7 ways to compete with an all-cash offer

… these days allcash buyers are more predominant According to Jonathan Miller president and CEO of real estate appraisal firm  Miller Samuel  the market share of cash buyers in Manhattan …

By Jennifer White Karp |May 16, 2023 - 10:30AM
Job cut jitters spur NYC buyers to ask for employment contingencies

… Spooked by layoffs in the tech industry New York City buyers are asking for exit clauses to be added to contracts … escape plan is making a comeback and could also appeal to buyers concerned by recent bank failures as per a recent report in the Wall Street Journal But buyers need to tread carefully Any contingency makes a real …

By Jennifer White Karp |March 21, 2023 - 9:30AM
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 … cases its neither typical nor cost effective to have a coop home inspection A better course of action is to review the … the structural components of the building  So skipping the home inspection for a coop doesnt present a major risk as …

By Emily Myers |January 17, 2023 - 9:30AM
5 ways NYC buyers can lower their closing costs

… extension and modification agreement or purchase CEMA This legal maneuver involves combining the sellers … to work with an attorney to suss out the details A purchase CEMA can be the most effective way to save on closing costs … buyer is getting a $1000000 mortgage then doing a purchase CEMA can save around $15400 in mortgage taxes Bear in mind …

By Evelyn Battaglia |January 5, 2023 - 1:30PM