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 the competition is to find out what the seller … who meets their needs If a seller needs to close on the sale before they can move out that could mean entering into … Kessler said  Normally postclosing agreements have an outside date by which the seller must move out or pay a per …

By Brick Underground |July 16, 2025 - 12:30PM
Buying for the first time in NYC? Be sure to prep your finances first

… to critical questions about what you can afford whether a coop or condo makes better financial sense for you and how … of credit which you pay off regularly including credit cards student loans and car loans Its best to have at least … about $80000 after closing to cover those monthly costs A gift to cover these expenses is an option if youre fortunate …

By Evelyn Battaglia |January 21, 2025 - 1:30PM