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 … real estate taxes reserve fund and repairs and capital improvements she says    Because coops have a unique …

By Emily Myers |February 22, 2023 - 3:30PM
What NYC buyers can expect to pay in closing costs

… closing costsan amount that rises to 3 to 4 percent if the coop or townhouse is over $1 million or if youre buying a … to make sure you meet all financial obligations and see what if any costs might be shifted to the seller this … point is around $4000 for a simple purchase this being NYC and upwards of $10000 for more complicated transactions …

By Evelyn Battaglia |December 19, 2022 - 12:30PM
Can you negotiate the rate and terms of your mortgage when you're buying in NYC?

… to wonder if a buyer has leverage when it comes to the terms and rate of a mortgage The answer is Sort of Mortgage … future uncertain its currently difficult to negotiate the terms of a loan from an individual institution says Pat … claims of discrimination that could arise if different terms are offered to borrowers who present the same level of …

By Emily Myers |December 19, 2022 - 9:30AM