How to read a NYC co-op or condo building’s financial statement

… When youre buying a coop or condo in New York City an important part of your due … to borrowing guidelines by Fannie Mae that have curtailed banks willingness to lend if the building is deemed to have …

By Emily Myers |February 22, 2023 - 3:30PM
How much do NYC sellers pay for closing costs?

… cover these fees and taxesdouble what buyers can expect to pay on their end That means youd have to fork over $80000 to … represent the biggest slice of the closingcost pie In NYC sellers are expected to cover the broker fee which is … that down to save costs … Transfer taxes … This being NYC sellers of coops condos and townhouses pay a combined …

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

… York City youll need to cough up more than just the down payment for your upfront expenses Every sale triggers fees … point is around $4000 for a simple purchase this being NYC and upwards of $10000 for more complicated transactions … … condos … insurance … mortgage … taxes … townhouse … What NYC buyers can expect to pay in closing costs …

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