Job cut jitters spur NYC buyers to ask for employment contingencies

… York City buyers are asking for exit clauses to be added to contracts in case they lose their jobs before the contract is signed This unusual escape plan … contingency more so than a financing contingency can make coop and condo boards particularly nervous … How does an …

By Jennifer White Karp |March 21, 2023 - 9:30AM
What debt-to-income ratio do you need to buy a co-op in NYC?

… … In order to buy a coop in New York City your debttoincome ratio should ideally be in the range of 22 to 24 … percent our experts say The actual ratio varies depending on the buildings requirements because some buildings have … how receptive a coop board will be to your application based on previous purchases in the building  Debttoincome

By Emily Myers |March 20, 2023 - 9:30AM