The buyer's and seller's guide to NYC closing costs

… Whether youre buying or selling real estate in New York City … This is not an area to skimp on so steer clear of attorneys who say they can do it for $1500 or dont specialize in NYC … and capital improvements   Whether the buyer or seller pays depends on the building Even when its the buyers …

By Evelyn Battaglia |January 6, 2025 - 10:00AM
Should I ask the seller to buy down my mortgage rate?

… new developments in NYC thanks to the higher interest rate environment The US Federal Reserve has raised interest rates … in 2022 to curb inflation though it has signaled that it plans to begin cutting rates this summer   Ive been doing … rare but it demonstrates how much the high interest rate environment is impacting prospective buyers Melissa Leifer a …

By Celia Young |March 25, 2024 - 3:29PM
Closing credits: Here's how much NYC sellers are paying now—and how to negotiate your own deal sweetener

… One way to think of a closing credit is a quiet discountbecause the buyer gets a concession from the seller at the closing table … gets officially recorded will be significantly higher than what the seller actually pays which helps maintain a higher …

By Evelyn Battaglia |January 31, 2024 - 3:30PM