal real estate term and what it means.

    3 min read Oct 26, 2022
  • house in Delaware

    Selling a home in Delaware

    Property values are soaring in the First State — but sellers here will pay a high price in closing costs.

    8 min read Oct 25, 2022