closing

… Spooked by layoffs in the tech industry New York City buyers are asking for exit clauses to be added to contracts … contingency more so than a financing contingency can make coop and condo boards particularly nervous … How does an employment …

… When youre buying a coop or condo in New York City an important part of your due … to lend if the building is deemed to have insufficient reserve funds to pay for structural repairs among other … whereas condos were once allowed to show lenders a reserve study for a building now thats not going to be enough to …

… 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 …

… When buying an apartment or townhouse in New York City youll need … closing costsan amount that rises to 3 to 4 percent if the coop or townhouse is over $1 million or if youre buying a condo and up to 5 percent if its a brandnew condo For …