7 ways to compete with an all-cash offer

As the saying goes cash is king New York City buyers who pay … buyers despite their solid finances she says The reason The selling price was too low Cash provides some level of … case it doesnt happen the seller can accumulate backup bids without losing more time to relist … 6 Think outside the …

By Jennifer White Karp |May 16, 2023 - 10:30AM
How to read a NYC co-op or condo building’s financial statement

… potential residents  Of course this document is not the most fascinating read So you may be relieved to know that … be afraid of coops in NYC … Coops are generally 10 less expensive than condos Their rules are designed to protect the value of your …

By Emily Myers |February 22, 2023 - 3:30PM
When you're buying a NYC co-op, is it risky to skip the home inspection?

…     … A home inspection for a coop or condo in New York City isnt … in a coop or condo the systems that service an entire building are the shared responsibility of all the apartment …

By Emily Myers |January 17, 2023 - 9:30AM
How much do NYC sellers pay for closing costs?

… 8 to 10 percent of the purchase price to cover these fees and taxesdouble what buyers can expect to pay on their … net profit will be minus closing costs will help you set a realistic budget before you begin your next home searchand … Stone says … Attorney fees … Most attorneys in NYC charge a flat fee rather than an hourly rate thats due at the …

By Evelyn Battaglia |January 9, 2023 - 12:30PM
What NYC buyers can expect to pay in closing costs

… When buying an apartment or townhouse in New York City youll need … you and in turn the bank against any outstanding liens or open work permits that might be discovered after closing … and triples liability to $300000 Larger apartments and townhouses call for even higher coverage for example  insuring a …

By Evelyn Battaglia |December 19, 2022 - 12:30PM