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

… Buying a house or apartment is likely the most serious … questions about what you can afford whether a coop or condo makes better financial sense for you and how to budget … one credit card and they only buy things if they can pay cash for them That may be a wise decision for your finances …

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

… York City a good strategy for beating the competition is to find out what the seller wants and be the buyer who meets … rate lock expires I have not had a deal in the past year where one was required Kessler said Read on for the … 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
The buyer's and seller's guide to NYC closing costs

… who say they can do it for $1500 or dont specialize in NYC real estate closings  … Mansion tax … The mansion tax … charge 10 percent of the sellers profit Flip taxes are not really taxes but a fee paid to support building reserves and … savings For more details read What is a CEMA loan and when does it make sense to get one … Ask for a closing credit … …

By Evelyn Battaglia |January 6, 2025 - 10:00AM
How to attract an all-cash offer for your NYC property

… New York Citys sales market is flush with cashoffers that is  With high interest rates making … 634 percent of all transactions for Manhattan coops and condos in the first quarter of 2024 in the thirdhighest … … Your broker should be attracting as many potential purchasers as possiblethose with or without financing said …

By Celia Young |May 24, 2024 - 12:30PM