Buying for the first time in NYC? Be sure to prep your finances first

apartment is likely the most serious financial commitment youll ever make and New York Citys complicated real estate … for conventional fixedrate loans  According to Cohn a buyer should have a credit score above 740 to secure the most … reasons a buyers credit is critical Banks have different incentives based on different credit scores For example …

By Evelyn Battaglia |January 14, 2026 - 11:30AM
What is a post-closing possession agreement and what are the risks for buyers and sellers?

… When you are buying in New York City a good strategy for beating … of signing this sellerinitiated contract  … Why you should weigh the pros and cons carefully … Being adaptable … lease and a license … Although it looks like the seller is renting back the apartment theyve just sold the contract you

By Brick Underground |July 16, 2025 - 12:30PM
How to attract an all-cash offer for your NYC property

… is going to not just go for cash buyers but make sure you get qualified buyers Thats really the most important … a broker with experience and relationships … Your broker should be attracting as many potential purchasers as … international buyers looking for a second or third home parents looking to purchase a unit for their adult child or an …

By Celia Young |May 24, 2024 - 12:30PM
Should I ask the seller to buy down my mortgage rate?

… … Buying down your mortgage rate is a way to lower your … cash at closing and sometimes a seller will cover a rate buy down through a closing credit according to our experts … fairly rare in New York City because its such a competitive market says Debra Shultz vice president of lending at …

By Celia Young |March 25, 2024 - 3:29PM